Almost immediately following the result of the 2016 election, Americans from both sides of the political spectrum began looking towards the 2020 presidential betting odds. The likelihood that Donald Trump was named president took many by surprise and his second campaign to win reelection has opened the door for many challengers. As of now, there are 21 official candidates in the 2020 presidential race. The candidates range in experience levels. Some have a background mostly in the public sector while others are long-time leaders in the private sector. Our political bios go in more detail, but the truth of the matter is that with more candidates come more chances to place a wager.

1. Vegas Insider 2020 Presidential Election Odds
2. Current Vegas Presidential Odds 2020
3. 2020 Vegas Presidential Odds 2020
4. 2020 Las Vegas Presidential Odds
5. 2020 Vegas Presidential Odds

For example, at +575, Donald Trump’s implied probability to win the 2020 election would be 14.81 percent and Joe Biden at -1100 odds would be 91.67 percent. Trump had -180 odds, or 64.29 percent implied probability, to win the election during the last week of February.

Unfortunately, 2020 presidential betting odds will likely not be featured at any land-based sportsbook in the U.S. The fear of tampering or other interference is enough to scare away state regulators from giving bettors the chance to cash in on their favorite candidate. However, online offshore sportsbooks aren’t affected by American politics or by state and federal laws. They can view the race from a truly outside perspective to ensure that you get fair lines and comprehensive wagering opportunities. There are also no laws that prevent you from using these online offshore sportsbooks to bet on elections. We’ll go over the legality of these sites as well as recommend your top options. But first, we’ll give you a list of all the candidates in the race right now:

1. Joe Biden is the favorite to win the 2020 US election with the sportsbooks, his odds currently sit at -188 (8/15), which implies he’s got a 65.2% chance of winning the election. If you are new to online betting, this means if you were to place a $100 wager on Joe Biden winning the election you would be set to win $153 ($53 profit).
2. Trump vs Biden – Odds of Winning the 2020 Election. The Vegas odds of Trump winning in November are not available anywhere on US soil. However, not only are they available offshore, but it seems that every offshore sportsbook has this market in its offer. BetOnline.ag, Bovada, BetUS – all of them offer odds for Trump vs Biden.

Entering election day, Joe Biden is a mild favorite on most of the online sportsbooks. The online sports betting community seems to trend right wing, and that means that it’s hard to find odds on Donald Trump that accurately reflect his chances at winning. The election odds have changed a fair bit since the COVID-19 pandemic started. It has unarguably been a bad moment for President Trump, who seemed set to cruise to reelection before the pandemic, the protests, and his own bout with COVID-19. In a way, it’s a bit of a miracle he’s still in it. He’s an underdog now, having fallen from being a favorite at around -200 to now sitting around +150. The odds will continue to shift all of election day as wagers come in and sportsbooks try to keep the wagers balanced, so keep an eye on them.

Can I Legally Bet On The 2020 Presidential Election?

Yes, you can legally bet on the 2020 presidential election but only through certain methods. Those involved in the race obviously can’t bet on the outcome. But, for those interested in politics and want to gamble on the fate of the candidates running, there are online offshore sportsbooks that will have odds for you. While domestic sportsbooks are starting to gain popularity across the nation, they more than won’t offer odds for the 2020 presidential election. New Jersey so far has been the only state to offer odds other than those that are directly related sports, when they listed odds for the 2019 Academy Awards.

But they cannot offer odds on the elections. However, whether or not U.S.-based operators release political betting lines, it won’t affect the legality of using an online offshore betting site. The ones we recommend operate outside of both state and federal jurisdictions. To add to that, there are no federal or state laws that prevent you from using these sites to bet on the elections. This is why every four-years Americans, feel safe in betting on the presidential election.

Top Online Sportsbooks That Accept Wagers On the Presidential Election

The US presidential election is not just something that Americans pay attention to, but rather those from around the world tune in to watch the race. This includes overseas bookmakers who regularly update odds as candidates either drop out of the race or do something to invoke new betting lines. While there are plenty off online offshore betting sites like this, not all of them are built the same. That’s why we’ve taken the liberty of exploring the industry and hand selecting only the two best sites that are guaranteed to provide presidential betting odds and do so in a fast, easy, and safe manner.

Bovada - Political Betting Odds On Every Candidate

Bovada has undoubtedly set itself apart from the rest of the online betting industry just in terms of the sheer number of bets they offer. This most certainly includes 2020 presidential betting odds. Every four years you can be sure to find betting lines for not just the last two candidates remaining, but also for the top primary candidates in each political party. What makes this site even more lucrative for those new to this type of wagering is that, because those lines are located within the sports betting section of their website, you can use the site's sportsbook Welcome Bonus to place your bet on the 2020 presidential election. This includes a 50% bonus worth up to $250. Finding the sites promotional offerings as well as finding the latest odds are a breeze because of the way the site is laid out. Just log on once and you’ll see that even though voting for a candidate may be a difficult task, betting on them is easier than ever before through Bovada.

