US Elections: How to bet on the Presidential Election 2020

The 3rd of November is getting more and more closely as we are on the final straight for the US Elections. Joe Biden and Donald Trump will face each other in this presidential election and players worldwide seek the highest betting odds. Are you looking to make some profit from this event? If so, this political betting guide will give you the chance by presenting the main markets, the best US Election betting sites and some useful background tips. 

Best presidential election betting sites

Right below, you can view a shortlist of the best political betting sites for the 2020 US Elections. This selection is based on the political betting odds, the variety of the markets, and the number of events these sportsbooks offer.

US election 2020 main markets

There is a vast pile of markets that players can bet on the US election 2020. From who will be the next president to prop bets, the most extravagant type of betting, players can choose the market that suits them the most.

US Presidential Election 2020 Winner: This is the most popular market. Biden and Trump are the two main favorites and the first one gathers the lowest odds at 1.80. The leader of the republican party is at 2.25 right now, which is an appealing price for an underdog. 

Democratic / Republican Candidates: Democratic and Republican nominee odds are also a popular choice among players. Bernie Sanders and Donald Trump are the favorites for the Democratic and the Republican party, respectively. The first one is at 2.30, with Michael Bloomberg chasing the same seat with average odds at 3.36. In the republican “field” things are clearer. Trump is the ultimate favorite for the republican “throne”. 

Winning Party: Another market that players like to wager in is the winning party. Democrats are the favorite right now and Republicans are following. You can bet on the Democrats at 1.73 or on the Republicans at 2.25, but these odds will probably change as the election date is coming up. 

Winning Party in every State: Betting on which party will win in a specific state is also a choice and regarding that market, things are pretty clear. Although, the six Swing States are more interesting betwise because things are changing there politically compared to the last elections and bettors can find some interesting odds. 

Prop bets: This betting market is the most enjoyable for the bettors. Prop betting does not have to do with polls, journalists, or expert analysis, but just with fun. An extravagant type of betting that can include the most ridiculous bets. Players can bet on Biden’s tie color or on how many sips of water a candidate will drink or even how much time a debate will last.  

US Election 2020 betting odds

Joe Biden and Donald Trump are the two favorites for the presidential seat. Although, this time, there is a huge favorite for the “throne,” and that is Biden. The latest polls may show that Trump has stabilized his position leading to a slight improvement, but the gap is still big enough. Regarding the latest election polls, on August 16th, the official Democratic leader remains atop the 2020 US election poll tracker at 1.80, and Trump has moved from a 2.40 underdog to 2.25. 

This summer, Trump’s presidential odds took a big hit because of the two major incidents that traumatized the States. COVID-19 and George Floyd’s murder from a police officer is the key reasons his popularity is on the upswing. On top of that, Biden continues to have the lead in Arizona, Florida, Michigan, Pennsylvania, and Wisconsin, five of the six key battleground states. Biden’s presidential odds increased further after he named Kamala Harris as his running mate. Harris entered August at 1.72 on the VP odds board.

Let’s see what the nominee favorites for the presidential seat are: 

Primary parties table based on the latest polls:

Alternative bets for US Election 2020

Alternative bets or prop bets are a trend when bettors are discussing elections. US Election 2020 offers a wide range of prop betting as players find it amusing. Many bookmakers provide odds on Trump’s chances of getting banned from Twitter. Will he be removed from office before the end of his term? Will he tweet about NFL players kneeling during the pregame anthem? Bettors love this betting type due to the limitless creativity sportsbooks provide. From the size of Trump’s bodyguards to the possibility Melania will be revealed that she’s living with another man in the first term, this betting option has lots of fans around the world. 

Complete list of 2020 US Election Bookmakers