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. As of now, there are 21 official candidates in the 2020 presidential race. The candidates range in experience levels. Some have a background mostly in the public sector while others are long-time leaders in the private sector. Our political bios go in more detail, but the truth of the matter is that with more candidates come more chances to place a wager.
Unfortunately, 2020 presidential betting odds will likely not be featured at any land-based sportsbook in the U.S. The fear of tampering or other interference is enough to scare away state regulators from giving bettors the chance to cash in on their favorite candidate. However, online offshore sportsbooks aren’t affected by American politics or by state and federal laws. They can view the race from a truly outside perspective to ensure that you get fair lines and comprehensive wagering opportunities. There are also no laws that prevent you from using these online offshore sportsbooks to bet on elections. We’ll go over the legality of these sites as well as recommend your top options. But first, we’ll give you a list of all the candidates in the race right now:
Vegas odds revealed for 2020 presidential hopefuls - and long shots. A Las Vegas oddsmaker has President Donald Trump favored to win the 2020 presidential election. Note: Bookies are waiting for legal cases surrounding the election to cease before paying out on bets for the 2020 presidential race. 2020 US Presidential Race – Vegas Odds. It’s now an undecided two-horse race between Trump and Biden to be POTUS. Vegas sportsbooks & online books are already offering odds for the 2024 election result! People are betting on the presidential election. Friday, Democratic nominee Joe Biden odds to win the 2020 election are -1100, with 91.7% implied probability. The odds have constantly been changing throughout 2020, with Biden being as high as +2000 at the end of February. However, the Democratic Party Presidential primaries changed the odds. Biden’s price with Bovada plummeted to +160 after he emerged at the candidate for the party. They know all too well the winner of the 2020 Presidential election will be determined by who wins the Electoral College. Since the Oddsmakers in Las Vegas have no agenda except to see their bookies break even (they profit from the vig every single bettor pays).
Entering election day, Joe Biden is a mild favorite on most of the online sportsbooks. The online sports betting community seems to trend right wing, and that means that it’s hard to find odds on Donald Trump that accurately reflect his chances at winning. The election odds have changed a fair bit since the COVID-19 pandemic started. It has unarguably been a bad moment for President Trump, who seemed set to cruise to reelection before the pandemic, the protests, and his own bout with COVID-19. In a way, it’s a bit of a miracle he’s still in it. He’s an underdog now, having fallen from being a favorite at around -200 to now sitting around +150. The odds will continue to shift all of election day as wagers come in and sportsbooks try to keep the wagers balanced, so keep an eye on them.
Can I Legally Bet On The 2020 Presidential Election?
Yes, you can legally bet on the 2020 presidential election but only through certain methods. Those involved in the race obviously can’t bet on the outcome. But, for those interested in politics and want to gamble on the fate of the candidates running, there are online offshore sportsbooks that will have odds for you. While domestic sportsbooks are starting to gain popularity across the nation, they more than won’t offer odds for the 2020 presidential election. New Jersey so far has been the only state to offer odds other than those that are directly related sports, when they listed odds for the 2019 Academy Awards.
But they cannot offer odds on the elections. However, whether or not U.S.-based operators release political betting lines, it won’t affect the legality of using an online offshore betting site. The ones we recommend operate outside of both state and federal jurisdictions. To add to that, there are no federal or state laws that prevent you from using these sites to bet on the elections. This is why every four-years Americans, feel safe in betting on the presidential election.
Top Online Sportsbooks That Accept Wagers On the Presidential Election
The US presidential election is not just something that Americans pay attention to, but rather those from around the world tune in to watch the race. This includes overseas bookmakers who regularly update odds as candidates either drop out of the race or do something to invoke new betting lines. While there are plenty off online offshore betting sites like this, not all of them are built the same. That’s why we’ve taken the liberty of exploring the industry and hand selecting only the two best sites that are guaranteed to provide presidential betting odds and do so in a fast, easy, and safe manner.
Bovada - Political Betting Odds On Every Candidate
Bovada has undoubtedly set itself apart from the rest of the online betting industry just in terms of the sheer number of bets they offer. This most certainly includes 2020 presidential betting odds. Every four years you can be sure to find betting lines for not just the last two candidates remaining, but also for the top primary candidates in each political party. What makes this site even more lucrative for those new to this type of wagering is that, because those lines are located within the sports betting section of their website, you can use the site's sportsbook Welcome Bonus to place your bet on the 2020 presidential election. This includes a 50% bonus worth up to $250. Finding the sites promotional offerings as well as finding the latest odds are a breeze because of the way the site is laid out. Just log on once and you’ll see that even though voting for a candidate may be a difficult task, betting on them is easier than ever before through Bovada.
SportsBetting - Bet On 2020 Presidential Odds With Crypto
While you may not be able to guess it through the site’s name, SportsBetting actually has some of the best 2020 presidential betting odds of any sportsbook on the web. SportsBetting makes placing a wager on a political candidate as easy as making a prop bet on a certain athlete. This is mostly because of the fact that they have so many deposit options for their users. While you may not like your options for president, you’ll at least have plenty of ways to get some money into your account. Not only can you use traditional methods such as debit cards, checks, and bank wire transfers, but you can even use cryptocurrencies such as Bitcoin. After the election is through you also won’t have to wait very long to receive your winnings. With a 48 hour or less payout time, you can be sure that you’re receiving your funds as fast or faster than any of SportsBetting’s competitors. As more candidates either announce their candidacy or drop out of the race, be sure to check SportsBetting for all the latest and most up to date 2020 presidential betting odds.
Top Online Sportsbooks That Accept Wagers On the Presidential Election
2020 Vegas Presidential Odds
The US presidential election is not just something that Americans pay attention to, but rather those from around the world tune in to watch the race. This includes overseas bookmakers who regularly update odds as candidates either drop out of the race or do something to invoke new betting lines. While there are plenty off online offshore betting sites like this, not all of them are built the same. That’s why we’ve taken the liberty of exploring the industry and hand selecting only the two best sites that are guaranteed to provide presidential betting odds and do so in a fast, easy, and safe manner.