SportsBetting - Bet On 2020 Presidential Odds With Crypto

While you may not be able to guess it through the site’s name, SportsBetting actually has some of the best 2020 presidential betting odds of any sportsbook on the web. SportsBetting makes placing a wager on a political candidate as easy as making a prop bet on a certain athlete. This is mostly because of the fact that they have so many deposit options for their users. While you may not like your options for president, you’ll at least have plenty of ways to get some money into your account. Not only can you use traditional methods such as debit cards, checks, and bank wire transfers, but you can even use cryptocurrencies such as Bitcoin. After the election is through you also won’t have to wait very long to receive your winnings. With a 48 hour or less payout time, you can be sure that you’re receiving your funds as fast or faster than any of SportsBetting’s competitors. As more candidates either announce their candidacy or drop out of the race, be sure to check SportsBetting for all the latest and most up to date 2020 presidential betting odds.

Top Online Sportsbooks That Accept Wagers On the Presidential Election

The US presidential election is not just something that Americans pay attention to, but rather those from around the world tune in to watch the race. This includes overseas bookmakers who regularly update odds as candidates either drop out of the race or do something to invoke new betting lines. While there are plenty off online offshore betting sites like this, not all of them are built the same. That’s why we’ve taken the liberty of exploring the industry and hand selecting only the two best sites that are guaranteed to provide presidential betting odds and do so in a fast, easy, and safe manner.

2020 US Presidential Election Recap

The 2020 US Presidential Election Season is in the rear-view mirror and while it took more time than necessary for the dust to settle, Joe Biden finally officially made Donald Trump the 11th one-term President. Despite the lawsuits, the conspiracy theories and investigations, Donald Trump, who has yet to concede, and many of the 75 million that voted for him may still never accept the Election results.

The Electoral College has spoken, the swearing-in ceremonies are complete and the work to undo the damage that Donald Trump inflicted on his own Nation is underway.

Joe Biden can thank the African American turnout, the US Urban Centers, a huge number of mail-in votes and an unprecedented overall voter turnout for his big win. Trump predictably got a big swath of the vote from rural America. It remains unclear if those trends will follow us into the next Election Betting cycle or if the Donald Trump factor was a once-in-a-lifetime phenomenon.

Bettors were engaged in unprecedented fashion in 2020. Offshore sportsbooks reported a major uptick in US Election Betting from the 2016 campaign. One major British site saw a 150% increase in overall bets from 2016 with a few brave souls wagering $1 million plus on the outcome.

2016 set the standard as far as US Election popularity and 2020 blew that standard away. Now we look to the 2022 Mid-terms and the 2024 Presidential Campaign for our US Politics Betting fix. And it seems as though the Campaigns have started already.

As we look forward to the next Presidential Election cycle in 2024 – odds have already been set on who will be the Democratic and Republican Nominees. We will be there with all key political gambling markets to consider, the sites with the best and most varied betting odds on politics, betting strategies to help you succeed, and much more as we put a lid on this current Campaign and look toward the next one.

Political Odds & Betting News

US Presidential Election Betting Odds

Betting on politics dates back hundreds of years. As King Edward VI of England lay dying in 1553, merchants in Antwerp were busy wagering on the disputed succession. Bookmakers in London were offering 4/1 (+400) on King George II dying on the battlefields of Dettingen after a foolhardy decision to wage war on the French in 1743. In the late 19^th century, a thriving betting market on presidential elections sprung up on Wall Street.
Europe has always been the spiritual home of political betting, but it is now soaring in popularity in America. Each presidential election sets a new record in sportsbook handle, and there is serious money up for grabs if you can call it correctly.
Donald Trump was initially assigned odds of 500/1 (+50000) to win the 2016 election. That dropped to 25/1 (+2500) by the time he announced his campaign in August 2015. The odds on him emerging victorious continued to dwindle in the buildup to the election, but Hillary Clinton remained the heavy favorite, only for Trump to pull off a stunning upset. Some bettors won more than $1 million by betting on him.

On the other side of the Atlantic, bettors have recently made their fortunes by correctly predicting that Scotland would not leave the UK, Britain would leave the EU and the Conservatives would beat Labour in 2015. Betting on elections in countries like Australia, New Zealand, and Sweden is also popular.

The 2020 US presidential battle became the biggest political betting event in history. Donald Trump was perhaps the most polarizing figure ever to run for political office. His bombast and intense divisiveness were a benefit in 2016 but proved to be a detriment in 2020. We saw him start out as the favorite when the official 2020 campaign season kicked off but those odds dwindled as COVID-19 worsened and Democrats rallied to defeat the embattled President.

We now look forward to the 2024 US Election and oddsmakers have already stated compiling odds for who will be the combatants for what promises to be another political slugfest. Joe Biden, the current President will be 82 years old when that campaign comes around. There are questions about his ability and even desire to bid for another 4 years in office.

There will be more opportunities for bettors to weigh in on a host of topics, from the winner of the Presidency, to the winner of the Senate to the always-fun prop bets that became an enormous part of this political betting season. Sportsbooks will undoubtedly be covering races in other countries around the world as well.

Who will seize the opportunity will in 2024? Will there be any betting opportunities similar to the ones we saw in 2020 like President Donald Trump opening Area 51 to the public before his first term in office ends?

