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

US Election 2020There 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

US Election 2020Joe 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: 

Nominee Party AVG Odds
Joe Biden Democrat 1.75
Donald Trump Republican 2.20
Kamala Harris Democrat 51
Mike Pence Republican 101
Hillary Clinton Democrat 101
Michelle Obama Democrat 126


Primary parties table based on the latest polls:

Party Presidential Nominee Vice President
Republican Party Donald Trump Mike Pence
Democratic Party Joe Biden Kamala Harris
Green Party Howie Hawkins Angela Walker
Constitution Party Don Blankenship William Mohr
Libertarian Party Jo Jorgensen Spike Cohen

Alternative bets for US Election 2020

US Election 2020Alternative 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

FAQ
Q: When is the 2020 Election date?

The official day for the US Elections approaches. More specifically, the Presidential Election will be on Tuesday, November 3rd, 2020 and US citizens are getting ready to declare the new President of the United States.

Q: Can you bet on the US Presidential race?

Yes, betting on who will be the next president in the US and the markets that go along with it is big business. Most bookmakers offer odds on the election with massive action during election years.

Q: What are the Swing States in 2020?

Due to the latest election polls, the swing states for 2020 are Arizona, Florida, Maine, Michigan, Minnesota, Nebraska, Nevada, New Hampshire, North Carolina, Pennsylvania and Wisconsin.

Q: Which nominee is the favorite to win the 2020 Presidential Election?

Joe Biden is the current betting favorite to win the 2020 presidential election. Although, Trump is a very dangerous underdog considering what happened in the 2016 elections against Hillary Clinton.

Q: Who has the best odds for the republican party?

Donald Trump is the favorite to be the 2020 Republican Nominee. Right now he’s odds are at 1.01 with Mike Pence coming as his rival at 34. There is also Nikki Haley that gathers a few odds and right now these are at 67.

Q: What are the most popular betting markets in US Elections?

Bettors have a wide range of choices regarding the upcoming US Elections. Some markers are a bit more popular among wagers and these are: US Presidential Election 2020 Winner, Democrat Candidate, Republican Candidate, Winning Party, Winning party in every State, Prop bets.

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