Political Betting Guide
Betting on political election outcomes has always been prevalent around the world, especially in the US, long before polling was available. Political betting was the first indicator of the market since there were no scientific polls and it increased public engagement in relation to the elections.
Over a hundred years ago, betting on politics was as popular as the Super Bowl is today. Patrons would gather at taverns or within town squares for betting on Presidential candidates in hopes of earning a large cash payout.
Today political wagering is still as popular as ever and there are multiple legal avenues for participating. With the legal betting market in the US expanding, additional forms of betting are surfacing, including betting on political events and elections. Presidential election betting odds and lines have become prevalent at many reputable and popular sportsbooks, and political prop bets are enjoyed by political enthusiasts from all backgrounds.
Is it Legal to Bet on Politics?
Nothing is illegal about betting on politics specifically at state-regulated or offshore sportsbooks. However, each state and offshore sportsbook applies different policies concerning what types of betting action they offer. Political wagering is most commonly found at the offshore online sportsbooks that accept US players, including the ones we recommend on this page.
Political betting is considered a niche option of sports gambling and may not yet be easily found at domestically operated sportsbooks. Nonetheless, the US has no laws against sports gambling.
Best Sportsbooks for Betting on Politics
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Legal Betting on the 2020 US Presidential Election
2020 Presidential election betting is considered a hot topic in the United States political betting market due to the closeness of the upcoming election. Presidential betting markets should be watched as political betting odds are subject to change with the flow of information and change with the confidence of each Presidential candidate winning either their party nomination or the election. Numerous political betting sites will be offering presidential betting lines and election betting odds.
Who is Running for President In the US?
In the current 2020 election cycle, nearly 30 Democratic candidates faced off to win the DNC nomination in a bid to face incumbent Republican President Donald Trump. President Trump currently had only one challenger within his party for the Republican nomination, former Governor of Massachusetts Bill Weld.
To bet on any of the remaining candidates to win their party's nomination, you can sign up for free at any reputable offshore sportsbook. Below, we take a look at each party's running candidates.
Odds for Who will win the 2020 Democratic Nomination
Political betting markets have been doing brisk business with their Democratic nomination odds. These 2020 US Presidential betting odds have significantly changed throughout the course of the Democratic primary debates and state-by-state elections. Now that Joe Biden is the only candidate left standing several other possible candidates have emerged as betting prospects.
Democratic Candidates Currently Running:
- Joe Biden
Odds for Who Will win the Republican Nomination
At this time, President Donald Trump is favored to win the Republican party nomination for the 2020 election. Nonetheless, the sitting President had one (barely) active party challenger: Bill Weld. Now that Weld has dropped out Trump is a sure thing to win the nomination, however, odds are available for other possible candidates barring something drastic.
Republican Candidates Currently Running:
- Donald Trump (Incumbent)
Potential Republican Candidates Include:
- Mike Pence
- Nikki Haley
- John Kasich
- Mitt Romney
- Ben Sasse
- Paul Ryan
Odds for Who will win the 2020 Presidential Election
At this time, oddsmakers have established several odds for running Republican and Democratic candidates as well as suspected candidates who may enter the 2020 race. Suspected candidates for winning the overall 2020 Presidential election can include obscure individuals based on which sportsbook you decide to place a wager with.
Odds and betting lines on this page are provided by Bovada.
Candidates With Betting Lines and Odds:
Odds To Impeach Donald Trump From Office
Though the Democrat House actually impeached Trump (December 2019-February 2020), odds for whether or not the President will be impeached again will probably be up soon. If Trump wins reelection and the House remains in Democratic control, you can expect The Donald to face down one or two more impeachment "scandals."
For Trump to get impeached again, he will need to win his reelection in 2020. Right now, he is a heavy underdog to DNC candidate Joe Biden. Odds for Donald Trump to be impeached again will not appear until after his reelection. If they do appear, bettors can be certain that the odds will be incredibly favorable for it to happen again.
Political Prop Bets
Political prop bets often encompass minor events during an election cycle, debates, rallies, town halls, or speeches. Prop bets can also cover unplanned current events, including scandals that take place during the campaign season.
Typical prop bets would touch on subjects discussed, policy changes, outfits worn, and whether or not the events discuss the current administration. Prop bets are usually available just before a particular event occurs, such as debate prop bets being available to wager on just weeks before the start of the Democratic debates.
An example of a political prop is included below, but you can find all the current election props at the link above.
US Presidential Election 2020 - Winning Party
- Democratic Party -185
- Republican Party +140
Debate Prop Bets
Sportsbooks will often offer Democratic debate prop bets which cover betting lines on how many times the incumbent President will be mentioned during the debates, how many times the President will tweet during the debates, whether someone will mispronounce another candidate’s name (and how many times this will occur), which candidate will speak the most during the debates, what topic will first be brought up by a debate moderator, and so on.
- For a complete list of all the Democratic debate prop bets, visit our in-depth overview of all the debate betting options for the upcoming event.
Political Futures Bets
Not all political betting lines must be timely with the event they are associated with. Several political betting odds are available well in advance of certain elections such as the 2020 US elections and international Presidential elections. Political bets can be made on mobile through these sportsbooks at any time.
Other Global Political Betting Options
Political betting markets and wagering are not exclusive to the United States and its political market. Prominent online sportsbooks often cover politics on a global scale, offering odds and betting lines for elections and political events in multiple countries.
Political betting lines have been listed for Brazil regarding if Jair Bolsonaro will complete his first Presidential term. The UK often has political betting lines available for policies regarding Brexit and the Prime Minister. Other political betting odds can touch on Indian, Philippine, and French elections Below you will find the current international betting odds for politics.
Brazilian Political Betting Lines:
- Will Jair Bolsonaro Complete His First Presidential Term?