The 2020 US presidential election is almost here and it’s one of the most important events in the world.

People from all over are following the battle between Donald Trump and Joe Biden, not just those who live in the USA.

Odds Shark’s odds calculator is a great tool to help translate who will win the 2020 election into implied probabilities. For example, at +575, Donald Trump’s implied probability to win the 2020 election would be 14.81 percent and Joe Biden at -1100 odds would be 91.67 percent. Almost immediately following the result of the 2016 election, Americans from both sides of the political spectrum began looking towards the 2020 presidential betting odds. The likelihood that Donald Trump was named president took many by surprise and his second campaign to win reelection has opened the door for many challengers. Current Vegas Election Odds for 2020 Presidential Candidates The latest posted odds for Presidential hopefuls have Donald Trump favored to win. Trump's odds have remained steady throughout the run-up to the 2020 election, and bookmakers have kept him as the favorite for the entire primary cycle to date.

This particular election has generated a huge amount of betting interest, which is why I’ve put together this complete guide to presidential election betting for 2020. This is one of the best ever opportunities to make money from political gambling, and I can help you do just that.

My US presidential election betting guide will increase your chances of winning some cash by delivering all the information and advice you need. It includes the top sites for betting on the election, an overview of the legalities of election betting, predictions, picks, and even more.

Basically, I cover all your 2020 presidential election betting needs.

I will be updating this post after each important development in the race, so you’ll always have the latest information you need to gamble on the election.

Best Sites for Betting on the Presidential Election

These are the top online gambling sites for betting real money on the 2020 presidential election. They’ve been chosen for several reasons.

All of these recommendations have a legit gambling license, a strong reputation, and the latest security measures available.

You can safely place your wagers on any of the many markets related to the 2020 US presidential election at these sites, and benefit from higher than average odds.

The other advantages of these top betting sites include mobile compatibility, excellent bonuses, and

great customer support.

Some of you may be concerned with the legal side of betting on the US presidential election, so allow me to shed some light on the topic.

Different countries have different laws regarding gambling on politics, so there’s no universal advice available.

Some jurisdictions have rules against betting on elections due to strict regulatory requirements. Others prohibit or limit political gambling due to concerns about betting possibly affecting the integrity of elections.

Any restrictions typically apply to people and companies offering gambling services, not those actually placing wagers. So, in most locations you can bet on the presidential election without worrying about breaking any laws.

I should also note that all the online betting sites I recommend are operated legally within the jurisdiction they are based in. It’s safe to place your wagers with any one of them.

If you want a more in-depth analysis of this topic, take a look at the following post.

Can You Legally Bet Money on the 2020 Presidential Election?

Questions. We sure have a lot of questions going doing the rounds right now. But the one I’m here to answer for you today is “is it legal to bet on the presidential election?” Getting to the bottom of this is going to take more than a few...

The betting odds for the 2020 US presidential election are constantly moving at most sites. These movements are based on factors such as the latest debates, news, polls, and so on.

Let’s take a look at the best odds for both Trump and Biden right now.

• Best Odds for Trump to Win; +160 at BetOnline
• Best Odds for Biden to Win; -175 at MyBookie

These odds are regularly updated, so you’ll always know where the top prices for both candidates are.

It’s almost certainly going to be close and this race could still go either way in my opinion. Calling the winner with any kind of confidence is tough.

But, with that said, here are the presidential election predictions from some of our team.

You might like to read the following posts if you’re looking to form your own prediction on who will win the 2020 presidential race. I’ve looked at the main reasons why each candidate can win.

The polls are far from perfect when it comes to predicting the presidential election, but that doesn’t mean they should be ignored. The numbers are close to the end results more often than not, so exploring the latest trends is a must when preparing to gamble on the presidential election.

I would recommend you to regularly check the following tracker at FiveThirtyEight. This is one of the most reliable and unbiased sources on the web, and they’re tracking multiple polls from around the county.

According to the latest numbers there, Joe Biden is leading Trump by about 6-8% nation-wide.

The Democratic candidate is also ahead in most swing states such as Florida, Pennsylvania, North Carolina, and Arizona. Trump seems to be ahead Ohio and several states look too close to call at this point.

The overall impression is that Joe Biden has a marginal lead over his opponent, but the situation was similar in 2016. Trump is expected to lose the popular vote, just as in the last election. That doesn’t mean he will leave the White House, though, as he could still win the Electoral College.

