2020 US Presidential Election Odds

Types Of Presidential Betting

There are limited ways of betting on which party, or candidate will take over the White House. However, knowing the different ways to bet on US Presidential Elections is key to profiting off the political process. Below are some of the most popular bet types seen at legal sites with 2020 Presidential Election Odds.

Presidential Election Futures Bets – The most common way to bet on US Presidential Election odds is through futures betting. These odds can fluctuate depending on current events surrounding the US Election, or what a candidate says or does. Some sportsbooks will have more than just the two candidates available to bet on and it’s best to not get caught up in betting on candidates that likely won’t even make it onto the ballot in many states. Furthermore, during the Presidential Primaries before the parties have chosen their nominees is one of the best times to bet on Presidential odds as the options are numerous and the chance to hit on one of the underdog candidates always features a big return for political bettors.

Vegas 2020 US Presidential Election Betting Odds

Betting on the Vegas Odds for the Presidential Election is hard to do since no legal sportsbook based in the US is allowed to accept bets on Presidential Elections. Although it is illegal to place these bets at a sportsbook based on US soil it is not illegal to place US Presidential Election bets on sports betting sites that are based outside of the United States. These sites are completely legal and safe as they’ve been serving American bettors for decades now. This is what gives betting at offshore sportsbooks an advantage over many of the local retail sportsbooks found through the USA. WIth a similar experience to placing any bet on the 2020 US Presidential Election at a Vegas sportsbook bettors shouldn’t hesitate to place wagers at Bovada, BetOnline, or MyBookie.

How The 2016 Presidential Election Differs Greatly From The 2020 Presidential Election

In terms of likeability, Biden has much more of that than Hillary Clinton did in 2016. In July of 2016, Clinton was polling with numbers of 34% positive and 56% negative with 43% of that being “very negative.” Fast forward four years to July 2020 and Biden polled at 34% positive like Clinton and 46% negative with only 33% of that being deemed “very negative.” His negativity view is a whopping 10% less than hers was which could prove to be huge come November when it’s time to vote.

Not only is there this difference in the elections, but third party voting in 2016 was 6% which aided Trump in his win of the Electoral College. However, this percentage is expected to be much lower because of Biden. Every person that was a fan of Bernie Sanders can see that he and Biden share a friendship far better than Clinton held with Sanders. That could seal the Biden vote for those that originally wanted Sanders as President. There is also the fact that many more people have decided to become involved after being unhappy with President Trump’s actions in the oval office and no longer wish to see him serve another four-year term.

This race will be much tighter than that of 2016. Polls and popularity all favored Clinton heavily but Trump came out victorious. Now each man in this race is pretty evenly matched when it comes to voters in the United States. Should it come down to splitting hairs, it could go to Biden for the win only because it’s been rumored that the Senate and the House will both be Democratic and want Biden in office. Polls in September have shown that Biden is at 49.9% while Trump has dropped to 42.1%. Even on his best days throughout this campaign, Trump has not been able to break 47% in national polls against Biden which isn’t the best he could hope for going into the new election but he’s been a bigger underdog before so his team is not as worried as most would be.

Other Types Of 2020 Presidential Election Betting Odds

There will be a handful of other types of 2020 Presidential Election betting odds up on various online sportsbooks within their political wagering section. These are mostly political prop type bets and there is no limit to how many will pop up at one time. During the debates, which begin at the end of September, bets on how much a certain word is said or how long a candidate will speak are often up for gambling purposes. With the Coronavirus still being a very big part of daily life, this section of bets for the 2020 Presidential Election is expected to be big to make up for the lack of other events happening to wager on. Below you will find a few bets and their odds that are currently up on sportsbooks like Bovada.

BetOnline:

BetOnline:

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.

April 8, 2020 – And Then There Was One
Senator of Vermont Bernie Sanders officially drops out of the race for the 2020 Presidential Election. This leaves former Vice President Joe Biden as the sole Democratic candidate for the Presidency.

August 11, 2020 – Kamala Harris Become VP Choice
Joe Biden officially announced that Kamala Harris would be his running mate. Though names like Susan Rice and Val Demings floated toward the top of the oddsboard, Biden selected the California senator.

August 17-20, 2020 – Democratic National Convention
Former Vice President Joe Biden became the Democratic nominee in the DNC and will take on the incumbent, Donald Trump, in the 2020 US election. The event was held virtually due to the coronavirus.

August 24-27, 2020 – Republican National Convention
Just a week after the DNC, the Republicans held their convention in Washington DC, Charlotte, and from a variety of virtual locations. Without a true challenger, Trump was renominated as the Republican candidate, as was Mike Pence for VP.

September 29, 2020 – Presidential Debate #1
In the first showdown between Donald Trump and Joe Biden for the 2020 presidency, Fox News’ Chris Wallace is set to moderate the first Trump-Biden debate that will be held at Case Western Reserve University in Cleveland.

October 7, 2020 – Vice Presidential Debate
In this 90-minute uninterrupted debate, Senator Kamala Harris will take on Vice President Mike Pence at The University of Utah in Salt Lake City. USA Today’s Susan Page is set to moderate the event.

October 15, 2020 – Presidential Debate #2
Originally scheduled to happen at the University of Michigan, the second presidential debate will take place at the Adrienne Arsht Center for the Performing Arts in Miami. CSPAN’s Steve Scully is slated as the moderator for this 90-minute debate.

October 22, 2020 – Presidential Debate #3
Moderated by NBC News White House Correspondent Kristen Welker, the third presidential debate in 2020 will take place at Belmont University in Nashville. As the final debate, the 90-minute showdown will feature six 15-minute segments.

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 March 2020, here are campaign spending reports for top candidates:

• Michael Bloomberg: $1.06 billion
• Tom Steyer: $347.5 million (Q3 and Q4)
• Donald Trump: $245.6 million
• Bernie Sanders: $214.9 million
• Joe Biden: $134.6 million
• Elizabeth Warren: $128.4 million
• Amy Klobuchar: $54.0 million
• Andrew Yang: $41.8 million
• Pete Buttigieg: [No FEC data]
• Howie Hawkins (Green Party): $100,890
• Vermin Supreme (Libertarian Party): $59,068