Commander Luke Barnett
Communications Officer of PlayersBest.com CA
Communications Officer of PlayersBest.com CA
No matter where you may find yourself in the universe, the lure of US politics will keep you on an Earthly trajectory. The sheer tenacity and intricate happenings of the election process – from start to finish – provides you with an intriguing, and ever-changing, betting phenomena. It’s possible to simply back your favorite to win the presidential US election 2020, or bet on a number of different outcomes.
By following the US election polls, it’s possible to place bets on the eventual winner. However, there’s more to betting on politics than simply checking up on the latest polling numbers. Our coverage of US politics betting will begin to unravel this relatively new, yet highly anticipated, betting option.
US politics can be overwhelming to a newcomer. Although it’s always a 2-horse race at the end of the day, there is much beneath the surface of US politics. With a complex betting process and a number of factors to take into account, applying a US politics betting strategy is certainly necessary. At PlayersBest.com, it is our privilege to explain US politics in more detail whilst providing a strategy for those keen on placing bets.
There are two main parties in the US; the Democrats and the Republicans. Each party will nominate a candidate that they believe should run for president. In 2020, the incumbent Donald Trump, is running for re-election. On the other end of the spectrum, is Joe Biden who is backed by the Democrats.
These two have been on the campaign trail for nearly a year now. As the general election approaches, many voters have made up their minds as to who they’ll vote for. However, there are those that are planning on abstaining while others sit on the fence. Given the volatile nature of the US election polls, a lot can happen from now until the 3rd of November. Due to this, and the fact that there are a number of different bet types that cover US politics, betting on the US elections 2020 has gained massive traction. Understanding what type of bets you can place is another step closer to formulating a viable strategy.
There are a number of different bet types you can apply when betting on US politics. Choosing a bet type is straightforward and you can follow the same online process as you would for placing a bet on the outcome of a particular sport.
The first bet type is the simple moneyline bet. This type of bet deals strictly with two possible outcomes. For instance, you can bet on the party that you think will win the presidential election of 2020. Let’s assume that the latest odds are:
The Democrats are favorites in this scenario at -110 while the Republicans are sitting less pretty at odds of +120. However, if the Republicans remain in office, the payoff will be $120 for each $100 wagered.
This type of bet deals with wagers that will be decided at some point in the future (specified date). Keep in mind that most political bets are known as futures bets.
According to these odds, Joe Biden is favorite to win the election. In order to win $100, you’ll need to bet $125. On the other hand, Donald Trump has been underwhelming in the lead up to the election and is the underdog. By betting $100, you’ll win $140 if Donald Trump is re-elected. There are a number of other selections one can make. However, as the election is around the corner, the chances of these bets being a success are far less likely; near impossible.
These bets, commonly known as “props”, allow you to bet on a wide selection of political outcomes that fall outside of the main electoral contest. These bets are far-less strategy intensive and you’ll be able to bet on anything from how many times Trump will tweet in any given day to actual changes in economic and social policy.
Placing a bet on US political outcomes may seem rather simple after having looked into the available bet types. However, it is important to apply some modicum of a strategy in order to leverage the best odds at the right time. Keep track of your betting checklist so as not to get lost in a black hole filled with social dissonance and political miscues.
If you follow the election process from the start, you’ll know a thing or two about the primaries and caucuses. Here, candidates are put forward and each party decides on the best possible candidate that will run for the presidency. Internal conflict amongst members of the same party and political discord provide great insight into possible eventualities along the road. It’s a great time to start structuring your strategy and you might even pick up on a pointer or two that others happen to miss. From the onset, you’ll also be exposed to some interesting political betting markets before you set your sights on the main prize.
Getting your timing right is part of any successful betting strategy. But, this will require you to follow political developments closely. Added to which, you might even need to foresight to predict an outcome in order to really capitalize. Throughout the election process, there are twists and turns. As these developments come to the fore, one party or candidate will fall out of favor. Inevitable, this candidate will make a comeback in the following weeks or months. Predicting these developments will allow you to place bets at the correct time in order to maximise your odds and associated returns. If you can cash out your bets on your chosen betting site, then even better! This allows you to really profit off major swings in public sentiment.
Getting data from US election polls is still a useful resource. Although things were missed in the 2016 election, there is much to be said for national polling statistics. Historically, the polls have been rather accurate in identifying the ultimate winner in the US elections.
Reading and staying abreast of current news is another way to enhance your betting structure and tailor it accordingly. However, many people base their ideas on what is purported in the media. To a certain extent, this can help, but if you happen to follow an outlet that stands for one ideological standpoint, you might fail to foresee developments on the other side of the fence. Canadian news outlets are less prone to this and thus you should not have to worry about falling victim to this.
When there are only two possible outcomes, then you certainly won’t find massive odds on a victory. This is especially true when you are betting on one of the two possible parties to win the election. You’ll find long odds directly before election day, but this will mean backing what many consider an outright loser. So, the best way to counter this is by getting in early and picking a winner from the start. Thus, you’ll be able to take advantage of decent odds before any certainties kick in.
If betting on the US elections does not entice you as you first thought, there are a number of other political events you can bet on. The world of online betting provides you with a plethora of betting options from a number of different countries. However, betting on the US election 2020 is an exciting and adventurous endeavour. Keep in mind that betting on the next president is the best way to secure decent odds and realize a substantial return on your wagers. For those of you who prefer betting on less important outcomes, stay tuned with all the latest prop bets on the top betting sites.
As is clear, betting on the US election polls is an exciting prospect. Ever since the 2016 elections, it’s become clear that the usual US election predictors – national polling and the media – aren’t always correct. This is great news for online betting. As betting on politics continues to grow in popularity, it’s important to arrive early and eager. This way, you’ll be able to take advantage from the onset and capitalize on developments throughout the election process. There’s certainly great opportunities for those astute political observers and newcomers, too. Keep in mind that applying a US political betting strategy will certainly allow you to increase the possible payouts on a wide variety of bets and eventual outcomes of the US election 2020.
Much like our sports betting strategy, we aim to provide you with a wealth of betting information for your convenience and growth as a complete bettor. Stay in the loop with PlayersBest.com for all your betting needs and the latest news from the gambling galaxy.