With this, one side is booked at favorite money with the other coming back with dog money. The bettor then chooses the side they believe will win, and if successful their resulting payout will be based off of the odds that were listed at political betting sites. Example: US Presidential Election 2020 Winning Party: Democratic Party (-115).

Live Betting Odds Data - 2020 US President

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Odds and amount wagered are calculated using our aggregated weighted index of odds offered by Betfair, Betway and Predict It.
Last Updated: 2020-12-08 14:48:29 PDT

Odds are updated every minute.

Latest US Election Odds News for December 2020:

November closed out without an acknowledgement by President Donald Trump that he failed to win re-election, which has historically been a hallmark signifying the peaceful transition of power between administrations. Instead, Trump has continued to attack the process, the vote counters, and just about everyone else who will not defy reality and declare him the winner.

The administration is continuing its legal challenges in a number of battleground states, but the number of defeats those efforts have had in court outnumber the victories by a factor of 10. As more states officially certify Joe Biden the winner, Trump’s legal path to victory, which was already nigh impossible, shrinks into nonexistence. The only official movement towards transitioning to a Biden administration, which begins at noon on Jan. 20, has been Trump reluctantly agreeing to free up long-delayed transition funds to help ensure the incoming administration is prepared to take the reins on day one. President-Elect Biden and Vice President-Elect Kamala Harris are also set to receive classified intelligence briefings starting Monday, Nov. 30.

It’s 2020, which means absolutely nothing can go according to plan, so here we are in December with an election outcome that’s obvious to everyone except the incumbent. Trump and his team can run out the clock for now, but on Dec. 14 the Electoral College will officially cast their votes based on states’ certified results, at which point Biden and Harris will be unambiguously and immutably declared the winners.

The Bonus.com 2020 US Presidential Election Tracker continues to tally up the amount wagered on the election from overseas, with the tally nearly doubling since Election Day to over $1.5 billion.

2020 US presidential election odds coverage archive:

2020 US Presidential Election Odds

The 2020 US Presidential election is considered to be the most important election of modern times. A new normal to everyday life means a lot is at stake. Polling numbers are one way to predict just what will happen in November. The 2020 presidential election odds tells a different story.

When it comes to the odds to win the presidency, track the odds here. With up to the minute presidential bet odds bookmark this page and check back often.

How Odds On Elections Are Calculated

Presidential betting odds are calculated using an aggregated weighted index including numbers from:

• Betfair Exchange
• Betway
• PredictIt

Using the chart above you can view odds from all of them at once, weighted, or check an individual market. A betting exchange (Betfair Exchange, PredicIt) lets people bet against each other. The bookmaker (Betway) takes less risk but will take a small percentage of winnings.

Election betting is often referred to as “futures” because it is a wager on a specific, future event. Most election wagers are moneyline bets or straight bets. It’s a straight forward wager normally with no spread involved.

For a sporting event, you are bidding on which team will win. For betting on the presidential election, you are bidding on which candidate will win.

How Are The Presidential Election Betting Percentages Calculated

When comparing the presidential odds, a plus symbol means that the option is an underdog. The minus symbol means the option is a favorite to win.

For example, let’s say Trump’s election odds are -125. If you bet $125, you would win $100 and get back the $125 bet if he wins. On the other hand, what if the odds that Joe Biden will win the election are +135. If you bet $100 on Biden to win, you win $135 and get back the original $100 bet.

When the 2020 election odds are +135 that means oddsmakers give the Democrats a 42.55% chance of winning the election. The return on the wager is higher. This is because betting on the US presidential election underdog is seen as a more risky bet.

When Trump’s election odds are set at -125, presidential bet odds give Republicans a 55.56% chance of winning.

How Accurate Are The Betting Odds For The Election

As with any wager, it’s important to look at the sources of information that lead people to choose one bet or another. In this case, news coverage and election polling are common sources of information.

Prior to the 2016 election, people commonly trusted reliable polling numbers. That’s changed in the 2018 and 2020 elections.

So, how accurate are the betting odds? They change daily (and even hourly) based on peoples’ perceptions of who will win the election. The odds are volatile right now as each national and international event, and most importantly the government’s response to Coronavirus, affect the public’s perceptions of each candidate.

2020 Election Key Dates

Many of the key election dates are set months or years in advance. The calendar is in flux due to the effect of COVID-19 on large gatherings or in-person voting.

