Political Betting

2021年4月12日
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Richard, Thank you. I think interesting times ahead in Scottish politics, so should be fun. Hope all well with you and your family rgds Malcolm. The political section of our blog can help with some picks, predictions, and analysis of all major American elections and other political betting opportunities. Jerry Summer He’s made a living out of both playing poker and betting on sports. Presidential politics and political news from foxnews.com. News about political parties, political campaigns, world and international politics, politics news headlines plus in-depth features. Politics betting often unavailable offline Many brick and mortar bookmakers do not offer political betting (because of local laws), so online political betting is often your only option. Those are just a few of our favorite reasons to gamble on politics online. Betting on elections outcomes has grown so much in popularity that there are even instances where political betting steals some of the spotlight from the sports world, as the appeal is generally much more widespread when compared to sports.
Certain people find politics to be a fascinating subject. They enjoy listening to debates and rooting for their favored candidates to win at the polls.
Some of these same political enthusiasts even enjoy gambling on the races. As a result, many bookmakers throughout the world offer politics betting.
Is Las Vegas one of the places where you can gamble on politics? I’ll answer this question below along with more on the subject of political gambling.Nevada Doesn’t Allow Political Betting
Las Vegas is home to the world’s most-lucrative sports betting market. It offers dozens of bookmakers that accept wagers on everything from basketball to ping pong.
You won’t be at a loss for things to wager on in Sin City. However, politics is one of the few things that you can’t gamble on.
The state of Nevada has never approved this type of wagering. They don’t appear likely to do so anytime in the near future either.
The Nevada Gaming Commission received a request to allow politics gambling in 2013. They quickly denied this request.
Since then, no serious push has been made to legalize this form of betting. Nevada stands firm on that they don’t want sportsbooks offering these types of lines.Why Doesn’t Nevada Approve of US Political Betting?
The Silver State has very good reasons for not approving politics wagering. You can see the gaming regulators’ main issues with the matter below.Potential Voter Manipulation
Corruption fears have always been a hot topic with regard to sports betting. In fact, these fears kept sports gambling illegal on a federal level for 26 years.
Only when the Supreme Court repealed PASPA did other states outside of Nevada (grandfathered into PASPA) gain the ability to legalize sports wagering.
Nevada has never really concerned itself with sports corruption. After all, they’ve offered sports betting since 1949.
However, state officials are worried about voter manipulation if they were to allow political betting. The following two issues can arise with this type of gambling:
*A person or group could heavily wager on a specific candidate to boost party morale and inspire more people to vote on that candidate.
*Voters might not visit the polls if their favorite candidate carries long odds of winning.
The “Romney Whale” incident highlights the issues with this problem. In the 2012 US Presidential Election between Barack Obama and Mitt Romney, somebody bet an estimated $4 million to $7 million on Romney winning.
Academic research speculates that the anonymous gambler was trying to boost Republican morale and make it seem like Romney had a stronger chance of winning.
Regarding the second issue, more people will vote on their preferred candidate if they don’t know the odds ahead of time. But if they see that their favorite is a long shot, they might not feel like there’s a reason to vote.Unethical
Politics are about people exercising their freedoms to vote. They also encourage people to choose the most-adequate candidates.
Traditionalists don’t feel that gambling has any place in this realm. They want fair races that aren’t tainted by betting odds.
Gambling has gained more acceptances within recent years. However, many still consider it a vice.
Those who already disapprove of gambling are highly unlikely to accept wagering on politics. Nevada candidates who rely on conservative voters aren’t going to push for political gambling.Bad Precedent
Nearly two dozen states currently offer legal sports betting. However, none of them let their residents or visitors wager on political races.
By regulating this form of gambling, Nevada would be the first to embrace it. They may not want to set this kind of precedent, though.
Of course, the Silver State was the first to legalize casinos and sports betting. Approving politics gambling wouldn’t be entirely crazy when considering their history.
But Nevada also has a thriving gambling industry as it is. They don’t feel the need to approve of such a controversial measure right now.Has Political Betting Ever Been Legal in the US?
Political gambling may feel like a new fairly new subject. However, it has actually been around since the earliest days of the United States.
This form of wagering has a lengthy history dating back to the early 1800s. Many adults placed wagers on which presidential candidate the thought would win.
By the mid-1800s, many states had banned all forms of gambling. Therefore, wagering on political races or anything else was illegal.
Nevertheless, people continue to bet on politics. Research shows that this gambling has always been prevalent in the US to some degree.The first state to officially approve politics betting was West Virginia. They did so in April 2020 in what was later deemed to be a “mistake.”
West Virginia was one of the first states to take advantage of sports betting after PASPA was repealed in 2018. Politicians handed oversight over the industry to the West Virginia Lottery.
John Myers, who heads the state’s lottery, gave approval for legal political gambling when responding to a request. FanDuel promptly began offering odds on the 2020 US Presidential Election.
However, WV Secretary of State Mac Warner told Myers that he adamantly disapproves of such gambling. The West Virginia Lottery quickly took political betting off the table and asked FanDuel to stop offering presidential odds.Political Betting BlogWill Nevada Ever Change Its Mind?
