The 2020 US Presidential Election saw some of the biggest payouts ever given with people winning thousands – even millions with some wagers – for their futures bet on Joe Biden to win the presidency. Now, with 2020 in the rear-view mirror, we turn our attention to the 2022 US Midterm Elections and the 2024 US Presidential Election and examine the odds while providing readers with only the most trusted sites for legal futures betting on political races and issues in the United States.
Top Sites for Futures Betting Odds For USA Politics 2023
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Types of Betting Odds for United States Politics – Political Races and Issues
Below are the different kinds of odds available for betting on United States political races and current issues. Our lines are taken from Bovada and will be updated regularly. To see more candidates and additional lines, click the links provided in the table above.
2024 US Presidential Election
Donald Trump Sr. +260
Ron DeSantis +260
Joe Biden +600
Gavin Newsom +1400
Kamala Harris +1400
Mike Pence +2000
Michelle Obama +2500
Nikki Haley +2500
Pete Buttigieg +2800
Elizabeth Warren +4000
Hillary Clinton +4000
Beto O’Rourke +5000
2024 Party Nomination – President
Joe Biden +235
Kamala Harris +440
Gavin Newsom +600
Pete Buttigieg +1000
Michelle Obama +1600
Hillary Clinton +1800
Elizabeth Warren +2000
Donald Trump +110
Ron DeSantis +170
Mike Pence +1400
Nikki Haley +2200
Mike Pompeo +2800
2022 Midterm Election Odds
Who will control the House in 2022?
*Follow the link below for more odds and betting lines on USA political events including the 2024 Presidential Election, 2022 Senate Elections, 2022 Representative Elections, and 2022 Gubernatorial Elections.
2023 Political Futures FAQs
Q: What is political futures betting?
A: Betting on futures when it comes to politics means placing your wager in advance at worse odds to receive a larger payout. The lower the odds, the bigger the payout and vice versa.
Q: Is it legal to bet on politics in the United States?
A: Yes. There is no US federal law preventing the use of legally licensed, offshore gambling websites. Each site at the top of the page has been reviewed and are among the best in the industry while being 100% legal, safe, and guarantee payouts for winning bets.
Q: Can I bet on US politics if I’m from another country?
A: It depends. The laws of every country are different, and some countries prohibit the use of offshore gambling websites while other countries allow it. Be sure to check the gambling laws of your country before betting on politics online.
Q: How old do you have to be place a futures bet on politics?
A: Age 18 or 21 is typically the standard age in countries across the world. Be sure to check the age requirement of your state if you live in the US and the age requirement of your country if you live outside the US.
Q: How are the odds determined on political futures?
A: Oddsmakers set an initial line, and then the public is allowed to place money on the odds. Once one side starts to see a lot of action, or most of the money placed, the odds will shift to encourage bettors to wager on the other side as the date of the outcome gets closer. The odds you bet on are locked in at the time of the bet and are not affected by any future changes to the odds.
Q: When is a political futures bet won or lost?
A: The outcome of a political bet is determined whenever the outcome becomes official and typically, this comes when the losing side concedes. However, small margins of victory can trigger a recount, depending on the law of the state in question. This could delay payouts since the votes will all need to be counted again – and sometimes multiple times like in the 2000 Presidential election – before an outcome is official and a winning bet can be paid out.