Can You Bet On Us Elections
You can attribute the advent of the internet and the US Supreme Court’s 2018 decision to strike down the federal ban on sports betting to the surge in gambling interest among Americans. However, US politics betting has grown in popularity since Donald Trump’s unforeseen triumph in the 2016 presidential election over the heavily-favored Hillary Clinton. Can You Bet On The 2024 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 2024 election. Although some events during 2020 led election betters to.
Can you bet on the presidential election?
Yes! 2020 presidential odds are widely available at a number of leading online sportsbooks, including the top US political betting sites I recommend to you right here.
The Biden-Trump race is on, and it’s not just Americans who are following the daily campaign updates and polling data. People all around the world are wondering who will be the next president, and many are betting on it.
Betting on US elections is possible at many online gambling sites, not just those on the United States. And betting on the presidential election is actually one of the most popular of all political betting markets.
USA players are naturally the most invested, as it’s a topic that hits close to home. Many people place real money wagers on the candidate they WANT to win, while others dispassionately consider the presidential odds and bet where they think the value lies.
How to bet on the presidential election is ultimately a subjective choice. Where to bet on the presidential election, however, is a more objective decision. There are more than two options, but many can be immediately discounted.
When you’re betting on the presidential election for real money, the first thing you need to make sure of is that you’re using a safe and reputable sportsbook. That’s why I’ve carefully chosen the betting sites I’ve recommended to you below.
The following are the top five online sportsbooks where you can bet on the 2020 US presidential election. And they’re all open to the majority of Americans. If you live outside the USA, check out our rankings of the top political betting sites for some localized recommendations.
BetOnline is easily among the best online gambling sites to bet on the US Presidential election. But it has plenty more to offer than just political betting.
This particular operator focuses on sports betting and also offers casino gaming and a poker room. It’s a great time to get in on the political prop bets, though, especially if you’re new to BetOnline. Bettors can take advantage of a 50% welcome bonus that’s good for up to $1,000. So, you’ve got some extra betting cash to play with, as long as you comply with an X10 rollover.
Another reason why the time is right to back your favorite presidential candidate is that BetOnline has just reduced its deposit fees. Instead of the standard 7.5% attached to Visa, Mastercard, or American Express transfers, it’s 4.5%, at least for the time being.
BetNow – Great Presidential Election Betting Odds
BetNow has its political odds extending beyond a simple candidate prediction. You can pick a winning party or even forecast if the election will still be held on November 3rd.
Like BetOnline, BetNow has a 50% deposit match welcome offer for new players, as well as other upcoming promotions. This particular online gambling site prioritizes sportsbook promotions
So, whether you’re looking to make a political bet and call it a day or you intend to use the service regularly, you’ll find some contest, tournaments, and other appealing promotions.
While BetNow’s website comes across as a bit cluttered to me, the main betting area is one of the most straightforward to use. Scroll to the bottom of the left side menu, click politics, and you’ve got every possibility front and center.
SportsBetting.ag – Range of Political Betting Markets
If you’re into state politics as well as looking for a place to bet on the US presidential election, then you’ll appreciate SportsBetting.ag.
The Politics section in the sportsbook not only allows for the betting on the 2020 presidential race, but it covers the electoral college. You can pick a state and then place a real money wager on whether a Democrat or a Republican will come out ahead in that particular location.
As SportsBetting.ag is a sister site of BetOnline, you’ll have access to a similar menu, as well as the same types of promotions and banking. So, like BetOnline, SportsBetting.ag has reduced its deposit fees, at least for the foreseeable future.
MyBookie is taking its political betting seriously. Not only does this online bookmaker have a long list of presidential election prop bets, but some blog posts to guide you through the process as well.
Instead of “Politics,” you’ll look for USA Election Odds on the left side menu. Once you click for the lines, you’ll see a long list of possibilities appear. MyBookie makes it as easy as possible to participate. You’ll even see a wager cut-off date accompany each of the predictions.
As well as the option to bet on Donald Trump or Joe Biden winning the election, you can get in on popular vote wagering. However, there are other selections, though, including which party will control the US House of Representatives, and party odds for the overall win.
If you’re new to online betting, you may appreciate MyBookie’s website. It’s easy to navigate and understand so, you can have your betting account funded and your bet slip submitted in less than five minutes.
Bovada – Bet on the Presidential Election With Bitcoin
If you’re going to place your bet on the 2020 US Presidential election on Bovada, don’t look to the left.
All of the previous sportsbooks include politics in its left side menu, but Bovada has a politics icon at the top, under the main menu. When it comes to the propositions, you’ll find similar ones as to most of the gambling sites on this list. You can pick a candidate, a party, or even a state outcome.
Funding your new betting account using Bitcoin will get you a great welcome offer that you can use to make your Presidential election pick. Card deposits have 50% bonuses up to $250. However, if you use Bitcoin, you can claim as much as $750.
Bovada’s bonus rollovers are slightly lower than some, as punters just need to turn their deposit and bonus over five times, compared to ten that some online books mandate.
