Presidential Election Odds US 2024 Election Betting There are currently no lines available for this sport. Either there are no odds open to bet on, or the sport is not in season at this time. You can check back soon or bet on any of the online sportsbook lines and betting odds listed below.
- Presidential Election. The 60th Quadrennial U.S. Presidential Election runs on November 5th 2024. BUSR has the latest odds for all potential candidates (including a few names that may surprise you). All data will be updated throughout the many midterms, scandals, and surprise announcements that are sure to come between now and election night.
- Presidential Election Betting The United States Presidential Election is the foundation of American democracy. Since the first presidential election where George Washington became the nation's leader, the event has grown along with the country.
Election Betting Odds
By Maxim Lott and John Stossel
Why This Beats Polls | Odds from FTX.com, Betfair, Smarkets, and PredictIt | How People BetHover over candidate pics for market breakdown. Hover over underlined titles for amount bet.
Odds for this page are averaged between FTX.com, Betfair and Smarkets
20.1% +0.0% |
15.1% -0.6% |
10.7% 0.1% |
5.6% 0.2% |
4.0% +0.0% |
3.9% +0.0% |
1.9% -0.0% |
1.7% -0.0% |
1.7% +0.0% |
1.5% -0.1% |
1.5% +0.0% |
1.4% -0.0% |
1.2% +0.0% |
1.2% 0.4% |
1.0% +0.0% |
0.9% +0.0% |
0.4% +0.0% |
0.4% +0.0% |
0.4% +0.0% |
0.2% +0.0% |
25.2% |
53.9% +0.0% |
42.6% +0.0% |
3.6% |
22.1% -0.1% |
11.3% 0.2% |
9.9% -0.0% |
8.1% +0.0% |
4.7% +0.0% |
4.0% -0.0% |
3.9% +0.0% |
2.9% +0.0% |
2.9% -0.0% |
2.5% +0.0% |
2.5% +0.0% |
2.5% +0.0% |
2.2% +0.0% |
2.0% +0.0% |
1.6% +0.0% |
0.8% +0.0% |
16.3% |
| Books we like: | ||||
|---|---|---|---|---|
| 'No, They Can't' By John Stossel | 'Signal and the Noise' By Nate Silver | 'Random Walk' By Burton Malkiel | 'Radical' By Maajid Nawaz | 'In Order To Live' By Yeonmi Park |
(5% of purchases go to support ElectionBettingOdds.com through Amazon.com's affiliate program. Thank you!)
About these odds and FAQ | By Maxim Lott and John Stossel | Odds update every minute
|
Copyright 2020, FTX.com
The first attempt at legal 2020 presidential election betting in the United States fumbled quickly Tuesday evening.
By Wednesday morning, it appears the idea is dead for now.
FanDuel Sportsbook said Tuesday it received approval from the West Virginia Lottery this week to offer presidential election betting. Yet only two hours after announcing the launch, FanDuel abruptly pulled the market at the request of West Virginia officials.
WV backlash strong and swift
West Virginia Secretary of State Mac Warnerreleased a statement Wednesday making clear election betting is off:
'Gambling on elections has been illegal in West Virginia since 1868. Gambling on the outcome of an election has no place in our American democracy. Not today. Not tomorrow. Not ever.'
'This is a terrible idea. Let's shut this down right now and be very clear about it.'
Warner plans to investigate what happened leading to the launch. He might not need to look farther than a Wednesday evening statement from the lottery:
West Virginia Lottery Director John Myers acknowledged Wednesday that Governor Jim Justice's Office had not been informed about the sports betting app FanDuel launching a site for wagering on the 2020 Presidential election and that the decision to do so was a mistake.
Tuesday evening, on its West Virginia platform, FanDuel Sportsbook opened up wagering on the 2020 Presidential election. FanDuel said it had received permission from the West Virginia Lottery. We quickly realized we had made a mistake and the offering was pulled approximately two hours later.
'I didn't inform the Governor about it,' Myers said. 'I thought it would be okay, but after review, it was clearly a mistake. We just screwed up. I didn't have the authority to do it, it should have never happened and I apologize to everyone.'
Tuesday's launch rapidly became clouded by questions of whether the launch should have occurred. A spokesman for the lottery sent this message to PlayWV about an hour after FanDuel's initial release:
'While the markets were approved, the West Virginia Lottery has asked FanDuel to refrain from offering the markets until they have time to fully work through the implications of this new market offering.'
Shortly after FanDuel released that comment, the lottery followed with this statement to LSR:
'The markets were initially approved, however the West Virginia Lottery has asked FanDuel to refrain from offering the markets until we have time to fully work through the implications and research it further.'
Before the odds went away …
FanDuel Sportsbook said in an earlier press statement that it would begin accepting wagers on the election today. Some bettors first reported the odds were taken down as of 8:30 p.m. ET.
No legal US sportsbook offers election betting.
'We're proud to have partnered with the West Virginia Lottery to bring these markets into a legal, regulated sportsbook,' said Mike Raffensperger, CMO of FanDuel Group, in the initial release.
