This November, voters across the United States will vote in the 2022 midterm election cycle and determine which political party will hold the majority in both Congressional bodies.
Political betting sites have posted odds that favor an outcome where the Republican Party gains a majority stronghold in both the US House and US Senate in what is projecting to be a red rebound in advance of the 2024 Presidential Election cycle.
The following political election odds are provided by Bovada and are an example of the dominant November that the GOP is expected to turn in.
2022 Midterm Election Odds: US Senate
- Republican -325
- Democratic +215
2022 Midterm Election Odds: US House
- Republican -550
- Democratic +320
While the above two political prop bets are by no means a certain indicator of how events will unfold this fall, election odds have proven largely accurate as most gamblers wager with their minds and not with their hearts.
The moneyline odds that are offered at election betting sites shift based on how the public is laying the action, but this includes international customers and is not made up entirely of people who will be dropping votes into ballot boxes.
The following election props from BetOnline are even more certain in regard to a GOP Congressional sweep in November.
2022 US House Election Odds
- Republicans -600
- Democrats +350
2022 US Senate Election Odds
- Republicans -400
- Democrats +250
Although still listed with a positive moneyline, Donald Trump’s odds to win in 2024 are well ahead of the current pack of potential contenders. He’s 225 points in front of current President Joe Biden, and in second place is fellow Republican Don DeSantis.
US Presidential Election 2024 – Odds To Win
- Donald Trump Sr. +275
- Ron DeSantis +450
- Joe Biden +500
- Kamala Harris +800
- Mike Pence +1600
- Nikki Haley +1800
- Pete Buttigieg +2200
- Michelle Obama +2500
- Elizabeth Warren +3300
Once the GOP decides who they want to back in 2024, it can be assumed that the betting odds will galvanize behind either Republican candidate and perhaps the moneyline odds for the favorite could dip into the negative.
With that in mind, betting on Trump at this juncture is almost like stealing money. The catch is that payouts will have to wait until the 2024 Presidential Election results are officially certified, so be mindful of the timeline involved when laying some action on Trump odds.
Democrats may be hopeful that eventually some form of criminal charges will stick to Donald Trump and disqualify him from any further attempts at running for office.
Political indictment odds are also very certain about Trump’s good legal standing come New Year’s Day 2024, placing him well in line for another successful shot at the White House.
Will Donald Trump Be Indicted Before 2023?
- No -400
- Yes +250
Unless the Russia Ukraine crisis is settled favorably, and soon, it is hard to envision a scenario where Biden and the Democratic Party’s odds improve.
Gamblers that believe the red rebound is hot air are encouraged to wager on the above election odds for 2-to-1 net payouts nearly across the board. Good luck!
Bovada, BetOnline, The Wall Street Journal