current betting odds on presidential election

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п»їVegas Odds And Betting Lines For The 2020 Presidential Election.
December 31 Update: Donald Trump has yet to concede to Joe Biden in the 2020 Presidential election amid claims of widespread fraud (though most Vegas political sportsbooks have paid out Biden bettors already). However, the biggest event right now is the Georgia Senate runoff on January 5, and all the top online election betting sites are offering odds on the races between Kelly Loeffler ® and Raphael Warnock (D), and David Perdue ® and Jon Ossoff (D).
After a previous unprecedented election cycle that included one of the most jaw-dropping Presidential campaign seasons in history and that has unilaterally redefined politics in America, it would take a lot to shock us at this point. When we recognized the surge in popularity for bettors seeking Vegas election odds and betting lines, we weren’t surprised in the least.
In fact, this is one of the more sensible trends of the 2020 Presidential race that we’ve seen emerge. The American public and the International audiences have all been much more involved with this election than any other in US history. With endless coverage of every minuscule detail of the race, people are feeling more inclined to add some betting action to their politics this year.
This guide is designed to provide additional insight for those interested in accessing current Vegas election odds for the 2020 Presidential election, as well as information on legally licensed and regulated offshore sportsbooks that accept political bets placed by US residents. We will provide brief biographies on each relevant candidates running for President, potential VP candidates and their odds, and valuable information about political betting options for the 2020 election cycle and all future upcoming US elections.
Coronavirus Update: The Coronavirus has affected everything in the USA from sports to politics. Our guide to how the Coronavirus has affected Vegas election odds goes into further detail about primary postponements, President Trump's odds, candidate odds, and more.


2024 US Presidential Election Odds.
NAME ODDS CHANGE Kamala Harris 22.2% 2.20% Joe Biden 16.7% — Donald Trump 9.1% — Nikki Haley 9.1% — Pete Buttigieg 6.7% — Mike Pence 5.9% — Alexandria Ocasio-Cortez 5.3% — Donald Trump Jnr 5.3% — Eric Trump 5.3% — Ivanka Trump 5.3% —
Implied probabilities are calculated using odds offered by Betfair. Last Updated: 2021-02-06 20:00:30 PDT.
For news on what affected the presidential odds during the 2020 election, please see our prior news coverage:
2020 US presidential election odds coverage archive:
2024 US Presidential Election Odds.
The 2020 US Presidential election was considered to be the most important election of modern times. Even before the close of calendar year 2020, there is already talk of the 2024 Presidential election. Trump is already fundraising and declaring his intention to run, which sets up a potentially wild ride for the next 4 years.
When it comes to the odds to win the presidency, track the odds here. With up to the minute presidential bet odds bookmark this page and check back often.
How Odds On Elections Are Calculated.
Presidential betting odds are calculated using an aggregated weighted index including numbers from:
Betfair Exchange Betway PredictIt.
As of early 2021, only Betfair is offering odds because they are the only bookmaker taking bets on the next election. We assume Betway and PredictIt will be taking bets at some point and those odds will be added in.
Once all three bookmakers publish odds, you can use the chart above to view odds from all of them at once, weighted, or check an individual market. A betting exchange (Betfair Exchange, PredicIt) lets people bet against each other. The bookmaker (Betway) takes less risk but will take a small percentage of winnings.
Election betting is often referred to as “futures” because it is a wager on a specific, future event. Most election wagers are moneyline bets or straight bets. It’s a straight forward wager normally with no spread involved.
For a sporting event, you are bidding on which team will win. For betting on the presidential election, you are bidding on which candidate will win.
How Are The Presidential Election Betting Percentages Calculated.
When comparing the presidential odds, a plus symbol means that the option is an underdog. The minus symbol means the option is a favorite to win.
When Trump’s election odds are set at -125, presidential bet odds give Republicans a 55.56% chance of winning.
How Accurate Are The Betting Odds For The Election.
As with any wager, it’s important to look at the sources of information that lead people to choose one bet or another. In this case, news coverage and election polling are common sources of information.
Prior to the 2016 election, people commonly trusted reliable polling numbers. That’s changed in the 2018 and 2020 elections. In particular, polls leading up to the 2020 elections predicted the Democrats would gain in the US House of Representatives and would take bake the US Senate. Neither of these occurred.
So, how accurate are the betting odds? They change daily (and even hourly) based on peoples’ perceptions of who will win the election. If Trump continues to campaign for the 2024 election, the odds could continue to be as volatile as they were in 2020 because of his unpredictability.
2024 Election Key Dates.
Many of the key election dates are set months or years in advance. As of early 2021, only two dates have been set for the 2024 election cycle. Primary dates and convention dates have yet to be set.
Here are some of the key dates that could affect polling numbers for the 2020 US Presidential election:
November 5, 2024 : US Presidential Election January 20, 2025 : Swearing-in of the next President.
Can You Bet On The 2024 Election In The US?
Legal US online sports betting websites do not accept betting on presidential elections or any other political betting. We don’t see this situation changing before the 2024 election.
Although some events during 2020 led election betters to believe this could be changing.
West Virginia Election Betting.
The West Virginia Lottery briefly approved three sports betting companies to open election betting. With sports betting down and casinos closed due to the Coronavirus, the sports betting companies sought different avenues for revenue. Governor Jim Justice quickly rescinded this approval. Election betting is illegal in West Virginia.
Looking for more sports betting odds? Check out our Super Bowl Odds, World Series, Stanley Cup, and NBA Finals.
FAQs – U.S. Presidential Election Betting And Odds.
The most common prop bet is simply who will win the election. It is also possible to wager on other results of the 2024 election. The political betting market includes who will win the popular vote, who will win the Electoral College, or who will control the US House of Representatives.
No, due to restrictive regulations against political and election betting, sportsbooks won’t take an election bet. When Nevada state set the regulations for sports betting in 1985, they restricted betting to professional sports. Over the years, Nevada loosened the rules to include college sports and the Olympics. Despite that, the state still does not allow for election betting. There is still talk of Vegas presidential odds, though. Some of the top oddsmakers in Vegas are offering their predictions. They are posting lines, just like they would for other non-sports events, like the Oscars. Although they are prohibited from taking bets, it’s more of a marketing gimmick, for entertainment purposes only.
Peoples’ perceptions of the likelihood of an outcome affect the percentages daily, and even hourly. News and current events affect peoples’ perceptions, particularly in a volatile and ever-changing news cycle.
In the past, endorsements were a key indicator of the eventual nominee and election winner. The 2016 election, though, ended that trend. That said, endorsements can indicate how an elected official will turn out the vote in their jurisdiction.
Polling data can provide a good indicator of the likely outcome of an election. These are, of course, polls and not results and should be taken with a grain of salt. The 2016 election resulted in some of the most traditionally reliable polls being totally off base. The same occurred during the 2020 election, particularly in the US Senate. Some of the most well-respected polls for US election monitoring are RealClear Politics and FiveThirtyEight.
The odds markets continue to take into consideration unlikely candidates. In the months leading up to the 2020 election, the odds focused only on Trump and Biden but earlier odds included Senator Bernie Sanders, Secretary of State Hillary Clinton, and even Vice President Mike Pence – all long-shot candidates. For the 2024 election, because it is still early, there are multiple potential candidates and nominees, including four with the last name Trump.


