All eyes appear to be on political campaigns in 2020, with the United States Presidential election ramping up, and all political leaders are on edge with COVID-19 sweeping the globe. How these leaders are handling this crisis could make or break the next election, and that’s already started to show in the political betting odds.
With the Democratic nomination drawing near, everyone is on edge, wondering who will be the one to challenge Trump’s presidency, so naturally, all eyes will be on the US Presidential election until November 2020.
But what about the other political odds? There are more elections coming up, whether it’s in the UK, Europe, New Zealand, Germany or Canada. While 2020 is going to be heavily overshadowed by the US Presidential election, we can still take a look at other upcoming elections and political betting odds for years to come.
Betting on Political Odds
There’s only really one betting option available in politics - the futures bet. Political futures are essentially betting odds placed on candidates or a political party to win an election or candidacy. You are predicting the outcome and putting money on political odds for your chosen candidate.
The odds represent how likely the candidate or party is to win the race. If you see negative odds, that means that candidate is favored or likely to win the election, and if you see positive odds, that candidate is less likely to win.
The odds are always changing and usually are listed years before the actual election date. This is why it’s important to lock in your bets when you see some great value for a candidate, or in some cases, waiting can be better in case a politician drops out of the race leading up to the election. You have to have a solid betting strategy to excel in political betting online.
You can bet on a number of different futures, including the winning political party, the most seats by a political party, betting on specific bill outcomes, impeachment odds, etc.
US Political Odds
The 2024 US Presidential Election is fast approaching and news stations will be aggressively covering it until the new president is announced. Currently, against all odds, Donald Trump is leading the pack to get re-elected this fall, with Joe Biden as the most likely Democratic nominee to oppose him.
We expect the next few months under the COVID-19 pandemic to be troublesome for Trump and feel the odds could shift if he doesn’t get a handle on things in the United States. With Joe Biden close behind in the odds race, we can expect he will win the Democratic nomination and oppose Trump in the 2024 Presidential Election. Last updated on November 20, 2020:
|Odds to Win the 2024 Presidential Election|
French Political Odds
The 2022 French Presidential Election is scheduled to take place in April 2022, and odds are already out on the next French President. Emmanuel Macron is a heavy favorite to return to the office, with Marine le Pen as a close runner up. There’s still plenty of time before the next election, so we will keep the French Election odds updated as things change. Last updated on November 20, 2020:
|Odds to Win the 2022 French Presidential Election|
|Marine Le Pen||+400||+400||+400|
German Political Odds
The German Presidential Election will take place in 2022, and already sportsbooks are speculating who will be the next President after Steinmeier’s term is up in February 2022. The German Federal election will take place in October 2021, and sportsbooks currently have odds on the next Chancellor, replacing Angela Merkel who has held the seat since 2005. Last updated on November 20, 2020:
|German Next Chancellor odds|
European Political Odds
Brexit has been on everyone’s minds for the last few years, and the European Union will likely go through some political shifts over the next year or two, where coronavirus has swept their nations. There are European political odds on the next member to leave the European Union, whether there will be an EU referendum before 2021, or whether the UK will rejoin the EU between now and 2026. Last updated on November 20, 2020:
|Next Country to leave the EU odds|
Canadian Political Odds
The Canadian election just took place in 2019, where Trudeau was re-elected as Prime Minister of Canada. The 44th Canadian election will take place October 16, 2023, and while we haven’t seen any new Canadian political odds thus far, we expect to start seeing them roll in within the next year, as candidates start to prepare for their next campaigns.
Top Political Betting Online Sportsbooks
If you’re looking to place a few wagers on the upcoming election, say no more, it can be fun to put a little money on the outcome of your election - as long as your ideal candidate wins! You can find political betting odds on most online sportsbooks, but some have many more options.
Make sure you do your research and read plenty of online sportsbook reviews before you start your political betting journey, and make sure you build a strategy and stay updated on news and political events. Our online sportsbook reviews are exceptionally detailed, and we ensure we outline many important sportsbook criteria that you may have overlooked when doing your political betting research.
Making sure you find a safe and reputable online sportsbook should be your number one priority before betting on politics online. Finding an online sportsbook that offers great signup and deposit bonuses, while also offering the deposit options you need, are a few of the main tips we urge you to look for.
Whichever political party or election you decide to bet on, ensure you strategize, and have fun with your politics betting.