US Presidential Betting

SHARE

US Presidential Betting

The US presidential elections determine who will land one of the most powerful jobs in the world. With plenty of twists and turns guaranteed in every election, predicting the outcome may seem tough, but there are lots of ways to make a profit from the process.

Betting on the Candidates

Before the race starts, there is profit potential in the candidate selection process: the primaries and caucuses in which party members elect delegates to vote for their favoured candidate. These contests receive lots of media attention, making it easy to keep track, and they're full of events for savvy gamblers to take advantage of.

Take the Republican Primary: the opening votes in Iowa and New Hampshire tend to bring underdogs to the fore, shaking up the campaign (and the odds) against the favourite. But, unlike the Democratic Primary, Republican candidates then face the "firewall" of South Carolina. The state has served as a barrier to insurgent party members since it was conceived by Republican strategist Lee Atwater in 1980. It ruined Bob Dole's campaign in '88, it stopped McCain in '99 and repeatedly holds firm.

Knowing how these key events function is an excellent way to extract value from the fluctuating odds, but more valuable still is spotting when these trends don't hold, as was the case with Mitt Romney and Newt Gingrich in 2012. Gutsy gamblers can make serious money by calling upsets like these.

Predicting a Winner

The passion and pageantry that accompany the lengthy election process in the USA is alluring, but US presidential betting is sometimes about cutting to the core of the issues to call a candidate early.

For example, in the 2012 elections Obama was the early favourite to win and secure his second term, despite facing slumps in the polls and problems with the economy. Being able to see through those problems and avoid the allure of the underdog would have bagged favourable odds nice and early.

We can point to similar situations with the re-elections of George W. Bush in 2004, despite rising tensions over the 2003 invasion of Iraq, and of Bill Clinton overcoming the negative PR of the Lewinsky Scandal to win re-election in 2000. So history does repeat itself.

Playing the Odds

While some gamblers see through campaign spin and media storms, others embrace them as opportunities in themselves.

By engaging in arbitrage, shrewd gamblers can maximise the odds they get in any given situation. This means backing candidates while odds are long, and laying (betting against them) while they're short. So, for example, backing Obama while he's touted as pre-election favourite isn't ideal, but backing him after a negative poll would give much longer odds.

It's a risky strategy, but can land big profits. If your online gambling site gives you the option of cashing out your bets, you can even make a profit before the election is over. This is done by backing a solid candidate in a difficult period, when the odds are long, then cashing out when the storm has passed.

Spotting Trends

Those of you who lean towards statistical modelling might want to look towards polling and election "issues" to call the trends. Blogger Nate Silver famously predicted the 2012 US election result with alarming accuracy. It prompted many to helpfully break down his approach, which, it's speculated, largely involved factoring local and national political issues into local voter polls – a sensible and systematic approach to finding a winner.

A less serious approach involves omens. For example, since 1980 the candidate who sold the most Halloween masks has always won. Or the strange connection between the Redskins and the presidency; apparently, if they win their last home game before the election, the party in power will stay there.

Either can form a basis for a profitable, and fun, betting strategy.

Alternative Markets

If all these ideas have your head spinning, there are lots of other markets to investigate, and simplify the process. For example, 888 Sports lets you bet on the gender of the next president, and the winning party, while Betfair Sports asks punters whether Kim Kardashian will run for president.

For more markets and all the latest US presidential betting odds, visit 888 Sports today!

Recommended Betting Sites

Betting Strategy Articles


Bookies Lean Towards DeGale Bringing the WBC Belt Back to Britain
Bookies Lean Towards DeGale Bringing the WBC Belt Back to Britain

This weekend sees the long-awaited unification fight between James DeGale and Badou Jack to determine who is top dog in boxing’s super-middleweight division. Will DeGale back up his claim for a "massi ... Read More

Too Many Teams? Check Out What Teams Punters Should Back in the Africa Cup of Nations
Too Many Teams? Check Out What Teams Punters Should Back in the Africa Cup of Nations

It remains something of a hidden gem in the football calendar, but the biennial African Cup of Nations should really be a fixture in any self-respecting punter’s almanac. Why? Because some of the worl ... Read More

Top Bets to Consider During the Australian Open 2017
Top Bets to Consider During the Australian Open 2017

The first Grand Slam tennis tournament of 2017 kicks off 'Down Under' as hundreds of tennis players descend upon Melbourne, determined to start the New Year with a bang. The local spectators will be r ... Read More

Should Punters be Backing Underdog Clemson Against the Tide?
Should Punters be Backing Underdog Clemson Against the Tide?

Reigning champions Alabama Crimson Tide have surged through the competition to win their place in the College Football Playoff National Championship. The team they beat to claim the 2015 title, the Un ... Read More

Should Punters Trust Saban and the Tide to Repeat in College Football Playoffs 2016?
Should Punters Trust Saban and the Tide to Repeat in College Football Playoffs 2016?

Romanian pop artist Nicole Cherry is scheduled to perform at halftime during the 2016 College Football Playoff National Championships at the Raymond James Stadium in Florida, but what everyone really ... Read More

Top 10 Contenders for Christmas Number One 2016
Top 10 Contenders for Christmas Number One 2016

The battle for the Christmas Number One Single is as much a part of the festive season in the United Kingdom as mince pies and the Queen’s Speech. The festive charts have been dominated by X Factor wi ... Read More

Betting Navigation

Newsletter

Sign up for the free Gambling.com Newsletter to stay on top of all the best bonuses!
We will never share or misuse your personal information. Privacy Policy

Latest Betting Strategy

Betting Guides

Country Guide