President Donald Trump and Democratic Nominee Joe Biden face off in a heated final US 2020 Presidential Debate ahead of the election on November 3rd.

Who will win – Joe Biden, or Donald Trump? Picture: Jim Watson and Saul Loeb, AFPSource:AFP

See maps and real-time presidential election results for the 2020 US election. Betting Tips for US Presidential Election 2020 When you look at the movement of the betting lines and the polls, there looks to be only one winner. Trump continues to dig himself a hole while Biden, without really standing out at any point, could win the vote just based upon.

The US election is fast approaching – and as November 3 draws nearer, millions of eyes have turned to betting agencies for clues as to who will win.

While bookmakers are always at the centre of attention in the lead up to elections and major sporting matches, speculation has reached a fever pitch this time after the polls sensationally tipped a landslide Hillary Clinton victory in 2016 – only for Donald Trump to ultimate claim the top job.

In 2020, many are seeking an alternative way of predicting the possible outcome – so here’s everything you need to know about betting on the 2020 US election.

WHAT ARE THE ODDS?

At the moment, Democratic hopeful Joe Biden is the clear favourite across the major betting sites.

In the final days before the election, Mr Biden’s odds have shortened slightly with Betfair having him at $1.45 to win.

While his edge is narrowing, many believe betting odds offer a more accurate election prediction than polls, as people have invested their own hard-earned cash in the outcome.

According to the 2020 Presidential Election Betting Odds Tracker at OddsShark, Donald Trump was the favourite back in July 2019 – but now, “Biden is a -185 favourite to win the 2020 US presidential election, with Trump coming back at +140”.

These are the odds according to some of the major betting agencies, as of October 28.

Basically, it means for every $1 you put on that candidate you would get the below in return if they won.

• Biden: $1.61

• Trump: $2.35

LADBROKES

• Biden: $1.50

• Trump: $2.70

• Biden: $1.45

• Trump: $2.96

• Biden: $1.50

• Trump: $2.75

• Biden: $1.50

• Trump: $2.70

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Joe Biden is the clear favourite – but bookies got it wrong last time around when they predicted a Clinton win. Picture: David Gannon/AFPSource:AFP

DIFFERENT BETS YOU CAN MAKE

All eyes are on the big one – whether it will be Joe Biden or Donald Trump in the White House for the next four years.

But there are also a string of other bets on the table.

For example, bets are also being taken on the number of electoral college votes each candidate will receive, who will win the popular vote, the state electoral college winner, the state margin, seat margin, US Senate winner and many more.

For example, Mr Trump is paying $4.50 to win the popular vote compared to Mr Biden’s $1.18 (the candidate to get the most votes across America).

In 2016, Ms Clinton won the popular vote but still lost the election.

ODDS BEFORE 2016 ELECTION

When Donald Trump took on Hillary Clinton in the 2016 election, it wasn’t just the pollsters that got the outcome disastrously wrong – the betting sites also incorrectly predicted a Clinton victory.

Betting Market 2020 Election

In fact, Irish bookmaker Paddy Power failed so spectacularly it ended up with a £4 million ($A7,399,793) bill after prematurely paying out £800,000 $A1,479,958) to those who had backed Hillary Clinton ahead of Donald Trump’s shock win.

According to OddsShark, Mr Trump’s odds to win the 2016 election were close to 5-to-1 on election day eve.

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Punters can bet on the ultimate winner as well as a sting of side bets. Picture: Kamil Krzaczynski/AFPSource:AFP

HOW TO BET

Betting on political elections is very much illegal in all 50 states in the US.

However, the same rules don’t apply in other countries, which means betting agencies based in Australia, the UK and other nations are open for business, with most companies allowing punters to place a bet online.

According to Fortune, gambling insiders are expecting the previous record set in 2016 to be broken again this year, with some bookies expecting the election to be even bigger than the Super Bowl where betting in concerned.

The 2016 Presidential election was a wild ride that eventually saw Donald Trump becoming President of the United States. Trump was a huge long shot to become President when he announced his bid, but he was able to gain support throughout his campaign and eventually become President after what most would agree was the most media frenzied Presidential Election lead up in history.

It’s now Election Day for the 2020 US Presidential Election and the hype and turnout for this election has outdone 2016. Donald Trump is running again in 2020 as the Republican Candidate, while Joe Biden is the Democratic Nominee. The Election has dominated the news in the United States with Trump and Biden going at each other through the media. This will be the most wagered on Election in United States history. If you’re a Canadian and you’d like to bet on who will become the next President of the United States here’s a step by step guide to how to get started.

Bet On 2020 US Presidential Election in Canada – Guide

#1. Open An Online Betting Account

First you will need to open an online betting account. Our top rated sportsbook is SportsInteraction.com and they currently have a few different betting options avialble for the US Election. They’re also offering a 100% up to $200 sign up bonus for new Canadian sign ups at this time. Here’s a full review.

• Licensed and regulated in Canada
• Easy deposits & withdrawals including Interac
• Competitive betting lines

I haven’t been following much, so I can’t give an opinion about who I expect to be the next President. But if you have a hunch or some inside info, just follow this guide and place your bet to win some cash.

#2. Deposit

Once you’ve opened your account you will need to make a deposit in order to have funds with which to bet. I suggest depositing $200 or more in order to take full advantage of the 100% sign up bonus offered by Sports Interaction.

Check out our deposit methods page for more information about the various ways you can deposit and withdrawal at Canadian betting sites.

#3. Place Your US Election Bets

Where To Bet On Trump

Now it’s time to place your bets. Here’s a screenshot of the bets currently on offer at SportsInteraction.com for the 2020 US Presidential Election (taken on November 3rd, 2020 – these odds may change throughout the day):

Joe Biden is now just a small favourite on election day, after being a more significant favourite for the past several weeks. Bidens odds of 1.66 indicate a 60.2% implied probability of winning the election, while Trumps odds of 2.10 indicate an implied probability of 47.6%. The extra 7.8% is the vig.

Sports Interaction also has various other Election related bets you can make including popular vote, winning party, specific state winning party and more. I suggest visiting SportsInteraction.com to see the up to date odds for all bets. I will also update this page when we get closer to the 2020 election.

Us President Election 2020 Betting

To find the US Presidential Election odds at SportsInteraction.com, you need to click on ‘Specials’ -> ‘US Elections’ in the sportsbook.

2020 Betting Markets

Ready to Bet? Click here to visit SportsInteraction.com…

Us Election 2020 Betting Uk

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