Politics
April 26, 2024
Shaun Stack
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The Best US Presidential Election Betting Sites
Betting on the US presidential election is a great opportunity to make the election day a bit more fun. Whether you are a seasoned politics enthusiast or a casual observer, this article is designed to help you make informed choices when betting on the presidential election.
Below we will discuss the best presidential betting sites by category, how to choose the right site for you, different kinds of bets you can place, and important events to keep an eye on as we inch closer to the main event.
Our Top Sportsbooks
The Best Betting Sites for the Presidential ElectionThe Best Betting Sites for the Presidential Election
Do you want to bet on the US presidential election but don’t know where to start? We have compiled the best sites for presidential election betting and categorized them on what they do best.
Best US Election Betting Site OverallCasino Games: Slots, Video poker, Blackjack +4 moreLive Dealer: NoPayment Options: Visa, MasterCard, Bitcoins +10 moreMyBookie tops our ranking as the best US election betting site overall because they exclusively have odds for US elections. At the time of writing this, MyBookie does not carry any prop bets, making users focus on the main event. MyBookie is very straight to the point, which we can appreciate.
The odds for some candidates on MyBookie are a bit modest, but that makes it a great site for new bettors. As of writing this, Biden is standing at +145 while on SportsBetting.ag the odds for Biden are at +150 range, and Trump is standing at +192 on MyBookie while on BetOnline Trump stands at +215.
Bettors of all calibers can use MyBookie’s 50% up to $1,000 sports welcome bonus to pad out their bankroll and place long-term wagers on the outcome of the 2024 US presidential election.- Casino and sports betting site offering the best of both worlds
- Sports betting bonus of 100% up to $1,000
- Wide range of cryptocurrency banking options including Bitcoin
- 130+ slots from BetSoft, Nucleus Gaming, BGaming, and more
- Impressive selection of table games including craps and rummy
- High turnover requirements on casino bonuses
- No live dealer poker games, just an online poker room
Best for Election PropsCasino Games: Slots, Video poker, Blackjack +5 moreLive Dealer: NoPayment Options: Visa, MasterCard, American Express +14 moreBetOnline is the single best choice for those who like tons of fun prop bets to choose from. BetOnline has an amazing selection of prop bets aimed specifically towards US election bettors.
You can place a myriad of prop bets ranging from when Trump is going to tweet next and which word he will tweet, if Hunter Biden will move to China, and if Joe Biden is going to complete the full first term. Political events can be stressful, so it’s important to not take the betting odds too seriously. BetOnline certainly offers a wide range of exciting props for bettors on either side of the party line.- All-in-one casino and sportsbook with excellent live poker rooms
- 100% welcome bonus up to $1000 can be claimed up to three times
- Excellent range of deposit methods including crypto, credit cards, and transfers
- Free deposits and withdrawals with Bitcoin and other cryptos
- Dedicated racebook with live betting
- Wide range of video poker and obscure/ specialty games
- Available to players in all 50 US states
- Bonus turnovers are as high as 45x
- Limited options for non-cryptocurrency withdrawals
- 9.75% charges on deposits made with cards
Comparing the Best US Presidential Election Betting SitesBest for Debate BettingCasino Games: Slots, Blackjack, Video poker +4 moreLive Dealer: YesPayment Options: Bitcoins, Bitcoin Cash, Cardano +10 moreSportsBetting.ag comes in clutch as the best election betting site for debate betting. You can bet on a number of scenarios, ranging from how many times a candidate will use a word to how long the debate will be, and even how many times a candidate will cut the other one off.
Betting on the debates leading up to the election is a great way to make the most out of the election season. SportsBetting.ag also offers odds on a number of other topics, such as Iowa Caucus, Primary Season Specials, and New Hampshire Primary.
Plus, users can pad out their bankroll with up to $1,000 in bonus cash using SportsBetting.ag’s 50% deposit bonus.- Sports betting, casino games, online poker, and esports all in one place
- Wide range of promotions, including welcome bonuses, reload bonuses, free bets, and contests
- Access the site from your mobile browser or download the SportsBetting poker app
- Large variety of banking options, including a whopping 12 cryptocurrencies
- High deposit and withdrawal limits
- E-wallet banking methods not available
- While poker traffic is decent, it falls in the medium range
- Varied transaction fees for most payouts
Comparing the Best US Presidential Election Betting Sites
Here is a brief comparison to help you pick the best election betting site for you.
