• Vegas Odds On 2020 Presidential Race
• Vegas Odds For 2020 Presidential Race
• What Are The Vegas Odds For President
• Las Vegas Odds 2020 Presidential Race
• European Betting Odds 2020 Presidential Election

2020 US Presidential Election Recap

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. President Trump’s odds to win the 2020 presidential election have ranged for months between +120 and +130. Coming off his all-time high in early January, Donald Trump currently has a 57.45 percent probability to win the presidency according to the Las Vegas oddsmakers.

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

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

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.

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.

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?

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.

November 4 Update: The 2020 Presidential election boiled down to Trump vs. Biden, and with several states still counting their ballots, you can wager on the outcomes in those states at the best online Vegas election betting sites. Right now, it seems clear that Biden will likely win the White House, but if you think The Donald can pull off the upset, you'll get incredible payouts on his chances over the next few days.

For the 2020 Presidential election, the public has been subjected to a larger field of candidates than ever before. With Donald Trump running for re-election, the GOP side hasn’t seen much competition, with only three challengers emerging in the entire election cycle. However, the Democrat side – in its bid to unseat Trump – had nearly 30 candidates enter the fray.

After Super Tuesday saw several of the remaining hopefuls throw in the towel, that number is down to just one: Joe Biden.

Of course, even though Vegas political betting odds are a marketing gimmick in Sin City (the Nevada Gaming Control Board doesn’t allow election wagering), they’re still based on real data, and offshore sportsbooks use these numbers as guidelines to set their own lines. So if you think you know which of these candidates is going to win the 2020 Presidential election, sign up and get your bets in now!

Coronavirus Update: Vegas election odds affected by the Coronavirus have been volatile, to say the least. President Trump has seen his odds move daily due to the spread of the virus and his regular task force press conferences. Now that the conferences are a regular occurrence sportsbooks are offering odds for Trump's press conferences. However, Trump is not the only one whose odds have been adjusted, as other candidates have also seen their betting lines move due to the pandemic.

Vegas Odds On 2020 Presidential Race

2020 Republican Nominee

Donald Trump

45^th President of the United States of America (2017-present)

Donald Trump is the current president of the United States and is running for re-election in 2020. He is the current favorite to win the 2020 Presidential election, and he’s a lock to earn the Republican nomination (which is why you won’t find any Vegas GOP odds for the primaries during this election cycle). Trump catapulted to the highest office in the land without any prior political experience, relying on his storied career as a real estate mogul and reality television star to guide his decision making. Below you will find the current election odds for Donald Trump.

Vegas Odds For 2020 Presidential Race

Trump Coronavirus Update:

The US coronavirus scare has shaken the stock market, leading to modern era lows. As the market is Trump's chief strength heading into his re-election effort, his current odds are at their lowest level since he was elected President in 2016. A week ago, he was comfortably ahead of Biden head-to-head, but they're now even. Trump's GOP nomination odds are also way down, dropping from -5000 days ago to just -1600 (though he's still comfortably ahead of everyone else on the Republican odds boards).

• Odds To Win Presidential Election TBA

2020 Democratic Nominee

Joe Biden

Former Delaware Senator (1973-2009), Former Vice President of the United States of America (2009-2017)

After serving as a US Senator for the state of Delaware for over 36 years, Joe Biden became the Vice President of the United States and served alongside President Barrack Obama for both of his terms in office. After a four-year absence from politics, Biden has returned as a presidential candidate for the Democratic Party in 2020, where he is the current DNC favorite according to the democratic election odds. Right now, the Vegas odds indicate that Biden is America’s choice on the left to face off against Donald Trump. Below you will find Joe Biden's current odds leading up to the 2020 Presidential election.

Biden Coronavirus Update:

The coronavirus impact on Joe Biden's chances to be President has been marked, as he's now neck-and-neck with The Donald. His odds to win the DNC nomination are also far higher than all other candidates or potential candidates, and barring a beatdown from Bernie in the March 15 debate, Biden is likely to easily win the majority of the delegates and punch his ticket to the general election. The WuFlu has been even more valuable to Biden than Pete Buttigieg's and Amy Klobuchar's endorsements before Super Tuesday.

• Odds To Win Presidential Election TBA

Top-Rated Online Sportsbooks For Betting On The 2020 Presidential Candidates

Independent Candidates

Kayne West

Musician, Entertainer, Business Owner

What Are The Vegas Odds For President

Kayne announced his ambition to run for President of the United States via Twitter. After initially supporting Donald Trump, Kayne turned his back on the current president by tweeting, 'My eyes are now wide open and now realize I've been used to spread messages I don't believe in. I am distancing myself from politics and completely focusing on being creative !!!' He also sat down with various media sources and said he was taking off the red hat. Once Yeezy (Kayne) announced his bid for Presidency, election odds for Kayne West shot up the polls like one of his numerous hits.

• Odds To Win Presidential Election TBA

Potential Candidates

Mark Cuban

Businessman, Investor, Owner of Dallas Mavericks

Despite no political experience, Mark Cuban has been teasing a political run for a number of years now. Cuban has had great success in business and is now worth an estimated $4.3 billion, according to Forbes Magazine. Even with the funds to run for office, there has not been much indication that he is eyeing a 2020 Presidential campaign, or if he would run Republican, Third-Party, or Independent. Nevertheless, sportsbooks have released odds for Mark Cuban to win the presidency.

