Gambling On Presidential Election
It’s Election Day, folks. The day we have all been waiting for. But let’s get up to date on the big news stories from yesterday for anyone looking to bet on the presidential election.
Election betting is often referred to as “futures” because it is a wager on a specific, future event. Most election wagers are moneyline bets or straight bets. It’s a straight forward wager normally with no spread involved. For a sporting event, you are bidding on which team will win.
- Political betting has exploded in recent years and most of that action comes in the form of presidential election betting. Betting on politics generates a lot of betting handle, despite it still not being legal in large swathes of the country. Most importantly, in regulated sports.
- Not only can you gamble on who you think will win the presidential election, but such bets might also give us a clue about who could win, according to political scientists. Is It Legal to Bet on.
On Monday, President Donald Trump and Democrat candidate Joe Biden gave their final speeches before the big day. Trump appeared in North Carolina, Pennsylvania, Michigan, and Wisconsin. Biden spoke in Ohio, Pennsylvania, and Pittsburgh, with Lady Gaga making an appearance in his later rally.
As expected, there was plenty of excitement on the final day before the election. But what changed from a betting perspective?
Let’s see how the latest odds for Trump vs. Biden look on Election Day 2020.
The presidential election odds on Election Day have changed very moderately from yesterday.
The odds for Trump to win are back at +135 from +130 on Monday.
Biden’s odds come in at -175 from -170 yesterday.
The odds could well fluctuate throughout the day. I suggest taking a look at our recommendations for where to bet on the presidential election, and checking the top betting sites to get the latest prices.
Trump Goes in Heavy on Swing States
President Trump descended on several swing states on Monday to convince voters that four more years is the way to go.
Trump appeared in Fayetteville, North Carolina, before traveling to Scranton, Pennsylvania – the home of none other than Joe Biden.
The president then headed to Kenosha, Wisconsin, the scene of violent protests and disruptions in the summer, before ending a late-night rally in Grand Rapids, Michigan, with VP Mike Pence.
Biden Campaign Announce Battleground States Intentions
It was revealed on Monday that Joe Biden, Jill Biden, Kamala Harris, and Doug Emhoff will spread out among five different battleground states in an effort to gain last-minute votes on Election Day.
Biden will also visit Scranton, the location of his birth, as well as Philadelphia. Jill Biden makes appearances in Florida and North Carolina, while Harris and Emhoff travel to Michigan and Ohio, respectively.
Popstar Lady Gaga appealed to voters in Pennsylvania to vote for Joe Biden, who she claimed was a “good person.”
The singer also launched a scathing attack on Trump, claiming that he believed that his fame allowed him to “grab” women by any part of their bodies that he wanted to.
Election Betting Odds Stossel
.@realDonaldTrump#VoteBiden#Votepic.twitter.com/cwFYfDF5aY
— Lady Gaga (@ladygaga) November 3, 2020
Democrats Abandon Georgia Rally
The Peach State could spell trouble for the Republicans.
But on Monday, it was revealed that Democrats who were forced to retreat from a rally due to what was referred to as a “large militia presence.” A meeting took place over Zoom instead.
Five Thirty Eight Polls
The militia presence was said to be large on account of a scheduled appearance by Trump in Rome, Georgia on Monday. Some had suggested that Trump’s fear of losing the state to Biden was the reason behind his appearance.
Yes, is the answer, according to Trafalgar Group’s Robert Cahaly.
If that name doesn’t ring a bell, Cahaly is a guy that has suggested that the president is more competitive than major polls tracking the election are letting on. Sounds like something anyone could say, right? Well, yeah. But…
Trafalgar was the most accurate outfit when it came to predicting Trump’s win in 2016. Cahaly got the number of Electoral College votes right for Trump and Clinton, too.
If you’re betting on Trump to win? Well, this might be the news you were looking for.
Our @trafalgar_group findings featured in this @Newsweek article by @meghan_roos “Pollster who called 2016 correctly says Trump win likely as 'shy voters' shun shutdowns https://t.co/MbjXZcAYFl
— Robert C. Cahaly (@RobertCahaly) November 3, 2020
More Presidential Election Betting Coverage
The big day is finally here, and I know some of you are wondering just how the odds have remained so stable over the past few days.
I know others will be just getting started on reading some of the major factors that could contribute to the winner of the 2020 presidential election. If that sounds like you, the politics section of our blog is the place to be for all things presidential election.
Gambling On Presidential Election
Here’s a sample of some of our most-read content. Have a read!