How to bet on presidential election
elections. With the upcoming United States presidential election, increasingly razor-thin Republican control in the House of. The US presidential election takes place Nov. 5,and oddsmakers are starting to look at other contenders outside of How to bet on presidential election Trump. Bet on Politics with Paddy Power™ and browse the latest political betting odds on a wide range of markets. ✓UK Politics Betting ✓Irish Politics Odds. Oddspedia's unique odds comparison tool will show you the best odds for your bet. These odds are always up to date as they are shown in real time. We make it.
Who is going to win the presidential election? Want to bet?
10 Best Political Betting Sites in 2024: Where to Bet on Elections Online
Remove some to bookmark this image. You are now subscribed to our newsletters. Hello User. Sign in. Sign Out. My Account. CryptoCurrencies View Less -. Elections Mint Premium View Less -. Tools and Calculators. Podcasts View Less -. Beyond being a solid gauge of voter sentiment, prediction markets offer profit potential for political observers.
Alex Nabaum Summary A political-futures website lets participants wager on presidential outcomes. He can be reached at reports wsj. Internet Not Available. Wait for it… Log in to our website to save your bookmarks. It'll just take a moment. How to bet on presidential election Yes, Continue. You are just one step away from creating your watchlist. But a small congressional race could very well be the deciding factor for who controls the US House of Representatives.
There were several congressional races in with very slim margins. Such races, argue experts including Tom Moore, a senior fellow at the Center For American Progress, have the power to affect elections for financial gain. Amid increased polarisation, tight margins, he believes, have the power to potentially sway a close election.
In the last election cycle, for instance, far-right Republican Lauren Boebert won her US congressional district in Colorado by a mere votes. But if they have money riding on it, they will be incentivised to vote [for] who they think will win the election.
In , the Pentagon had plans for a comparable platform that allowed trading on political turmoil in the Middle East. The Pentagon quickly scrapped the programme amid pressure from Senate Democrats at the time. Now Kalshi is one of the latest to face scrutiny from regulators but it is far from alone. In the last few years, the CFTC has cracked down on several platforms that offer event contracts.
A letter from the CFTC pointed out that Aristotle International, Inc — a private company — operated the market rather than a university faculty. PredictIt fought back and was ultimately successful. 
The platform is still running, although its operations are much smaller in scale. On its website, you can trade shares on who will win the Republican Iowa caucuses or the New Hampshire primary election.
As of January 9, there are bids on political events ranging from congressional races in California as well as the outcome of the November election. The platform also allows betting on whether there will be a new global pandemic by February 1, and on the outcomes of several consequential geopolitical conflicts including those in Gaza and Ukraine.
UK-based Smarkets also allows trading on US elections. Primarily focused on sports betting and United Kingdom politics, it has expanded in the US in recent years. But consumers can still bet on several political topics stateside, including the outcome of the Iowa caucuses, whether Biden will be re-elected in November and even some Supreme Court cases.
However, in October, Smarkets CEO Jason Trost announced the company would pause further expansion without explaining why and that trading is not available to US-based consumers. Now, as Trump, the Republican frontrunner, will likely face off against incumbent Biden in November, faith in elections is at record lows.
He believes that it provides an additional tool to properly forecast how elections will unfold. By Andy Hirschfeld.