Is US election betting legal?
| Books we like: | ||||
|---|---|---|---|---|
| 'No, They Can't' By John Stossel | 'Signal and the Noise' By Nate Silver | 'Random Walk' By Burton Malkiel | 'Radical' By Maajid Nawaz | 'In Order To Live' By Yeonmi Park |
(5% of purchases go to support ElectionBettingOdds.com through Amazon.com's affiliate program. Thank you!)
About these odds and FAQ | By Maxim Lott and John Stossel | Odds update every minute
|
Copyright 2020, FTX.com
The first attempt at legal 2020 presidential election betting in the United States fumbled quickly Tuesday evening.
By Wednesday morning, it appears the idea is dead for now.
FanDuel Sportsbook said Tuesday it received approval from the West Virginia Lottery this week to offer presidential election betting. Yet only two hours after announcing the launch, FanDuel abruptly pulled the market at the request of West Virginia officials.
WV backlash strong and swift
West Virginia Secretary of State Mac Warnerreleased a statement Wednesday making clear election betting is off:
'Gambling on elections has been illegal in West Virginia since 1868. Gambling on the outcome of an election has no place in our American democracy. Not today. Not tomorrow. Not ever.'
'This is a terrible idea. Let's shut this down right now and be very clear about it.'
Warner plans to investigate what happened leading to the launch. He might not need to look farther than a Wednesday evening statement from the lottery:
West Virginia Lottery Director John Myers acknowledged Wednesday that Governor Jim Justice's Office had not been informed about the sports betting app FanDuel launching a site for wagering on the 2020 Presidential election and that the decision to do so was a mistake.
Tuesday evening, on its West Virginia platform, FanDuel Sportsbook opened up wagering on the 2020 Presidential election. FanDuel said it had received permission from the West Virginia Lottery. We quickly realized we had made a mistake and the offering was pulled approximately two hours later.
'I didn't inform the Governor about it,' Myers said. 'I thought it would be okay, but after review, it was clearly a mistake. We just screwed up. I didn't have the authority to do it, it should have never happened and I apologize to everyone.'
Tuesday's launch rapidly became clouded by questions of whether the launch should have occurred. A spokesman for the lottery sent this message to PlayWV about an hour after FanDuel's initial release:
'While the markets were approved, the West Virginia Lottery has asked FanDuel to refrain from offering the markets until they have time to fully work through the implications of this new market offering.'
Shortly after FanDuel released that comment, the lottery followed with this statement to LSR:
'The markets were initially approved, however the West Virginia Lottery has asked FanDuel to refrain from offering the markets until we have time to fully work through the implications and research it further.'
Before the odds went away …
FanDuel Sportsbook said in an earlier press statement that it would begin accepting wagers on the election today. Some bettors first reported the odds were taken down as of 8:30 p.m. ET.
No legal US sportsbook offers election betting.
'We're proud to have partnered with the West Virginia Lottery to bring these markets into a legal, regulated sportsbook,' said Mike Raffensperger, CMO of FanDuel Group, in the initial release.
Is US election betting legal?
This passage in West Virginia Code appears to prohibit election betting: Pool tournament payouts.
It defines an election as 'every general, primary, or special election held in this state, or in any of its subdivisions, for the purpose of nominating or electing federal or state officers …'
Experts unsure WV is compliant
Some experts harbor questions about whether presidential election betting can be offered legally. LSR legal writer John Holden said it is unlikely a state can approve a market for election wagering.
'Wagering on political markets is explicitly prohibited by statute in a number of states, and most states have found it incompatible with public policy in a number of other places,' Holden said.
Nevada rejected a proposal for election betting in 2013. This year, Jimmy Vacarro with South Point sportsbook posted 2020 election odds for entertainment purposes. The casino did not accept wagers on those odds.
Why no state offered presidential betting before
In a recent LSR article, Holden laid out the primary argument against states posting legal presidential election betting:
Does the CFTC's rejection of NADEX's application mean that presidential election wagering is always as a regulated commodity under the Commodities Exchange Act? Not necessarily.
But it is unlikely that any legal operator wants to risk running afoul of financial regulators, and jeopardize their core business in order to offer wagering on the presidential election.
The principal obstacle for wagering on elections in the United States rests at the state level, like with most things in gambling. While some argue that legalized wagering on elections may spur voter turnout, others see it as against the public interest.
Presidential Election Gambling
FanDuel's release specified betting on national elections. It noted that 'local or state elections are not permitted.'
2020 presidential election betting markets
FanDuel released the categories on which it will accept bets in West Virginia if ultimately allowed:
Presidential Election Gambling Odds
- Winner of 2020 Election (Trump -110, Biden +125)
- Democratic Nomination (Biden -714, Cuomo +1400, Sanders +1600)
- Democratic Vice Presidential Nomination (Harris +188, Klobuchar +400)
- Presidential Election 2020 – Winning Party (Republican -125, Democrat -110)
- State by State Winning Party
FanDuel partners with The Greenbrier for WV sports betting. The private resort is owned by the family of Gov. Live casino poker tournament schedule. Jim Justice.
