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Political Odds & Betting News

Like many bettors, you may be wondering, can you bet on the presidential elections? The answer is a resounding “Yes!”. The election will take place on Tuesday, November 3rd, 2020 with betting opportunities coming in strong like a D Triple C fundraiser.

Where to Bet on the Presidential Election

Las Vegas bets on presidential elections are common. Luckily, you don’t have to go to Vegas to bet on the race for president. Our Guide to the Best US Sports Betting Sites gives you a list of the top sportsbooks for election betting.

Below you’ll find a handy guide detailing how to bet on the upcoming United States election and the types of wagers you can make. Our political expert also covers betting news, election odds and free picks.

Election Betting Breakdown

Before attempting any US presidential election betting or even looking at betting odds, it’s important to gain a basic knowledge of how the American electoral system works.

There are two main political parties: Democrats and Republicans. The Dems are represented by the color blue, while the Reps are red. Each party presents one candidate whose name appears on the ballot for voters to select. The candidates run on what is called a “ticket” with their vice-presidential choice. A ticket would look like this:

RepulicanDemocrat
Donald Trump (P)Joe Biden (P)
Mike Pence (VP)Corey Booker (VP)

Another important factor in online betting for the election is the electoral college. This is a body of 538 electors that under the US Constitution are responsible for determining a winner. States are given a number of electors based on their population. The public does help in choosing a president in the form of the “popular vote” but the college cements the deal. In 2016 Hillary Clinton snagged the popular vote with 65,853,514 people choosing her to lead. But, Trump won the electoral college with 304 votes, making him president. For bettors, looking at the electoral college can be a great handicapping tool. Seeing how each state voted in the 2016 race can help you determine how they may vote in 2020.

StateNumber of Votes
California (Blue)55
Texas (Red)38
Florida (Red), New York (Blue)29 each (58 total)
Illinois (Blue), Pennsylvania (Red)20 each (40 total)
Ohio (Red)18
Georgia (Red), Michigan (Red)16 each (32 total)
North Carolina 15
New Jersey (Blue) 14
Virginia (Blue)13
Washington (Blue)12

Arizona (Red), Indiana (Red),

Massachusetts (Blue), Tennessee (Red)

11 each (44 total)

Maryland (Blue), Minnesota (Blue),

Missouri (Red), Wisconsin (Red)

10 each (40 total)

Alabama (Red), Colorado (Blue),

South Carolina (Red)

9 each (27 total)
Kentucky (Red), Louisiana (Red)8 each (16 total)

Connecticut (Blue), Oklahoma (Red),

Oregon (Blue)

7 each (21 total)

Arkansas (Red), Iowa (Red), Kansas (Red),

Mississippi (Red), Nevada (Blue), Utah (Red)

6 each (36 total)
Nebraska (Red), New Mexico (Blue), West Virginia (Red)5 each (15 total)

Hawaii (Blue), Idaho (Red), Maine (split),

New Hampshire (Blue), Rhode Island (Blue)

4 each (20 total)

Alaska (Red), Delaware (Blue), District of Columbia* (Blue),

Montana (Red), North Dakota (Red), South Dakota (Red),

Vermont (Blue), Wyoming (Red)

3 each (24 total)

*DC is considered a state for voting purposes

Online Betting for Presidential Election

Betting on politics is very similar to betting on sports. Instead of making a bet on how many touchdowns a quarterback will throw, you’re betting on tax reform and universal healthcare.

Moneyline

Often called a “straight-up” bet, a moneyline bet involves you picking a winner. Let’s say you’re betting on which candidate will get the Democratic nomination. Betting odds will look something like this:

Elizabeth Warren -130

Bernie Sanders +200

Joe Biden +250

Pete Buttigieg +275

Kamala Harris +300

Cory Booker +600

Beto O’Rourke +600

In this scenario, Warren is the frontrunner, aka favorite. If you believe that she will get the nomination and wagered $100, you would win $178.92 (your original $100 is returned along with your winnings of $76.92). On the other hand, if you think Harris has a clear shot, a winning $100 bet on her would give you $400 (your original $100 is returned along with your winnings of $300).

Our Odds Calculator can help you determine how much you’d win based on your bet amount.

Point Spread

Point spread election betting is different than what you’d do for a college football game. Instead of wagering on how many combined points two teams would score, you can bet on how many seats the democrats or republicans will win in the House or Senate.

Props

Prop bets are wagers that may not associate directly with the outcome of the election. These are bets like:

• Who will candidate X choose as their running mate?

• How long will the presidential debate be between the democrat and republican candidate?

• How many times will candidate Y take a sip of water during their speech?

• How many times will candidate Z bring up the Obamas or the Clintons during the debate?

Live Betting Odds for the Presidential Election

In-play betting is available at most sportsbooks during debates and on election night. Odds can generally be found for which candidate will win the popular vote and who will win the electoral college.

Odds are available for the 2020 election at most online sportsbooks. Now that you know where and how to bet, make your picks today.