Can I Bet On The Presidential Election

4/7/2022by admin
Can I Bet On The Presidential Election Average ratng: 9,5/10 4830 reviews
  1. Stossel And Lott
  2. Can I Bet On The Us Presidential Election
  3. Can You Bet On The Presidential Election In Vegas
  4. How Can I Bet On The Presidential Election
  5. Stossel Odds

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. For betting on the presidential election, you are bidding on which candidate will win. Nowadays, the best online betting sites in the industry take bets on the US presidential election. Most experts believe the 2020 presidential election will set all sorts of new records for political betting all over the world. The following US presidential election betting sites have you covered when it comes to wagering on the 2020 US election.

The United States Presidential Election is now just a day away. The general election is scheduled for this Tuesday, November 3rd, 2020. The media attention and hype surrounding this monumental election has dominated the news cycle for the past several months. Donald Trump will be running for reelection as the Republican candidate, while Joe Biden is the Democrat candidate looking to prevent Trump’s second term.

On this page I will outline our top rated betting site for Americans looking to bet on the election, look at the odds and touch on the other bets that can be made, and finish up with a simple 3 step guide you can follow to bet on the 2020 US Presidential Election online.

Best Betting Site for US Election

Features
Rating
  • Built for American bettors
  • Wide variety of competitive betting lines
  • Easy to navigate betting platform

Stossel And Lott

Review
Election

Bovada is our #1 rated betting site for Americans interested in betting on the 2020 USA Election. They have a wide variety of election related betting lines including betting on specific states and specific candidates.

US Presidential Election Odds

Here are the current odds for the 2020 United States Presidential Election from Bovada.lv (taken November 2nd):

Joe Biden is the favorite one day out from election day with odds of -185. Donald Trump is the underdog with odds of +155.

These odds will likely change in the week leading up to the election. To see the up to date odds head to Bovada.lv, open the ‘All Sports’ drop down menu on the Sports page and click ‘Politics’. All of the various election related odds will be on this page.

In addition to Trump vs Biden for President, you can also wager on which party will win the popular vote, various prop bets relating to the candidates, and which candidate will win specific states.

How To Bet On 2020 US Election From USA

Follow these three steps to place bets on the 2020 United States Election if you live in the USA.

Step 1. Join Bovada.lv

Click the above link and fill out the short form to open your Bovada account.

Bovada is our top rated betting site for Americans. They are a popular and trusted betting site that has served the USA market for many years, and they have a wide variety of betting markets available for the 2020 US Election.

Step 2. Deposit

Log into your Bovada account and click ‘Deposit’ under your account drop down menu. Choose your preferred deposit method (Visa, MasterCard, bitcoin) and follow the instructions provided to complete the deposit.

Your winnings can be withdrawn via bitcoin, bank tranfer or check through the mail.

Step 3. Bet On The Election

It’s time to place your bets!

On the Bovada website select ‘Sports’ from the top menu bar and then select ‘All Sports’ and ‘Politics’ from the secondary menu. This will bring up the page with all of the betting options for the election.

Select the bet(s) you want to make, enter your wager amount on the Bet Slip, and click ‘Place Bets’ to confirm.

If you’re new to betting I would suggest reading through some of the beginner articles on our betting guide page.

Ready to bet? Click here to visit Bovada.lv.

Tagged With : US Election • US Presidential Election betting

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 lines, given the various gambling laws around the world. There are many rules to consider depending on where you gamble from, and there are often grey areas.

So, doing this right involves explaining everything you need to know.

You will be delighted to learn that there ARE options for betting on the US presidential election legally. To the best of my knowledge, any laws that prohibit presidential election betting are aimed at those providing a gambling service rather than gamblers themselves.

While I can’t speak for every country in the world, you can breathe a sigh of relief knowing that the chances of finding yourself in trouble for betting on the election in places such as the US, Canada, and the UK are pretty much zero.

The following sites all offer presidential election betting odds and markets and have been vetted by our in-house experts. That’s means that they are safe and secure, fully-licensed, and operating legally in the jurisdictions where they are based.

You can join any one of these sites and freely bet real money on the presidential election right now. If you want to learn a little more about gambling laws in different parts of the world, and how they relate to political betting, please read on.

Gambling laws in the US have changed over the years, and many of these changes have caused more than a little confusion.

Both federal law and state law apply to gambling. Two individuals reading this from two separate US states could find that their situations are very different.

