2020 Presidential Election Odds – Odds To Win The 2020 Election
You have plenty of opportunities available for you to wager on 2020 Presidential election odds. Here is the fact of the matter, people love to bet on competitions. There is a reason why sports betting is so popular across the country. But there is a competition that arguably will have all Americans, and people around the world are focused on it. That is the 2020 Presidential elections. Politics these days are very polarizing. No matter how hard you try, you cannot escape it. So instead of trying to fight it, why don’t you make it for yourself and learn how to bet on the 2020 elections?
There are a lot of different things you have to understand before you go on and look up who has the best odds to win the 2020 election. Political betting laws are a bit different compared to legal sports betting laws. But there are some similarities between the two activities. Throughout this page, we are going to go over some of the things that make political betting what it is. We hope that by the end, you will have a better understanding of political betting and help you understand how you can get started on betting on the 2020 elections.
Legality Of Political Betting Markets In The US
The overall legality of political betting markets in the US is pretty simple to understand. Even though sports betting has taken the United States by storm, political betting is a completely different issue. Right now, all legal sportsbooks in the country are not allowed to take bets on the 2020 Presidential elections or any other election around the country. Most states specifically have laws against sportsbooks providing odds on any elections. But that could change in the future. With sports betting becoming more accessible in the US, states are having a more positive outlook on gambling as a whole. We believe it’s only a matter of time before political sports betting will hit retail sportsbooks. For now, only online offshore sportsbooks allow you to bet on your favorite candidate.
Current 2020 Presidential Candidates + Odds To Win The 2020 Election
Throughout the 2016 election cycle, Donald Trump was a massive betting underdog. Even at 8 p.m. on election night, Trump’s odds sat at +550. Instead of the decisive Hillary Clinton victory oddsmakers expected, Trump won narrow battles in key swing states throughout the night, eventually leading to his upset victory.
In 2020, Donald Trump was considered a heavy betting favorite as the field of Democratic contenders was wide and varied. With Joe Biden making a strong surge around Super Tuesday, the odds for the Republicans to stay in the office have become closer to EVEN while Joe Biden took the top position as his opposition. Election odds vary widely between different sportsbooks, so it is important for smart bettors to shop lines to ensure optimal payouts.
Odds To Win The 2020 Election:
- Donald Trump -110
- Joe Biden +125
- Bernie Sanders +2000
- Andrew Cuomo +3300
Odds To Win The 2020 Election:
- Donald Trump -140
- Joe Biden Even
- Bernie Sanders +4000
Odds To Win The 2020 Election:
- Donald Trump -110
- Joe Biden +125
- Andrew Cuomo +2000
- Bernie Sanders +3000
Types Of Presidential Betting Odds
The range of bets for political elections is fairly limited. The main bets available for the general election right now are futures bets on who which candidate or party will win the election. There are also betting options for the ongoing Democratic Primaries, which began with the Iowa caucuses on February 3, 2020. You can bet on who will win individual state primaries, as well who the Democratic nominee will ultimately be. Because political elections are so fluid, their betting odds can change rapidly. Most sportsbooks update election odds at least once every few days during the lead-up to the election, and then several times a day during the general election.
Odds To Become 2020 Democratic Nominee
The intervening years between the 2016 election and 2020 were tumultuous and chaotic for the Democratic party. In total, 29 different Democratic candidates announced a presidential campaign. Since Super Tuesday concluded, many candidates took their names out of the hate. The two favorites left are Joe Biden and Bernie Sanders, though odds for Hillary Clinton still sit in their range.
Betting Odds For The 2020 Vice President
Despite the candidates being nearly selected, bettors can also bet on the election in regards to the Vice President of the United States. Each candidate has explained or dropped hints about who they would consider taking and the odds can be offered by each individual candidate as well as for the party itself. With Biden favored to be the Democratic nominee, his running mate is also favored in kind. Interestingly enough, all of the top candidates are women, showing no desire from the top candidates to bring a male counterpart along.
How To Get Started With Political Betting
As we have said above on this page, you will not find political betting odds at retail sportsbooks. That is why online offshore sportsbooks are the best way for you to get started. You can sign up for your free account on sites like Bovada or BetOnline and you will be on your way to bet on the 2020 elections. Once you have signed up, all you need to do is find the political section of the sportsbook and you can easily make your bets on the elections.
Betting on politics is not just restricted to being on your desktop or laptop. Breaking news happens all the time, and you might want to bet on the elections when you are out traveling. On all of the online offshore sportsbooks we recommend, each is equipped with a fully capable mobile betting app which will allow users to take advantage of any odds shifts no matter when, no matter where. All you need is connect to the internet, look up your favorite sportsbook, and then you will be automatically redirected to the mobile version of the site. From there, you will be able to bet on 2020 Presidential election odds just like you normally would have if you were at home.