Outside of a brief occurrence involving West Virginia, no state has ever offered legal political gambling. Will Nevada change their mind on the matter and become the first?
If so, they probably won’t do it anytime within the next 5 to 10 years. The US sports betting market is still fairly young and has lots of potential.
Unlike the UK, which does allow politics betting, the US features a sports wagering market that’s only a few years old. American bookmakers will continue to milk staple sports, like baseball, basketball, and football, as long as they’re highly profitable.
As the betting market matures, though, it will likely become saturated. This is exactly what has happened with the UK, which began offering legal sports betting in 1961.
This country allows gambling on pretty much anything from politics to entertainment. Nevada and other American states may feel the urge to follow suit as more and more bookmakers crowd the US market.
For now, though, Nevada still doesn’t need this sort of wagering. The Silver State still makes more than enough money off sports betting.Where Can You Bet on Politics in the Meantime?
If you’re an American, you currently don’t have any regulated options for gambling on politics. But you do possibly have some routes for enjoying it.
First off, plenty of offshore bookmakers still serve the US. They operate in states with grey markets that haven’t legalized sports betting.
The same bookmakers don’t operate by American laws. Instead, they’re based in locations, like Belize or Costa Rica, where they deal with little oversight.Offshore sportsbooks have been offering political gambling for years. They feature odds on the US Presidential Election and other notable races.
Assuming you live in a grey market, you can easily access unregulated bookmakers. You may even be able to do so if you live in a regulated state, such as New Jersey or Indiana.
I’m not encouraging you to break any laws within your jurisdiction. I’m merely pointing out how easily accessible political gambling is across most of America.
Another option involves visiting a country that does allow wagering on politics. The UK has the most robust number of political lines.
Of course, you’re unlikely to fly across the Atlantic Ocean just to bet on who will be the next president or governor of California. But the option is available if you’re ever in the UK.Conclusion
Las Vegas features the largest selection of sportsbooks and odds in one place. However, they don’t offer politics betting.
The Nevada Gaming Commission has yet to approve this kind of gambling. They rejected the only request they’ve received on the matter in 2013.
No recent news indicates that the Silver State will change their mind anytime soon. No other states have regulated political gambling either.
Attitudes may change in another decade. But for the current time, you won’t be able to enjoy legal political gambling in Las Vegas or any other US location.
Learn how to legally bet on the Presidential Election and other Political events in the US.
Legally betting on politics is one of those intriguing niches within the gambling industry, and unbeknownst to many bettors, political wagers can end up yielding a nice hefty payout if you place your bets right.
As a larger range of people have become more politically aware and involved during the last two presidential elections, the bettor base has expanded exponentially. Based on this steady growth in legal politics betting, we decided to include this gambling platform as one of the topics covered in our guide.
The irony of betting on the elections and events associated with those politicians attempting to outlaw gambling is not lost on the American people. However, it is still prudent to make sure you understand the legalities surrounding political betting, and what legally sanctioned options should really be considered.
Legal Status For Betting On Politics In America
Many players just want a simple explanation as to whether or not it is legal to bet on politics in the United States. The short answer is yes, betting on political events online is legal in the US simply because there are no specific federal regulations that outlaw the act of offshore gambling.
The repeal of PASPA has made things even more simple and we are likely to see both domestic and offshore legal political betting gain momentum.
Bovada is our top recommended sportsbook for betting on politics. Their lines are always competitive and comparable to the Las Vegas sportsbooks. Because Bovada caters almost exclusively to USA players, they put a lot of thought and work into creating comprehensive betting lines and odds for those who enjoy betting on US politics. They also sometimes cover big elections in other countries.
In addition, Bovada is a full-service online sportsbook, poker site, and casino. They support Bitcoin and offer same day payouts for cryptocurrency funding, as well as a nice 50% match bonus up to $250 in their sportsbook.
Pros
*Accepts USA players from most states
*Full-service sportsbook and casino
*Owned and operated by trusted Bodog brand
*Most trusted site for US players
*Fast payouts on time every time
*50% bonus up to $250 for sports
*100% bonus up to $3,000 for casino
Cons
*Excluded States: NV, NJ, DE, MDOther Top Rated SportsbooksThat Offer Political Betting Odds
The following is a list of the most reputable offshore betting sites in the industry. They pay out winnings just as fast if not faster than the US-regulated options and many of them offer some great ongoing promotions and bonuses for loyal players. The brands listed below offer futures, props, and betting lines for US politics along with a full-service sportsbook. Our sportsbook reviews page is intended to inform you of each sites pros and cons while offering an overall grade and detailing additional features.SiteReviewBonus OfferUSAVisitRead Review50% Max $250Play nowRead Review50% Max $1,000Play nowRead Review50% Max $1,000Play nowRead Review50% Max $1,000Play nowRead Review15% Max $600Play nowRead Review100% Max $500Play nowRead Review100% Max $500Play nowIs It Legal To Bet On Political Events In The US?