The problem is that some states have gambling laws that go back centuries, while others have never entertained the practice at all. In pre-revolutionary America, laws were introduced by moralists in an effort to crack down on gambling in places like New Orleans.

Post-revolution, frontier settlers and gold prospectors in San Francisco celebrated gambling as an elite practice before Californian laws pushed the practice underground.

Some of the basic tenets of early US gambling laws are still around today and, crazily, they can even be applied to online gambling.

The internet has revolutionized the way we gamble, and this has led to changes in gambling legislation. In May 2018, the US Supreme Court deemed The Professional and Amateur Sports Protection Act of 1992 unconstitutional and effectively gave every state the option to allow or ban gambling within state territory.

Even though gambling is now effectively legal under US federal law, the legislation governing online gambling is still tricky. It all comes down to how your state deals with betting.

Now, many states have legalized and regulated gambling, including online. But to the best of my knowledge, there are no US states that have expressly legalized and regulated presidential betting, or political betting in general.

West Virginia became the first state to offer legal bets on political races but made a quick U-turn on that decision. The reason? An 1868 state law against this type of betting would be broken.

While there is no regulated political betting at the state level, there ISs good news for those wishing to bet on the presidential election legally. There are several online sportsbooks and betting based which are based in other areas that cater to US bettors.

These sites are legal and regulated from where they are based, and there are no laws that exist that make them illegal to use. Is it legal to bet on the presidential election with these sites? Yes.

You can find out more about the sites we recommend for presidential election betting in the following blog post.

Where to Bet on the 2020 US Presidential Election

Can you bet on the presidential election? Yes! 2020 presidential odds are widely available at a number of leading online sportsbooks, including the top US political betting sites I recommend to you right here. The Biden-Trump race is on, and it’s not...

Read More

You probably expect that it is legal to bet on politics in Las Vegas sportsbooks. After all, it’s the gambling capital of the United States and you can place real money wagers on all sorts of sports events there at any given moment.

Well, your intuition would be wrong this time around. Gambling on politics is not explicitly forbidden, but nor is it is explicitly allowed.

Every betting market that Las Vegas sportsbooks want to offer must be approved by the Nevada Gaming Control Board. Among other things, this committee is there to protect the customers from betting on things that may involve unfair risk.

The gaming board has numerous rules that effectively prevent the Vegas sportsbooks from offering politics betting. The biggest issues are around the lack of clarity on when voting is over and how votes are counted. Because this information is not freely available for the presidential election, it’s a betting market the gaming board can’t sanction.

Simply put, the board is trying to avoid any betting markets that could lead to disputes or frauds. While this could change in the future, you won’t find any sportsbooks in Vegas offering wagers on the 2020 presidential election.

However, there are online betting sites for Nevada that do cover this market.

Can I Bet On The Us Presidential Election

Online gambling can be a delicate topic and every country has its own regulation on the industry. Exploring each and every one of them would take forever, so I recommend that you visit our section on gambling laws for the finer detail.

Many countries, like the United Kingdom, have fully regulated gambling industries and you can easily gamble real money on the 2020 US Presidential Election. You just need to join a betting site with a license from the UK Gambling Commission, or visit a legal bookmaking shop.

In other countries the gambling laws are less clear, and in a few places there are restrictions on certain forms of gambling. The good news is that there are no special laws about betting on politics in most countries.

If you can bet on sports or entertainment, it’s highly likely that you can bet on the presidential election legally as well.

Can You Bet On The Presidential Election In Vegas

Can You Gamble on Other Political Elections Legally?

How Can I Bet On The Presidential Election

The US presidential election is the political event that attracts the most attention on a global scale, so it’s only natural that it also draws the most wagers. However, many bookmakers and gambling sites also offer several other politics related betting markets.

You can bet on political elections from various regions, including Europe, Australia, and Canada. The laws are typically not much different from what I discussed so far.

There might be exceptions, though, as some bookmakers are restricted from taking wagers on political events where they are based.

Stossel Odds

Hopefully I’ve satisfactorily addressed any concerns you may have about whether it is legal to bet on the US presidential elections. Now it’s time to think about what wagers you want to place.

Our team is covering the 2020 US presidential election extensively, so you can find our predictions, betting tips, and other useful posts in the politics section of our blog.

The section already has plenty of information about the upcoming elections and there will be more in the following days, so stay tuned.

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