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How To Legally Bet On Current Events

Current events betting
  • Gas Price Betting Odds: $6 Over/Under For July 4th
  • California Leads Betting Odds For Highest Gas Prices
  • Dolly Parton Tops Odds For Betting On Rock & Roll Hall Of Fame

No matter what time of year it is, there’s always something current to bet on. Learn how to legally bet on current events like commodities markets, Black Friday betting, Timer Person of the Year odds, and anything else that commands the attention of the public at large.

While odds on current events can involve literally anything occurring soon, lines tend to focus on betting on the prices of different types of commodities, markets, the chances of two countries going to war, and more. While entertainment betting may encompass the majority of current event odds, the spectrum can expand to anything occurring in the present.

Is Current Events Betting Legal?

Yes. No matter where readers are standing inside of the United States, there is some form of venue for legal sports betting that will allow for gambling on current events. Because domestic sports betting sites focus on major athletics and don’t offer entertainment lines, the top option for gambling on current event odds is with an offshore sportsbook.

The sports betting sites in the table below operate from within legal international gaming jurisdictions and are able to service 18 and over gamblers in the USA over the web without violating any existing gambling laws. That’s because there aren’t any, and between the overseas gambling sites that populate our list of legal online sportsbook reviews, all states are covered.

Best Sites To Bet on 2022 Current Events

 Site NameCurrent BonusU.S.Visit Site
Top Rated #1 IconBovada Sportsbook50% Max $1,000USA Players Legally AcceptedVisit Site
Review
2MyBookie Sportsbook50% Max $1,000USA Players Legally AcceptedVisit Site
Review
3Betonline Sportsbook50% Max $1,000USA Players Legally AcceptedVisit Site
Review
4BetUS125% Max $3,125USA Players Legally AcceptedVisit Site
Review
5xbet logo100% Max $500USA Players Legally AcceptedVisit Site
Review
6sports betting logo50% Max $1,000USA Players Legally AcceptedVisit Site
Review

Betting On Current Events: What Is it?

Odds for current events entail betting lines on any outcome that is expected to occur today or in the near future by a person or nation’s actions. These lines are mostly contained within the sphere of entertainment betting and can include prop bets and futures odds or something so niche like legal celebrity wedding betting odds.

Regardless of who or what is being bet upon, each line will include either a yes or no outcome, an over/under the total, or a list of potential outcomes to choose from.

Each current event betting result will have moneyline odds that will be at least three digits long. The higher the moneylines rise, the less likely that outcome is to occur, and vice versa.

How To Bet On Current Events Online

Because entertainment prop bets aren’t offered via domestic venues, we recommend utilizing the services of one of the current event sports betting sites listed in the table above.

Betting at an online sportsbook offers numerous ways to bet on celebrity births, celebrity boxing events, and other current event odds. Each current event betting site requires a membership which can be completed in a few minutes. Click on the join or sign-up icon located atop most pages at the online sports betting site and then fill out the form to create an account profile.

Once complete, make your first deposit. Cryptocurrency is preferred for expedience and security, but several USD varieties are also accepted. Once sports betting accounts are funded, navigate to the sportsbook. If a tab or section is labeled for the current event odds you’re interested in, chances are they’ll be located in the entertainment betting section.

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Current Event Betting Types

gas price betting in 2022 current event odds Joe Biden

Bet Gas Prices - Gas Spread Betting

Several global economic factors can shift international markets, but none more so than gas, oil, and petroleum. Oil commodity spread betting has become more popular in recent months due to rising gas prices in the USA.

Gas price betting odds often feature over/under lines for cost per gallon by a certain date. Expanding interest has also caused for additional gas prop bets to be created for which state or region will feature the highest prices, and which car companies will be the first to get an all-electric vehicle to market.

War time betting

Betting On The Odds Of War - Nuclear War Odds

Whenever international tensions heat up, or if a conflict is ongoing, odds on war and the current events surrounding it will popular sports betting sites. Odds of a World War 3 are never nil, and thus, betting on a pending attack have the potential to be in play at all times.

Lines for betting on the odds of a nuclear may seem morbid, and that’s because they are. Even if you win, there may be no stores open to spend your earnings.

image for betting on the 2022 R&R HoF with Eminem and Dolly Parton

Betting On Rock And Roll Hall Of Fame Odds

Regardless of how you feel about the R&R HoF and its induction policy that includes musicians from other genres of music, online gamblers can earn some serious cash by wagering on Rock & Roll Hall of Fame odds for which bands and singers (and rappers) will be a part of the current year's class.

US Economy betting

Economy Sports Betting - Economics Odds

Similar to Black Friday odds, betting on products selling out or items being first to market are just one of many potential economic prop bets. Betting against the economy knows no boundaries when it comes to prop bets, as the subjects can include anything popular enough to make a dent in the worldwide market.

US Economy betting

Commodity Betting

Commodities spread betting refers to wagering on the rise or fall of the value of particular markets such as gas, food, and other natural resources. When it comes to spread betting, commodities often come in the form of yes or no outcomes or thresholds where wagers can be made on the over/under.

Gamblers can bet gas price totals at the end of the day, month, or year, or can wager on an over/under that has a price set in stone.

Alien life betting

Odds On Alien Life And Cryptozoology

What are the odds of alien life? Pretty good when you consider the enormity of the Universe as we know it. What are the odds that Bigfoot exists? Not that great, but wagers can still be placed on entertainment prop bets regarding both cryptozoology as well as alien life, but beware, because there is the potential that they will not payout within your lifetime.

Current Event Betting Apps

mobile bet iconThe latest Apple and Android smartphones and tablets are able access the latest current event betting odds from anywhere in the USA when gamblers use their onboard mobile browser to click on any of the links included within this page.

That’s because these mobile sportsbooks operate without the need for a download, and because they are web-based, all of the odds and features on the desktop site are ported to iPhones, iPads, and other popular handheld devices quickly and legally inside the United States.

Live Betting On Current Events

Prop bets can be wagered on until a conclusion is reached. This qualifies current event betting is live odds, but the term is typically applied to game lines for major sports that include the point spread, moneyline, and over/under.

While these live current event betting lines have the potential to remain active until a winner emerges, online sportsbooks can and will remove them from the boards at the time of their choosing. If you believe that the contest will end soon, place your bets immediately.

Bonus Cash Betting Offers

Sportsbook promo codes are a nice perk that the venues that populate our list of online sports betting site reviews offer to new and existing members. They match a portion of deposit totals and add it the member’s bankroll for use at the sportsbook.

Ensure that all terms of the sports betting bonus offer can be met prior to accepting because it can affect the timeliness of payouts. Accepting a sportsbook bonus is not a condition of membership, so it is entirely up to each depositor.

Expired Current Event Betting Odds

Black Friday deals

Black Friday Betting

The evening of Thanksgiving begets the initial mad rush of the holiday shopping season. Although it is still referred to as “Black Friday,” the shopping now begins on Thursday afternoon as retail stores open their doors in hopes of enticing customers to empty out their shelves with special discounts and doorbusters.

Betting odds for whether the season’s hottest toys will sell out have become popular, but with the 2021 shipping delays due to worker shortages, there’s also lines for political betting asking whether President Biden will have to intervene by deploying the National Guard.

Time POTY betting odds

Time Person Of The Year Odds

Each year, magazines, newspapers, and other media outlets fill their cover pages with their persons of the year for a variety of categories. Currently, Time Magazine POTY odds are the most prominent, but we anticipate lines betting on People Magazine’s Sexiest Man Alive, and other popular superlatives, soon.

Entertainment