Presidential Election Odds Still Shifting With States Still Counting.
Presidential Election odds are still fluctuating with five swing states are still counting votes.
The presidential race is not over yet and it seems to not be close with legal action being taken by the POTUS’s campaign on Wednesday. The odds for Joe Biden have grown from -180 to -600 to win the Presidency after reaching 264 electoral college votes. President Trump has requested a recount in Wisconsin and has filed lawsuits in Michigan, Pennsylvania, and Georgia to stop the counting of votes.
WASHINGTON – The country is now on day 3 of waiting to find out the official results of the 2020 Presidential Election but there is still a long time before it is all over.
The electoral college race sits with former Vice President Joe Biden having 264 and President Donald Trump with 214 electoral college points according to the Associated Press. President Trump‘s campaign has already asked for a recount of Wisconsin’s votes and has filed lawsuits in Michigan.
The Trump campaign has also filed lawsuits with Pennsylvania and Georgia , states where he leads by a small margin, to stop the counting of votes.
With the lawsuits and President Trump’s Election team to take matters to the Supreme Court, even if a winner is announced soon there will be more news in the coming weeks to come out before it is all said and done.
“We’ll be going to the U.S. Supreme Court,” said Trump during a speech to supporters at the White House. “We want all voting to stop. We don’t want them to find any ballots at 4 o’clock in the morning and add them to the list, OK?”
Current Betting Odds For The Presidential Election.
Presidential Election Odds (At the time of writing)
Joe Biden’s odds have become a heavier favorite to win as his electoral college numbers have grown. Currently, there are about five or six states that have not fully reported or been determined with very tight races in many states in important key states such as Georgia , Nevada , Pennsylvania , and Arizona .
Swing States Race.
As predicted, swing states have been a highly contentious part of this Presidential Election. Trump was able to grab big swing states such as Ohio , Florida , and Texas on Election Night. Currently, he has a lead in North Carolina and a narrowing lead in Georgia and Pennsylvania.
Biden, however, received his lead in the electoral college votes by winning key states such as Wisconsin and Michigan on Wednesday. He also has a lead in small Nevada and a big enough lead in Arizona for the Associated Press to give him the state.
Path To Victory.
The former vice President is only 6 points away from 270 points to win which happened to be the exact number of electoral college points for Nevada.
The President also has a path to victory where he would have to win every state he is currently leading in and have to flip one of the states Biden is leading.
The Recount.
Because of the very tight nature of the race that could possibly see the President lose by only 2 points, that is probably the reason his campaign has begun to request recounts.
Many are comparing this election to the 2000 Election where Florida’s votes were recounted . In the 2000 Election, the final margin in Florida was only 537 votes. In Wisconsin, which is the state he has requested a recount, the difference is a little over 20,000 votes.
However the results go, those betting on the presidential election can tell the end of this Presidential race looks like it will not be over any time soon.




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