It’s time for me to share my 2020 US presidential election betting picks.

I don’t see any value in betting on either candidate to win right now. So my best bets are focused on the many props offered by the top political gambling sites.

• Donald Trump to win the electoral college vote in Pennsylvania (+160)
• Winner of the popular vote wins electoral college – No (+185)

The first wager I like a lot is to back Trump to win in Pennsylvania. The POTUS is a couple of points behind according to the latest polls, but that was exactly the case in 2016 and he ended up winning the state.

I believe it’s going to be a close race once again and the price of +160 for Trump to prevail is just too high to skip.

My second recommended bet is related to the difference in the popular vote and the electoral college. I expect Biden to win the former, while Trump has a solid chance for the latter. Since the odds for that outcome are +185, it’s one of the top betting picks for the presidential election in my opinion.

If you are interested in exploring more election prop bets, check out the following posts.

Are you wondering if it’s a good idea to bet on the 2020 US presidential election at all?

I can understand why some people might be reluctant, but I believe there are several good reasons to place a wager or two.

Here are my top reasons to bet on the election.

The volume of wagers during the presidential election will be enormous, and all the bookmakers and betting sites want a piece of the action. They offer plenty of different markets as a result and that opens the door to various opportunities.

You have a good chance of finding one or more bets that really appeal to you, and offer plenty of value.

The strong competition leads to other advantages, such as the high odds for presidential election betting markets. The bookmakers are desperately trying to attract as many customers as possible and they offer excellent prices as a result.

That works especially well if you decide to use several betting sites and shop for the best odds.

You can easily find large bonuses for new customers and exclusive promotions for gambling on the election.

Most online sportsbooks and bookmakers offer hundreds of dollars in various deals that are available to every player.

You don’t need to spend too much time or energy to prepare for your presidential election wagers. You simply need to go to the internet and you can find polls, news, opinions, and loads of information related to the 2020 election.

The important thing here is to try and diversify your sources. There’s a danger of reading too many biased pieces of information that could skew your estimates. Try to check both left-leaning and right-leaning sources for a more balanced view and always stay skeptical.

Las Vegas Odds On 2020 Presidential Race

How to Bet on the Presidential Election

If you have no experience in online gambling, don’t worry. Betting on the 2020 US presidential election is fairly easy and you only need to follow a few steps.

The first one would be to select a betting site and I recommend that you pick one of the options I listed earlier on the page. Once you make a choice, you’ll need to open a new account. The process takes just a couple of minutes and you will have to add some bits of personal information.

When you’re done with that, you have to make a deposit. Pick one of the many banking options that are available and add funds to your account.

At this point, it’s all about finding the right bets and placing your money on the markets you believe can bring you a profit.

Key Developments and Updates

The big day is almost here and both candidates made their final pleas to the voters. The polls still favor Joe Biden heavily and he’s leading in most swing states. And yet, that’s how they looked in 2016 before Trump went on to win the election, so it’s game on.

The campaign for the key battle in the 2020 US Presidential Election continues and both candidates clashed in Florida. It’s one of the swing states that could decide the outcome and Trump won here in 2016. Another victory would be a huge step in the right direction for the POTUS.

Florida might be one of the most crucial states in 2020, according to many specialists. Both Donald Trump and Joe Biden are heading there to hold rallies in the hope of boosting their numbers on November 3.

According to the latest reports, 80 million people have already voted in the 2020 US Presidential Election. That’s the highest pace we’ve seen so far and we might see a new record for a voter turnout. That’s hardly a surprise considering the fierce campaign in 2020.

The second presidential election debate was also the last. As you could expect, both sides believe they performed better and won.

I’m not sure it will have a substantial impact on the upcoming election either way, but you can watch and decide for yourself if you haven’t already.

What are the Vegas odds of Trump winning the 2020 Election? Well, they’re pretty much the same as they were four years ago when he squared off with Hilary Clinton. Once again, the oddsmakers think of him as the underdog. But in 2016, America didn’t get its first female President. Instead, the underdog won and is now hoping to get another term in the office.

Can he do it again? Betting odds definitely look tempting, with some sportsbooks offering as much as +175. Unfortunately, American bettors cannot take advantage of the odds. Why? Because betting on the Presidential Election is not legal in the United States. Vegas Odds of Trump Winning do not exist anywhere in America, but they can be found at offshore betting sites.

