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Election odds betting

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Each state is assigned a set of votes based on the number of representatives in the House of Representatives, with two more added for the senators each state has in Congress. The candidate with the most votes for a particular state will take all of the Electoral College votes Nebraska and Maine dole out their Electoral votes based on the proportion of the popular vote each candidate gets to reach that magic number of And before you ask, yes, global bookmakers offer bets on different party combinations for the Electoral College and popular vote.

According to many political pundits and news mediums in the United States, the U. Presidential Election between Donald Trump and Joe Biden will be determined by eight critical battlegrounds, which is often called the 'swing states' race. Listed below are the consensus betting odds from legal sportsbooks that are offering markets on who will win the Electoral Votes for each swing state.

Looking above the "Consensus Odds" for the eight states, you can see that Joe Biden is favored in six races as of Sunday, Nov. The largest betting action on Trump came in on Arizona , Florida and Georgia while Biden has been made a heavier favorite in Minnesota and Wisconsin. Most pundits have said that the key state is Pennsylvania, which Trump won in over Hillary Clinton. Betting on political elections is no different than a typical sports wager.

You have your typical money-line or fractional bet. Totals players can get their fix with how many Electoral College votes each candidate wins in the election. Again, Americans are not legally allowed to bet on politics in the US. That said, one well-known sportsbook, DraftKings, has found a fun way to offer action while following regulations: Pools.

By offering a free-to-enter pool, players can see how their predictions will pan out. Similar to the debate pool, there are a bunch of props you can choose from. Pick the right answers and you could win the "full monty. While some regulators may cry foul at a sportsbook offering real money for anything politics related, DraftKings is toeing the line to offer fans a secure, legal way to make the debate a bit more exciting though we're not sure if needs any more excitement.

Seems they picked right; makes sense for such a storied sportsbook. Her background in foreign policy and familiarity with the former VP during the Obama administration certainly lent credence to her chances. Of course, now we know Harris cinched the pick. Legal sportsbooks in the United States do not offer odds on the United States Presidential Election, or any other political election. This is because betting on politics in the US is prohibited by law.

That said, some familiar US sportsbooks with a presence in other countries offer election betting markets overseas. Ignoring all of the candidates included just to offer options, PointsBet AU has odds in line with some other sportsbooks, as you'll see. Note, PointsBet displays their lines in decimal odds. The global sportsbook also has odds, albeit long shot choices, on the two Vice Presidential candidates. Unlike much of the media, PointsBet is putting equal chances for both candidates.

In addition to the straight outcome, PointsBet is taking wagers on a handful of US Election prop bets:. Another possibly familiar name, Betfair runs a betting exchange, which is a bit like taking betting and tossing it down to Wall Street. Like PointsBet, Betfair shows decimal odds and offers most of the same props beyond the outright winner. Betfair recently announced that Trump vs. Biden U. Election betting market has become the largest single betting event in history, topping enormous events like the Super Bowl and World Cup final.

As of Thursday Oct. Betting fans in New Jersey , Pennsylvania , or Indiana should know Unibet by now, which globally is a huge online sportsbook brand. Americans living on the Canadian border may also have some past experience with Unibet, as they offer typical American odds for our northern neighbors. Unibet is putting Biden and Trump at even odds right now, so they don't seem to have any clearer picture on who will win than most Americans.

Similar to the above video, Sid Rosenberg provides another in-depth preview of Tuesday's election with the popular U. Update Tue, Nov. At this time, it is illegal to bet on politics in the United States. So, short answer, no. However, DraftKings is running free-to-play pools to guess the outcomes of the US election prop bets. Check it out today! Again, you can't, not legally anyway.

Some offshore bookmakers offer lines, but we absolutely do not recommend that. There's much more risk involved, and you can't be certain you'll receive any winnings or be able to withdraw your money. If you want to get in on the action, try out DraftKings Election Pool!

The most straightforward political prop bet for the US election is simply 'Who will win the US presidential election? CO Gambling problem? Call Indiana Self-Restriction Program. NJ Bet with your head, not over it! Gambling Problem? Either Haley or Ivanka Trump would be the first female presidential nominee in the history of the Republican Party.

Ivanka Trump would also be the first daughter of a president to receive such a nomination. The lines on this event are called moneylines or straight bets. Using the presidential election as an example, UK books liked Trump as a strong contender. Polling data is fluid and changes over the course of an election period.

In the early stages like now May , candidates with the most name recognition tend to poll the strongest. As lower tier candidates who have difficulty fund-raising drop out of the race, and TV debates start crystallizing or galvanizing voter opinion, the numbers begin to consolidate around one-to-two front-runners heading into the primaries. In terms of presidential elections, the candidates who most represent the opposite end of the spectrum ideologically often fare the best.

For example, Barack Obama and Donald Trump were about as different as could be. That will be an indicator into which candidates to back at the books. So far, no states have allowed sportsbooks within their borders to take action on the results of any US elections.

If that changes to any degree, TheLines will keep you updated on the progress of that movement. Can Donald Trump run again in ? The short answer is yes. What to monitor: polling data Polling data is fluid and changes over the course of an election period. For simplicity purposes, monitor two well-respected polling aggregators: Real Clear Politics : Consolidates and links to the most respected polls.

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