Several states postponed their Democratic primaries due to stay-at-home restrictions. Also, the primaries are now less influential because Vice President Joe Biden is the presumptive nominee for the Democratic Party.

Here are some of the key dates that could affect polling numbers for the 2020 US Presidential election:

• June 2 The last major multi-state primary day (Delaware, Indiana, Maryland, Montana, New Mexico, Pennsylvania, Rhode Island, South Dakota, and Washington, D.C.)
• August 17-20: Democratic National Convention in Milwaukee, Wisconsin (Delayed from the original dates of July 13-16)
• August 24-27: Republican National Convention in Charlotte, North Carolina
• September 29: Presidential debate in South Bend, Indiana (The nonpartisan Commission on Presidential Debates sponsors all presidential and vice-presidential debates.)
• October 7: The vice presidential debate in Salt Lake City, Utah
• October 15: Second presidential debate in Ann Arbor, Michigan
• October 22: Third and final presidential debate in Nashville, Tennessee
• November 3: U.S. Presidential Election

Can You Bet On The 2020 Election In The US?

Legal US online sports betting websites do not accept betting on presidential elections or any other political betting. We don’t see this situation changing before the 2020 election.

Although some events during April 2020 led election betters to believe this could be changing.

West Virginia Election Betting

The West Virginia Lottery briefly approved three sports betting companies to open election betting. With sports betting down and casinos closed due to the Coronavirus, the sports betting companies sought different avenues for revenue.

Governor Jim Justice quickly rescinded this approval. Election betting is illegal in West Virginia.

Looking for more sports betting odds? Check out our Super Bowl Odds, World Series, Stanley Cup, and NBA Finals.

FAQs – U.S. Presidential Election Betting And Odds

The most common prop bet is simply who will win the election. It is also possible to wager on other results of the 2020 election. The political betting market includes who will win the popular vote, who will win the Electoral college, or who will control the U.S. House of Representatives.

No, due to restrictive regulations against political and election betting, sportsbooks won’t take an election bet. When Nevada state set the regulations for sports betting in 1985, they restricted betting to professional sports. Over the years, Nevada loosened the rules to include college sports and the Olympics. Despite that, the state still does not allow for election betting. There is still talk of Vegas presidential odds, though. Some of the top oddsmakers in Vegas are offering their predictions. They are posting lines, just like they would for other non-sports events, like the Oscars. Although they are prohibited from taking bets, it’s more of a marketing gimmick, for entertainment purposes only.

Peoples’ perceptions of the likelihood of an outcome affect the percentages daily, and even hourly. News and current events affect peoples’ perceptions, particularly in a volatile and ever-changing news cycle.

In the past, endorsements were a key indicator of the eventual nominee and election winner. The 2016 election, though, ended that trend. That said, endorsements can indicate how an elected official will turn out the vote in their jurisdiction. (FiveThirtyEight?)

Usa Online Casinos For Election Bets Today

Polling data can provide a good indicator of the likely outcome of an election. These are, of course, polls and not results and should be taken with a grain of salt. The 2016 election resulted in some of the most traditionally reliable polls being totally off base. Some of the most well-respected polls for US election monitoring are RealClear Politics and FiveThirtyEight.

The odds markets continue to take into consideration unlikely candidates. For now, this still includes Senator Bernie Sanders but also includes the odds of candidates like Secretary of State Hillary Clinton, Vice President Mike Pence, or Governor Andrew Cuomo becoming president – all long-shot candidates.

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The world’s third-most populous nation happens to be the most popular political betting market on the web. The top political betting sites in the industry all offer an array of betting options when it comes to American politics. Betting on the outcome of a presidential election may be the most popular way to wager on US politics, and the market for it has exploded over the past few years.

Usa Online Casinos For Election Bets 2020

The increased interest in US political betting coincides with Donald Trump’s shocking upset of Hillary Clinton in the 2016 presidential election. Most US politics betting sites had Clinton as a heavy minus-money favorite to win the presidency, but Trump managed to pull off a narrow victory thanks to favorable results in a number of key swing states.

Trump’s unexpected triumph proved that there is still value to be found in political betting odds. The 2016 election has also led to a number of sites deciding to increase their political betting coverage. In addition to presidential election odds, US politics betting sites will now constantly update props on a variety of other races, including congressional elections and presidential primaries.