How We Rank Election Betting SitesBetting Site Welcome Bonus Minimum Deposit Types of Election Bets Read Review MyBookie 50% up to $1,000 sports welcome bonus $50 ($45 for casino bonus) Futures, moneylines, parlays, if bet Read Our Review BetOnline 50% up to $1,000 sports welcome bonus $55 ($25 for casino bonus) Props, futures, moneylines, parlays, if bet Read Our Review SportsBetting.ag 50% up to $1,000 sports welcome bonus $55 ($25 for casino bonus) Props, futures, moneylines, parlays, if bet Read Our Review How We Rank Election Betting Sites
We take great care in evaluating election betting sites before recommending them to you. Our ranking process involves a vigorous testing of various aspects you can read up on our how we rank page.
When looking at election betting sites, we check the following criteria to finalize our rankings:
How to Choose the Right Election Betting Site for YouHow to Choose the Right Election Betting Site for You
Choosing the right election betting site is a personal process since not everyone expects the same qualities from a site.
This is why we prepared a few quick questions a new bettor might ask themselves to help you better determine what you might need from a site.
What Are the odds on your candidate of choice?
If you want to get a better bang for your buck, we suggest shopping for lines on various election betting sites to find the best odds for your candidate of choice.
For example, right now Biden has +145 odds to be the next president on MyBookie while on BetOnline his odds stand at +150. This makes BetOnline the slightly better choice if your candidate is Biden.
Can I wager on the day of the election?
Since sportsbooks like to post odds for the election day years in advance, betting for value becomes harder. The odds will change a lot until the day of the election, it is generally a good idea to wait until a window of opportunity arrives.
Election betting sites like BetOnline and SportsBetting.ag lets users bet on the day of the election.
What Is my preferred banking method?
There is nothing worse than signing up to a site and realizing they don’t accept your preferred banking method. For the crypto users, BetOnline is great choice since they accept Bitcoin, Ethereum, and Dogecoin.
If you like to stick to using debit/credit cards, both SportsBetting.ag and MyBookie are excellent choices.
Understanding the US Presidential Election ProcessUnderstanding the US Presidential Election Process
Before signing up on betting sites for the presidential election and placing your wagers, it is crucial to understand how the election process works. Though it won’t affect your betting experience with a site, knowledge is power and knowing how the election is carried out will help you strengthen your betting strategy.
Here are some of the important things to know about the US presidential election:
- When the Election Is Held
- Key Dates and Events Leading up to the Election
- The Two Major Parties
- How Votes are Cast
- How a Winner is Selected
When the Election Is Held
The US presidential election is held once every four years on the first Tuesday after the first Monday of November. This is a tradition that dates back to the country’s roots, and it was selected so that the people would know the results in time for the new year.
The presidential election will be held on November 5th, 2024. You’ll have a rough estimate of who the winner is by the evening of the 5th, but it often takes a few days for all votes to be counted and the numbers to be finalized.
Key Dates and Events Leading up to the Election
There are key dates and events leading up to the day of the election that play a significant role in shaping the outcome. Here are some of the most important:
Event Description Historically Held 2024 Dates Primary Debates The parties hold primary debates where multiple candidates from each party participate in structured debates. 1 year before Election Day Republican Primary Debates: Aug. 23, 2023 and Sept. 27th, 2023
Democrats will not hold a primary in 2023Iowa Caucus The Iowa Caucus system is a structured preliminary voting system in Iowa that often provides an early indicator to the outcome of the presidential election. 9 months before Election Day Republican Caucus: January 15th, 2024
Democratic Caucus: March 2024Super Tuesday Both Democratic and Republican primaries are held in 13 states, making it the largest primary voting day in the election process. February or March of Election Year March 5th, 2024 Republican National Convention (RNC) An event when the Republican party will select their nominees for president and vice president. Summer of Election Year July 15-18th, 2024 Democratic National Convention (DNC) An event when the Democratic party will select their nominees for president and vice president. Summer of Election Year August 19-22nd, 2024 Presidential Debates There are customarily three presidential debates and one vice presidential debate leading up to the election. 1-2 months before the election TBD Election Day The general election for the President of the U.S.A. Tuesday after the first Monday of November November 5th, 2024 The Two Major Parties
There are two major US political parties: the Democratic Party and Republican Party. Which means there will be two major candidates running for presidency, representing their respective parties.
