House and Senate Betting Hints at Republican Success

House and Senate Betting Hints at Republican Success
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Donald Trump may have lost the US presidential election this November but the Republicans are all set to win a crucial majority in the Senate as a handful of states finalise their votes.

Trump is contesting Joe Biden’s victory with allegations of voter fraud without offering any evidence. And while the incumbent is preparing his lawyers for a court battle over the White House, the majority of Republicans are focusing their attention on Congress.

Americans were asked to vote for congressional representatives in both the House and Senate when they went to the polls on November 3 to cast their presidential ballots.

The US Congress is made up of the upper and lower chambers, which forms the national government. Often a winning president will also earn a majority in at least one of these chambers, which will greatly increase their law-making abilities and spending powers.

But the Democrats look unlikely to earn a clean sweep of House, Senate and President this year.

Bettors are already backing a Democrat House with a Republican Senate as the final votes are tallied. Here, looks at the four possible outcomes for Congress.

Democrat House, Republican Senate 1/4

Bookmakers appear to be siding towards this outcome as we near a final verdict. As of Tuesday, November 10, Democrats were just three seats away from earning the desired 218 required to form a House majority. This may actually prove to be an overall decrease in seats for the Biden camp and would likely require bipartisan politics to push through major laws.

As for the Senate, the Republicans have a 48-46 lead here with 51 the mark required for a majority. It looks likely that the GOP will take control of the upper house, which could frustrate some of Biden’s flagship policies over the next two years.

Democrat House, Democrat Senate 3/1

A coal sweep is still a possibility for the Democrats but it requires a Blue swing in the final handful of seats as yet confirmed in the Senate. It looks as though two Georgia run-off elections in January may end up deciding the destiny of the Senate here. Remarkably, so far the Republicans have failed to gain a seat from a state that voted for Trump in the presidential election. As it stands the Senate vote is on a knife-edge but bookmakers seem to be losing confidence in a Blue sweep.

Republican House, Republican Senate 14/1

With the Democrats favoured to land the House, it seems very unlikely that Congress will turn completely Red this year. Indeed, only 8% of bets on this market have been placed on a Republican House, Republican Senate outcome.

Still, the Republicans held a 53-47 Senate majority when the 35 seats came up for contest this November and the majority is expected to hold.

Republican House, Democrat Senate 400/1

Bookmakers have a Red House and Blue Senate as the least likely outcome to the US election – largely because the trends are going in the opposite direction, even though neither chamber has fully tallied its votes yet.

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