US Presidential Election Prop Bets

US Election Prop Bets continue to be a popular way for not only political junkies but pop-culture aficionados to get a little skin in the game.

The Presidential Debates were probably the highlight of the prop betting season. In true US Political fashion, Prop Betting season has dragged on past November 3 and is continuing even today. Prior to the 2020 vote, you could bet on Voter Turnout in the U.S Presidential Election, the percentage of Americans that would turn out and vote, Majority Control of the U.S. Senate, if Donald would get kicked off Twitter and whether or not Trump would lose every state he lost in 2016 – just to name a few.

Many sportsbooks offered odds on which candidate would carry each of the 50 states. For example, the Republicans were heavy favorites in Alabama, and the Democrats were heavy favorites in California, but it was tight in Wisconsin. You could also find prop bet options on all manner of weird and wonderful markets. There were Trump impeachment odds, and betting options on which Candidate would drop out first.

Nowadays you can bet on whether or not Joe Biden will be impeached, what year Kamala Harris will become President and whether Biden will complete his first term.

Election Prop Betting brought a little fun to what was an intense Election Season and will likely continue to be a big part of any Election campaign going forward.

Trump: +150 Biden-200

Trump: +150 Biden -180

Trump: +172 Biden -204

House and Senate Winner Odds

Vegas Insider 2020 Presidential Election Odds

Control of the US House of Representatives and the US Senate became a huge part of the 2020 US Election season and will provide huge US Election Betting opportunities in less than two years. In 2020, Republicans actually picked up seats in the House but shockingly lost their long-established control of the Senate thanks to two defeats in ruby-red Georgia.

Elections have consequences and 2020’s were that Republicans’ loyalty to Donald Trump cost them control of all three branches of Government, giving Joe Biden and the Democrats a virtual rubber-stamp for any policy they want to pass.

For the Best odds on the presidential Election Visit 5Dimes.

Where to Bet on Politics

If you want to bet on politics, you need to find a trustworthy, reputable betting site that will pay you any winnings promptly. SBR has reviewed more than 1,000 sportsbooks, allowing us to identify the very best in the business. Check out our list of top sportsbooks to browse the list of sports betting sites that have secured an A+ or A rating. You can wager at any of those sites with confidence. Most offer political betting, and that trend of growing opportunities will only increase thanks to the insanity that we have seen the last 8+ years.

The online sportsbooks cited on this page are all great options. They are well-known betting sites, trustworthy and renowned for paying out on time. They offer a range of compelling sports betting and political betting markets, and some attractive odds and bonuses too.

Presidential Election Betting Tips

Current Vegas Presidential Odds 2020

It helps to pay attention to what is happening in the world when betting on Elections. Donald Trump appeared to be on a path to victory at this time last year with the economy raging and everything seemingly on the upswing in the US. Political scientists have long pointed to the effects of economic performance upon major votes in countries across the globe. A failing economy is often disastrous for the incumbent.

Social unrest and COVID-19 completely changed the economic trajectory of the country and ultimately brought Donald Trump down thanks to his unwillingness or inability to deal with either. It wasn’t his bombast, his lies, or his divisive personality, it was outside factors that made him just one of 11 one-term Presidents.

2020 Vegas Presidential Odds 2020

That said, it seems as though political loyalties are baked into some people’s minds in the US, giving credence to the notion that it doesn’t matter to some what is going on in their country – “once a Republican, always a Republican”. If it were the case of outside forces being the sole determinant of an Election outcome, Mr. Trump would have been absolutely destroyed in November.

You should also never fear backing the underdog. Donald Trump was the underdog right up until the end in 2016 and won. In 2020 he was a huge dog and almost pulled it off.

The outsider often wins and you see headlines screaming that the bookmakers got it wrong. Yet bookmakers are not trying to predict the result of the vote. They are not pollsters. They are simply trying to make money. They will offer the most compelling odds on each candidate that they can muster, based on the volume of bets previously received on each man. Look at policies, ratings and the general mood of the country before looking at the odds. Do not be afraid of prop betting options either. Some are ridiculous, but others can be potential gold mines if you do your research.

2020 Las Vegas Presidential Odds

Alternative Politics Betting Markets

You can bet on political developments taking place in a wide range of countries this year. There are key elections taking place in New Zealand, Poland, Serbia, Belize, Bolivia, Croatia, and many other countries. Sportsbooks are offering lines on the next country to leave the EU, the next country to hold a referendum on leaving the bloc, the next CDU leader in Germany, the year of the next Spanish general election, the next Pope, North and South Korea unifying as a single sovereign state, and much more. Some of these bets are designed for entertainment purposes, but you can make healthy profits if you successfully predict the outcome of political events in many countries.

Is Betting on Politics Legal?

2020 Vegas Presidential Odds

Political betting is perfectly legal. Several US state laws now permit sports betting, and they make provisions for accepting wagers on politics and entertainment too. Betting on politics has been a prominent pursuit in Europe for hundreds of years, and it continues to grow in popularity in America. If you like betting, politics can be your savior amid the lack of sporting action currently on offer. Just make sure you find a safe, reliable sports betting site with a healthy political wagering section, and get involved in the action.