Las Vegas Oddsmakers On Presidential Election

Posted on 3/20/2022 by admin

Las Vegas Oddsmakers On Presidential Election Odds
Las Vegas Oddsmakers On Presidential Election Debate

Nov 18, 2020 by Wayne Root I’ve been a Las Vegas oddsmaker and sports gaming expert for four decades- long before I became known as a nationally syndicated conservative talk show host. I understand odds and gambling in a way that no other conservative media personality, host, or politician in this country could. And I can tell you something is very wrong with this presidential election. It reminds me of. Dec 01, 2020 Gamblers also feel the same way about this presidential election. This presidential election is rancid. It feels as fixed as that Giants-Eagles NFL football game. Let me give you the details of this election- from a gambler’s perspective. Trump entered the night a 2 to 1 underdog.

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.

Las Vegas Oddsmakers On Presidential Election

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.

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.

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

Site	Bonus	Rating/5
1	50% Max $250	4.5
2	50% Max $1,000	4.4
3	100% Max $1,000	4.4
3	75% Max $1,000	4.1

Independent Candidates

Kayne West

Musician, Entertainer, Business Owner

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:

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.

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.