Actually, industry experts suggest that the US Presidential Election is the most popular betting event in offshore sportsbooks. With only a couple of weeks remaining before the Trump vs Biden Election clash, the operators are handling 10 times the amount of wagers they did in February when the Super Bowl took place.

Trump vs Biden – Odds of Winning the 2020 Election

The Vegas odds of Trump winning in November are not available anywhere on US soil. However, not only are they available offshore, but it seems that every offshore sportsbook has this market in its offer. BetOnline.ag, Bovada, BetUS – all of them offer odds for Trump vs Biden.

So, who’s the favorite? Joe Biden is, as you can see for yourself from the table below:

The odds are clearly in Biden’s favor, but the same was the case four years ago. Actually, Trump’s odds of winning were even worse back then. Still, despite being a +550 underdog at one point in 2016, Trump was the one who got to move into the White House.

What Were the Vegas Odds of Trump Winning in 2016?

In the days before the Election day of 2016, Trump’s odds of winning were as much as +190 at some sportsbooks. If this seems shocking, wait until you hear about what were the Vegas Odds of Trump winning on the Election night – at around 8 PM on that faithful day, Trump’s odds were +550.

Everyone seemed to think we’re going to see another member of the Clinton Family ruling the United States. Some sportsbooks like Paddy Power even decided to pay out Clinton Bettors in advance, thinking there was no way Trump was going to win. The poor judgment cost them almost a million dollars.

Historia est Magistra Vitae – As ancient Romans used to say, history is life’s teacher. Events from the past teach us about what might happen in the future. If Trump managed to upset the odds in 2016, perhaps he could be able to do the same in 2020?

Well, he might, but keep in mind that the year 2016 was a very strange year from the betting perspective. Apart from Trump winning the election, bettors witnessed many other upsets, including:

• Leicester City winning the English Premier League at +500,000
• The UK voting “Leave” in the Brexit referendum at +600
• Chicago Cubs winning the World Series at +1,000
• Denver Broncos beating Carolina Panthers in Super Bowl 50 at +150
• Conor McGregor suffering his first UFC defeat to Nate Diaz at +380

In 2020, bettors haven’t witnessed too many upsets, which begs the question of whether it’s overdue?

Vegas Odds For 2020 Presidential Race

Current Odds Favoring Biden

Odds change all the time – it’s how they work. If bettors are putting a lot of money on one outcome, the sportsbooks need to adjust the odds so if that outcome wins, they aren’t going to have to pay out too much money.

For instance, if a lot of money is being wagered on Joe Biden at -190, sportsbooks will react by moving the odds to -210. This way, if Biden actually wins, they aren’t going to lose as much money as they would if they left the odds at -190. Simultaneously, they will also change the odds on Trump, presenting the Republican candidate as a more attractive prospect for bettors.

Exactly that is what’s been happening over the last couple of weeks. Presidential Election odds have been changing constantly, making Biden an even stronger favorite. The obvious explanation for this is that bettors have started putting more money on Biden than before.

However, it wasn’t always like that. Back in February, the odds of Trump winning his second presidency were as short as -180. At the time, Joe Biden’s odds were +2,000. So, what happened since? COVID-19 happened.

Vegas Odds On The 2020 Presidential Race

What Were Trump’s Odds of Winning Before the Pandemic Started?

Betting odds depend strictly on the bettors’ behavior. Their behavior, however, depends on a variety of factions. Some bettors didn’t like the way he handled himself in the Presidential Debate, some didn’t like his recent tweets. Then, there are also those bettors who may still love the President but want to ensure they don’t end up double-losers if the Democrat wins.

Still, judging by how the odds have been moving this year, it seems that Trump’s handling of the COVID-19 situation is the key factor. For instance, we saw a major odds move the day when it was announced he tested positive for coronavirus. His odds did improve slightly when he got out of the hospital, but are still nowhere near the pre-pandemic number.

Throughout February, most offshore sportsbooks were giving -180 on Trump, but then in March the odds suddenly changed. On March 16, the Vegas odds of Trump winning went to +105. What happened? President issued new COVID-19 guidelines, practically putting the United States under a lockdown.

What Are The Vegas Odds For President

Another major odds change happened in summer when it became clear Joe Biden is going to be the candidate of the Democratic Party. That’s when his odds moved to -110 never to go back. In fact, they have been changing in his favor constantly since then.