Both parties have a rich history that started during colonial times. In modern US politics, both parties alternate in popularity. There are also third-party candidates listed on the ballot, like the Green Party or Libertarian Party, but historically, none of them have ever come close to winning the general election.
How Votes Are Cast
There are three different ways US citizens can cast their votes for the presidential election. The first and the most popular option is in-person voting in a local polling station. The second option is by mail, which allows US citizens living abroad to cast their votes.
The last way people can vote is via early voting. US citizens can get their ballots early then bring them into the local voting office to save time on Election Day.
How a Winner Is Selected
The US presidential election outcome isn’t solely determined by the popular vote due to the Electoral College system, which assigns electoral votes based on Congressional Districts and the US Census.
Certain states will award more electoral votes than others, this plays a significant role in the final outcome of the election, especially in states that tend to switch between a Democratic and Republican majority.
Ways to Bet on the US Presidential ElectionWays to Bet on the US Presidential Election
As with any kind of betting, the US presidential election comes with different types of wagers. If you are an avid sports bettor, you’ll already be familiar with these wagers but here is a quick look on the most commonly used bets in the presidential election:
Futures
Futures bets revolve around predicting outcomes of events well before the event is scheduled to take place. Instead of negative odds, all futures bets have + odds, with some being much larger than others to show risk.
Moneylines
Moneyline bets are very straightforward, you simply predict who is going to win the election. The moneyline odds are usually presented as a positive or a negative number, which indicates the risk or potential profit of the bet. In this example, you’d have to wager $120 to win $100 on the Democrats, or wager $100 to win $100 on the Republicans.
Props
Props are the most exciting type of wager out of the bunch, since you can bet on seemingly anything. They are specific wagers that are often unrelated to the final result and you can bet from what the candidates will wear to what time the winner will be announced.
Election Events to Pay Attention toElection Events to Pay Attention to
There are various events leading up to the actual election that will affect the odds of your chosen candidate. It is a good idea to keep your eyes peeled to catch the best odds for your candidate as the political news builds up.
Odds can change on a dime based on the results of a debate or something a candidate says online. Here are some events we think you should look out for:
Primary Elections and Caucuses
Primary elections and caucuses are crucial event leading up the US presidential election. This is when parties vote for their candidates, thus kicking off the election betting.
Some candidates will be instant favorites so their odds will be lower than the unfavored candidates. However, keep in mind that odds continue to change until the result of the election is announced.
Presidential Debates
Debates are when candidates discuss their policies, ideas, and engage with each other in various structured formats. Debates offer a unique chance to see candidates side by side and help voters make their pick based on the candidates’ stances.
These debates greatly shape the narrative of the public as well as the election betting odds so it is especially important that you keep up with the presidential debates and news that come after.
Campaigns
Campaigning allows candidates to advertise their views and engage with voters, building a solid support for their candidacy. Campaigning comes in many shapes and forms, mainly rallies, town hall meetings, speeches, digital campaigning, television appearances, and fundraising.
The candidates will especially focus on swing states since the outcome is less predictable and every vote can make a significant difference. Keeping a close watch on the how the campaigns are affecting public opinion is crucial since campaigns play an important role in the outcome of the presidential election.
How to Place a Wager on US ElectionsHow to Place a Wager on US Elections
Placing a bet on the US presidential election is fairly straight forward, especially if you have placed bets on sports before.
Assuming you have signed up on one of our recommended presidential election betting sites, here are the steps you need to take:
Tips for Successful Election BettingTips for Successful Election Betting
If you are eager to bet on the US presidential election, we will equip you with our best election betting tips to make sure you are on top of your game.
Political Betting NewsPolitical Betting News
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