• Odds To Win Presidential Election TBA

Andrew Cuomo

56th Governor of New York State

Andrew Cuomo's ratings are soaring in New York after polling very low for the last several years, in large part due to his presence on television there (and nationally) during the coronavirus outbreak. He has used his airtime to consistently bash President Trump, and though he has denied any interest in running for President in 2020, legal election betting sites have Andrew Cuomo odds trending second behind Biden on the Democratic candidate boards and third behind Trump and Biden to win the presidency in the November general.

• Odds To Win Presidential Election TBA

Types Of Betting Lines For Election Outcomes

Sportsbooks are always looking for new angles to present attractive or interesting betting lines that will entice potential political bettors into wagering on upcoming elections. Here are some of the basic bets that you will typically see during an election cycle:

Las Vegas Odds 2020 Presidential Race

• Who Will Win the Presidential Election?
• Who Will Be The Democratic Candidate In The Presidential Election?
• Who Will Be The Republican Candidate In The Presidential Election?
• Which Party Will Win The Presidential Election?
• Who Will The Republican/Democratic Nominee Choose As Their Running Mate?
• Who Will Be The Next Candidate To Withdraw From The Race?
• State Primary Winners
• Debate Props

These reflect the most common betting lines that you will see at any online sportsbook, but oddsmakers are always looking for fresh and exciting ways to offer odds, so new categories are created often.

As a rule, the above wager scenarios fall under the normal classifications of sports bets, including straight moneyline wagers, spread bets, totals bets, props, specials, and futures. All of these wager types give eager political betting fans tons of chances to win big, and Vegas election odds promise to trend for the foreseeable future.

Current Vegas Election Odds for 2020 Presidential Candidates

The latest posted odds for Presidential hopefuls have Donald Trump favored to win. Trump's odds have remained steady throughout the run-up to the 2020 election, and bookmakers have kept him as the favorite for the entire primary cycle to date.

Just remember: While you’ll come across lots of Vegas odds on Trump and other candidates online, no Vegas sportsbook is actually allowed to accept such wagers. Instead, they simply release “hypothetical” political betting lines as a marketing tactic to generate business at their sportsbooks. If you want to wager on real election odds, you’ll have to use an offshore sportsbook like one of those listed here.

US Presidential Election 2020 - Odds To Win

• Donald Trump TBA
• Joe Biden TBA

You may have noticed that Hillary Clinton, Michelle Obama, Mike Pence, and Nikki Haley are not currently running for President. Regarding Clinton and Obama, their inclusion is due to the possibility of a brokered Democratic convention where a new candidate could potentially join the fray if nobody wins the majority of delegates. Pence’s and Haley's presences are likely due to the potential for Trump to vacate the office of the President for health or other considerations between now and the 2020 election. These odds for non-candidates also suggest that Weld and Gabbard should exit the race at once.

• Elizabeth Warren
• Michael Bloomberg
• Amy Klobuchar
• Pete Buttigieg
• Tom Steyer
• Deval Patrick
• Andrew Yang
• Michael Bennet
• John Delaney
• Cory Booker
• Marianne Williamson
• Julian Castro
• Kamala Harris
• Steve Bullock
• Joe Sestak
• Wayne Messam
• Robert Francis “Beto” O’Rourke
• Tim Ryan
• Bill de Blasio
• Kirsten Gillibrand
• Seth Moulton
• Jay Inslee
• John Hickenlooper
• Mike Gravel
• Eric Swalwell
• Richard Ojeda
• Bernie Sanders

No. Betting on election results is legal as long as you use a licensed offshore sportsbook operating online. Las Vegas sportsbooks do not offer betting lines for political odds (or any other entertainment odds), and other states that have regulated sports gaming have followed suit.

However, bookmakers still release hypothetical Vegas odds on elections, and offshore sportsbooks often use these as preliminary guidelines when setting their own real-money election betting odds. Ironically, the only way to legally bet on Vegas election odds is to do so at non-Vegas offshore sportsbooks!

Vegas odds on the Presidential election are what gamblers look for when they want to place wagers on Presidential campaigns and political odds in general. However, the term – though common – is a total misnomer, as Nevada does not allow political betting (and never has). So, when bettors search for Vegas election odds, their only safe, legal way to wager on such lines is to use offshore betting sites. Politics is nothing if not a series of loopholes and workarounds, right? Fortunately, betting on politics at online sportsbooks is quick, easy, and totally transparent.

European Betting Odds 2020 Presidential Election

Donald J. Trump is the favorite to win the 2020 Presidential election and is currently holding steady at odds of -160 or so. That means that a wager of $160 will earn a payout of $100 if Trump wins. He’s been favored by as little as -105 during this cycle, but since the Democratic field has narrowed, his odds have gone up. Can you imagine a Trump-Biden debate? The political props for that calamity would be incredible!

Since Vegas oddsmakers do not offer betting lines on “entertainment” events (which is, perhaps fittingly, the category that political betting falls under at most sportsbooks), your only option for betting on politics is to place wagers with one of our recommended offshore sportsbooks.

US citizens will vote for the next President of the United States on Tuesday, November 3, 2020. The winner of the election will be inaugurated and assume office on Wednesday, January 20, 2021.

Maybe? Officially, Hillary Clinton is not currently running for President in the 2020 election cycle. Many sportsbooks have included her amongst the candidates in their election odds because there is the potential for a brokered Democratic National Convention. If that occurs, it would leave the door open for Clinton to be introduced as a nominee, if she wants to face The Donald in a rematch. The odds of this happening are unlikely, but you can still bet on them!