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US Presidential Election 2020 – Winning Party Odds
When it comes to US Presidential betting odds, the winning party odds is a rather simple category. All you have to decide is which party the next president will be a part of. If you believe that Trump will win re-election, you will want to bet on Republicans. But if you think a Democrat will unseat him, then you will bet on the Democrats. There is, of course, the chance that a third party will pop up. However, it has been historically proven that third party candidates have never really had a shot of becoming President. It is possible that our recommended online offshore sportsbooks will not have a third-party option because of that reason.
Key Dates For The Upcoming Presidential Election
While the betting odds on the presidential candidates are bound to change, bettors can keep aware of when these changes are going to happen by knowing certain key dates. If a candidate performs poorly at a debate or loses a state’s primary, it can seriously affect their betting odds. Some of the most important dates to keep an eye on for betting on the election include:
January 14, 2020: Democratic Debate Number 7
Bernie Sanders and Pete Buttigieg all impressed during the debate with a major stand out moment occurring from Sanders on supporting a female presidential candidate.
February 3, 2020: Iowa caucuses:
Pete Buttigieg took a narrow lead over Senator Bernie Sanders’ 13 delegates to Sanders’ 12. This gives Buttigieg a slight 22 to 21 lead over Sanders.
February 7, 2020: Democratic Debate Number 8
Both Bernie Sanders and Pete Buttigieg put on a show as they established themselves as the clear-cut leaders to represent the Democratic Party in the upcoming election.
February 11, 2020: New Hampshire Primary
Bernie Sanders gained a slight lead over Pete Buttigieg. Both candidates ended with 9 delegates, with Sanders taking 75,690 of the votes (25.7%). Buttigieg took 71,999 of the votes (24.4%).
February 19, 2020: Democratic Debate Number 9
Despite being the favorite, Bernie Sanders remained rather unscathed by his opponents. Instead, Elizabeth Warren continued the targeting of Michael Bloomberg while Pete Buttigieg looked to keep the peace and calmness in the group. Biden limited his gaffes and held a strong performance.
February 22, 2020: Nevada Democratic Caucus
Bernie Sanders took an overwhelming victory at the Nevada caucus, going home with 46.8% of the votes, and boasting 24 delegates.
February 25, 2020: Democratic Debate Number 10
Michael Bloomberg redeemed himself during the debate while Bernie sanders took a beating from all other candidates accusing him of being a communist. Joe Biden may have been the story of the night however as he was able to regain some momentum heading into the South Carolina primary, an event Biden needs to win in order to stay in the race.
February 29, 2020: South Carolina Democratic Primary
To no surprise, Joe Biden took control of South Carolina. His 35 delegates (48.4% of the votes) proved the mid-Atlantic region is his to lose. Bernie Sanders (13 delegates, 19.9% of votes) also received some support as well with no other candidate breaking past a dozen percent of the votes or receiving a delegate.
March 3, 2020: Super Tuesday primaries
Joe Biden won important victories in key battleground states like Minnesota and Massachusetts after many other moderate candidates dropped out and endorsed his campaign in the days leading up to Super Tuesday. After entering the day trailing Senator Bernie Sanders in delegates, Biden finished it with a lead of nearly 200 delegates.
March 10, 2020 – Six more state primaries
Joe Biden again won important primary victories in Idaho, Michigan, Mississippi and Missouri. Ballots are somehow still being counted in Washington, where the race is very tight and Biden holds a slight edge. Sanders’s only state win for the night was in North Dakota.
March 15, 2020 – Democratic Debate 11
Joe Biden and Bernie Sanders exchanged haymakers in a strange debate that featured no audience and strict spacing between candidates out of fear of the Coronavirus, which was the focus of much of the debate. Biden made some notable gaffes and false claims, but Monday polls indicated little change in voter perception of the two candidates.
Understand Election Odds Versus Campaign Financing
There is a strong positive correlation between campaign spending and election success. Most years, whichever candidate spends the most money will win the election. This can result in sizable discrepancies between how well a candidate is polling and how favorable their odds are. If a candidate who has spent a lot of money is polling well but their odds aren’t too favorable, it can lead to a smart bet that can be used to hedge later. Understanding campaign finance can be a great way to get ahead in political betting, but that doesn’t mean that campaign spending is the end-all, be-all.
As of January 31, 2020, we now have complete campaign financing data from 2019. The candidates that raised the most money in 2019 are:
- Tom Steyer: $206.6 million (Q3 and Q4)
- Michael Bloomberg: $200 million (all in Q4)
- Bernie Sanders: $109 million
- Elizabeth Warren: $82.1 million
- Pete Buttigieg: $76.4 million
- Joe Biden: $61 million
- Andrew Yang: $31 million
- Amy Klobuchar: $28.9 million
Other Types Of 2020 Election Betting Odds
From time to time, there will be other categories that pop up during the 2020 elections. They usually appear when the Democratic party has a debate. From there, the sportsbook will display a number of props for the debate. They can be anywhere from who will have the most speaking time to will a candidate wear a tie or not. For now, due to COVID-19 (coronavirus), sportsbooks are offering lines that are slightly more off the wall.