Donald Trump, like in the 2016 election, was the outsider to be re-elected, as he was priced at +162 with BetOnline.ag. Biden was the clear -190 favorite in the political betting market with BetOnline.ag, while Bovada also offered the same price for the Democratic candidate from Delaware. There was an example of that in the election in 2020, as the support for Biden surged. The odds are expected to change regularly as Election night draws closer. Meanwhile, there was also a fear that betting on elections could also have a negative impact on the number of voters that turned out. The law is there to ensure the integrity of democracy. One of the main reasons links back to the Black Sox Scandal in 1919. There are a number of reasons why betting on Presidential elections is illegal in the States. Why Vegas Odds on the US Election Are Illegal Offshore Sportsbooks for Political Betting Offshore simply means that the payment processing happens offshore, meaning players from the majority of US states can still bet on things with zero malicious intent such as who they believe will win an election.

That is why the majority of online bookmakers, otherwise known as ‘ offshore sportsbooks‘ are the way forward for those looking to bet on the 2024 Election. That is why none of the leading sportsbooks in Las Vegas have been able to offer odds on US Elections. It is illegal for sports with licenses in the US to offer odds. Those gamblers looking to find Vegas Odds for the upcoming or previous elections will be left disappointed. Betting markets for the Democratic nominee for the 2024 Election have already opened, with President Joe Biden the overwhelming favorite to continue to lead the party into 2024 and possibly beyond. Online Markets for US Presidential Online Betting Odds Presidential Candidateīefore the race for the White House is stepped up a gear, it must be decided who will be running for the Democratic party. However, the election wasn’t without its drama, as outgoing president Donald Trump vowed to fight the result and he claimed that he was the winner, despite the polls showing the opposite.Īnticipation will now rise ahead of the next election in 2024, with many questions already hanging over whether Joe Biden will get a second term, and whether Trump will return as the Republican candidate. Joe Biden won the vote and formally started his new job at the beginning of 2021.

The 2020 US Election was one of the most hotly contested in the history of the United States.

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