Sports betting is exciting, especially if you’re emotionally connected to the team. But whatever the result, it makes no considerable difference for the world. Elections in the USA are different. They determine the person for possibly the world’s most powerful position.
The importance of the elections alone allows political bookmakers to profit from them significantly. Why wouldn’t you do the same?
With its endless twists and turns, betting on the election in the United States can be a source of massive entertainment and financial gain for any punter. Today, we give you the basics of doing it right.
Here’s what we’ll cover:
List of US election betting sites
Reasons to Bet on Elections in the USA Online
What Political Events in the United States Can You Bet On?
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Most notably – you bet on politics because it’s exciting and profitable. Punters invest millions yearly for a reason. If you’re still not persuaded, here are some more specific reasons.
While you won’t find many land-based establishments that allow you to place political wagers, online casinos flourish as November approaches. Comparing odds and finding the best offer is a piece of cake.
In today’s world, staying up to date with politics is essential. While betting on elections, you can educate yourself on the topic at hand, merging entertainment and education.
American Politics Betting Bonuses
Now that most betting takes place online, endless bonuses and promotions can boost your start.
The props can go from basic to ridiculously entertaining. The closer the elections, the more hype you’ll get.
What Political Events in the United States Can You Bet On?
If a sportsbook specialises in politics, you’ll run into regional- or local-level political bets at all relevant times. The big bucks come from more significant events like the presidential and congressional elections.
The odds for the most significant event in US politics are continually updated to reflect changes. It’s a bit trickier to follow in 2020, due to the pandemic, late entries, and debate performances.
Betting on future members of Congress requires a bit more know-how than the presidential election. These wagers also tend to happen on a regional level, requiring a niche knowledge. Still, if you put your head in the game, you can win.
The proliferation of online betting sites for US politics generated an endless list of political bets, especially subtypes of props. Let’s take a look at the most common ones.
You place money on specific outcomes. For example, Donald Trump will win or lose the 2020 election – very straightforward, but not a lot of room for pushing profits.
The US politics bookies will offer these weeks and months in advance, focusing on specific events in the future of the campaign. For maximum cost-efficiency, place a bet early.
The most varied and entertaining type, props are challenging to win, but you can have a lot of fun doing it. They can focus on anything from the results of debates to a candidate’s future spouse.
These wagers propose a specific number, and you bet a higher or lower outcome. The number of electoral votes for a nominee is a good example. You have good odds of winning such a bet if you’re informed.
Instead of being specific like the moneyline, these bets set ranges. For example, you might bet that Trump will win 30% to 50% of the electoral votes. These are easier to get right, but they have lower payouts.
Is Online Betting on US Election Legal?
Up until 2018, gambling on political outcomes was illegal in the US under federal laws. Most state laws also complied.
However, the US Supreme Court shut down the Professional and Amateur Sports Protection Act, which was the primary obstacle. It ruled federal restriction of legalised sports bets unconstitutional.
Sports and political betting has been legal in the UK since 1960. Use one of our recommended bookies, and you’ll be on the safe side.
How to Pick the Best US Political Betting Sites
If you want to give political betting a shot, the biggest question is where you should do it. How do you find the best betting sites for politics in the US?
As you grow more familiar with online betting’s underlying factors, you’ll realise that trustworthy betting sites are crucial for your success. We could even argue that picking a reliable website is the essential stage of the entire activity.
Transparency — An online sportsbook should always have the odds posted and updated.
Competitiveness — Check different sportsbooks to find the most profitable odds.
Security — From reputation to reliable payment methods and SSL encryption, the site should go through all the steps necessary to ensure safety for bettors’ personal information, and finances.
Bet types — This one might not be crucial, but if you’re only getting started, going for a website that allows you multiple bet types can make it more enjoyable.
Personal preferences — Do you prefer to play on your mobile? Do you use PayPal? If you can choose, you don’t have to settle.
Betway has been a global betting company in the business since 2006, offering over 30,000 betting markets, competitive odds, and free bets as a signup bonus. Join it and place a wager on a presidential campaign — safety and seamless user experience are guaranteed.
There are so many ways to move money on the internet today, and the best method for you will depend on the laws of your state and personal preferences. A sportsbook’s approach to this speaks volumes of both its authenticity and desire to cater to the players.
You should always look for bookies that offer tested-and-trusted payment methods, as well as e-wallets and cryptocurrencies. Support of traditional payment methods generally points to law abidance, and the newer options make sure that the platform innovates.
In the US, banks must block transactions between checking accounts and known gambling establishments.