Your party affiliation doesn’t matter, as you can privately bet on the US Presidential election through quite a few online sportsbooks.
If you live in New Jersey, though, BetOnline and BetNow are out of the question, as they don’t accept New Jersey residents. Additionally, BetNow adds Delaware, Hawaii, Nevada, New York, and Pennsylvania to the excluded list.
Aside from those few exceptions, though, virtual sportsbooks have got their political bets and bonus incentives posted. So, if you’re excited to get some real cash in the game, just get online and place your bets.
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Betting on politics is a subject nearly as complex as politics themselves. No doubt, interest in political betting is sharply on the rise as politics increasingly dominate both the broader media landscape and everyday conversations.
These days, election odds and the way people bet on key races is even used by political scientists and pundits in their attempts to predict the outcome of key races and elections.
This guide covers everything you need to know about betting on politics and elections.
Is Betting on Politics Legal in the United States?
Many sportsbooks licensed around the globe offer the opportunity to wager on election outcomes. However, no legal sportsbooks licensed in the United States are currently allowed to offer odds on politics. When it comes to the American market, the election odds you see on SportsBettingDime.com are for entertainment purposes only.
The regulation of all betting-related matters in the US is left up to individual states. In theory, any state could eventually authorize betting on election outcomes or other political developments. That said, it seems unlikely that state regulators will embrace political betting outright. There’s simply no appetite for anything that could call the integrity of elections into question, and antiquated perceptions of gambling are never far from the mind of a certain subsection of politicians and rule-makers.
Political prediction markets work a bit differently than traditional sportsbooks, but they do offer a legal option for Americans wondering how they can bet on politics. Luckily, would-be political bettors in many other countries around the globe are free to wager on the next President or other major political developments directly at their online sportsbook.
Types of Political Betting
There are two main ways to bet on politics: prediction markets and online sportsbooks. Learn more about each of them below.
1. Try Prediction Markets
Prediction markets pose “yes” or “no” questions to traders, such as:
- Will Donald Trump run for President of the United States in 2024?
- Will Tucker Carlson announce his candidacy for President?
- Will Michelle Obama become the first female president in 2024?
Traders buy “yes” or “no” shares related to each proposition. Just like the stock market, the value of these shares shifts with supply and demand. If your predicted outcome happens, the futures market will pay 100 cents on the dollar, and zero if it does not.
Prediction markets have long been allowed in the US, in part for the valuable insights they provide to social scientists. As traders buy and sell shares, researchers gain insight into public perception of candidates and the events surrounding them. People buy shares according to their expectation of what will actually occur, not just what they want to happen. As a result, prediction markets provide real-time insight into how campaigns are performing over time.
2. Betting on Politics at Your Online Sportsbook
Many bettors outside the United States have the option of wagering directly on election outcomes and other political events at their sportsbook of choice.
Political props at the sportsbook look much the same as other props you’ll see related to sports and entertainment.
Here are some common political prop bets you can expect to see:
Odds to Win the 2024 Republican/Democratic Presidential Primary
This prop asks you to select the eventual nominees for either the Republican or Democratic ticket for the 2024 presidential election. It can be advantageous to put your bets in early on this prop, as more options in the field lead to longer odds and a potentially higher payout if you make the right call. Whenever you place your bets, remember that the money you wager will be tied up until the outcome is decided.
Odds to Win the 2024 Presidential Election
As the name suggests, this prop concerns the overall winner of the 2024 election. Most sportsbooks list individual candidates, but may also have spin-off props like:
- Which party will win the 2024 Presidential Election?
- Will a man or woman win the 2024 Presidential Election?
Odds to Win the Popular Vote
How To Bet Us Election
Betting lines on the popular vote typically appear one or two months out from Election Day. Though the popular vote does not determine the actual results of US presidential elections, there is generally a lot of talk surrounding who wins.
Odds to Win a Specific State
The truth of American elections is that some states are far more important than others. Expect to see betting lines as to who will win key swing states start surfacing early on in electoral races. Winning a swing state can make or break a campaign for candidates, so this type of line can be a particularly exciting one to bet on.
Odds on Candidate Antics
Many sportsbooks also offer props on candidates doing certain things; this past cycle, you could find odds on how many times Donald Trump would say certain phrases during the debates.
Get Started with Political Betting
If you’ve never placed a bet before, our betting guides are a great place to get started.
Can You Bet On Us Elections Results
The process is not nearly as intimidating as all the numbers and symbols make it appear, and political betting can be an exciting (and potentially lucrative) way to put your knowledge to the test. Of course, you’ll need to limit yourself to betting at political prediction markets if you live in the United States.
Of course, you’ll want to perform enough research to make an informed wager whenever you put money on the line. There’s no shortage of punditry and opinion out there when it comes to predicting election outcomes, so take the time to carefully filter information and try to cut through the noise.
Naturally, it pays to keep your own political leanings out of things when betting on politics. Bet with your head, not with your heart!