Yes, there are legal options for betting on politics in the US. Though state-regulated sports betting has expanded quite a bit across the country, there are no domestic sportsbooks offering political betting odds or lines at this time.
There are no US federal gambling laws prohibiting political betting at reputable, legitimate online sportsbooks operating legally outside of the United States or at domestic sportsbooks. Only two states restrict online betting at international political betting sites, CT and WA (though these restrictions remain unenforced).State Gambling Laws Affecting Political Betting
A handful of states have already embraced state-regulated sports betting, while others are in the process of doing so. State-regulated sportsbooks are not interested in covering US politics at this time, and we don’t expect that to change before the 2024 Presidential election, the senate and house elections, or the 2024 gubernatorial races.
It is perfectly legal to place bets on US or foreign politics through the trusted sites listed in this guide. Our ballot measures by state guide is a resource where you can track gambling bills to see what changes are being voted on for gambling reform in your area.
There are two states that prohibit online wagering of any kind regardless of the source, those being Washington state and Connecticut. While there is no evidence of enforcement of those restrictions, the fact remains that the laws are in place. We do not condone or encourage illegal gambling in any circumstance.2021 Political Prop Bet Odds
Even though the Presidential election sees a great deal of betting action every four years, political prop bets provide bettors a way to cash the odds of what a politician will or won’t do, and sportsbooks frequently post a variety of entertaining novelty prop bets during the lull in between election seasons. The following political prop bets can be found online at Bovada sportsbook.Gambling On Who Will Win The United States 2024 Presidential Election Race
The next US Presidential election will take place on November 3, 2024. As of now, there are no clear Presidential Candidates but online sportsbooks have odds for potential candidates.2024 Presidential Candidates
Odds available at Bovada
*Kamala Harris +450
*Joe Biden +600
*Donald Trump Sr. +800
*Nikki Haley +1200
*Andrew Yang +1600
*Mike Pence +1600
*Michelle Obama +2000
*Pete Buttigieg +2000
*Alexandria Ocasio-Cortez +2500
*Bernie Sanders +2500
*Beto O’Rourke +2500
*Elizabeth Warren +2500
*John Kasich +2500
*Mark Cuban +2500
*Stacey Abrams +2500
*Andrew Cuomo +3000
*Tim Scott +3000
*Ted Cruz +3300Types of Political Wagering Lines and Odds Offered For the 2024 Presidential Election
As you might imagine, the big bet here boils down to the big office. Who will win the Presidency is always the biggest betting line. And you can often find more than just a winner-loser dichotomy; you can actually bet on:
*Electoral vs. popular vote totals
*Winning percentages (like point spreads)
*Other variations in a single 1 vs. 1 election
You can also find betting lines on entire parties. For instance, the 2018 Midterm Elections had Republicans favored to take both houses of Congress. They kept the Senate but lost the House to the Democrats. The next midterms may be reversed or be a clean sweep for one of the two major parties.
From a local standpoint, gubernatorial and even council member races are always hot-button items on the betting circuit. You can find a range of different political events and elections on which to bet.
You can also find prop bets, which will include things like the gender of the winner, the party of the winner, a clean win vs. a run-off/recount, and even bets about legislation like health care or immigration. Prop bets also include events such as debates.
If it’s part of politics, then there’s undoubtedly a sportsbook out there with a betting line on it.Betting Odds Explained - The Most Common Types Of Betting Lines Available:
Odds for winning the 2024 Presidential Primary – This type of betting line will allow you to bet on who will win the nominations in the primary for each party. If you are participating early in the process and are placing a futures bet, your range of options may include individuals who have not yet announced their candidacy but that are active in the political landscape and are considered potential candidates.
The closer you get to the actual election, the more accurate your list of options may be. However, keep in mind that the futures bets can pay off big if you guess correctly.
Odds for Winning the 2024 US Presidential Election – Obviously, this type of betting line will concern the overall winner of the election. You will typically have a variety of associated lines, including the following:
*Odds for who will win the 2024 Presidential Election
*Odds for which party will win the 2024 Presidential Election
*Odds for which gender the winner of the 2024 Presidential Election will be
*Odds for the gender balance on the 2024 Presidential Tickets – this line is sometimes broken down by party affiliation, but not always.
Odds On Who Will Be Selected As The Vice President
In August of 2020, Joe Biden selected Kamala Harris to be his running mate and the nation’s Vice President should he win the election. Most oddsmakers had Harris as the favorite to earn the spot for the majority of Biden’s campaign.
Odds For Winning a Specific State – This type of betting line predicts the winner of influential swing states. For example, the Iowa Caucus odds start surfacing very early in the race. Other states are added closer to the actual election.
Winning the electoral votes in an influential state can make or break the election, hence these betting lines are particularly exciting and can determine the outcome of the election. The results of swing state Electoral College votes can be unpredictable, as we saw in 2012 when Obama took Florida despite the fact that Romney was the favored candidate to win the Sunshine State. We saw it again in a series of once-Democratic strongholds in the Midwest

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