2022 Midterm Election Odds
As we approach the 2022 Midterms, US politics are once again thrust into the public spotlight. With the 2022 Midterms set for November 8, election day is only a few short weeks away and will quickly become the focal point of all US news coverage. While the Midterm elections can have a major impact on how the United States government is run, it also makes for some exciting politics betting at Bovada.
As America’s leading sportsbook, Bovada has politics betting odds available on several aspects of this year’s Midterm elections, as well as the upcoming Presidential election in 2024. Betting on US politics has become quite popular over recent years and is a great way to add some extra excitement to this constitutional process. It doesn’t matter if you support the Democratic Party or Republican Party, Bovada offers betting odds for voters from both sides of the aisle.
Whether you’re looking to bet on the winning party or even the senate races of individual states, Bovada has all the betting odds you’re looking for ahead of this year’s Midterms. You can even place real-money wagers on the number of Republican senate seats following the election and the overall turnout at the polls. With election day coming up quick, let’s run through some of the more popular politics betting markets currently available at Bovada Sportsbook.
Which party will win the house in the 2022 Midterm Elections?
- Republican -1200
- Democratic +600
If you’re searching for a simple wager heading into the 2022 Midterms, betting on the winning party is as straightforward as it gets. This bet allows you to side with the Democratic Party or Republican Party as both sides seek to win a majority in the house. Looking at the betting odds displayed above, the Republican Party is the clear favorite in this year’s Midterm elections while the democrats are currently a 6:1 underdog. With that being said, things can change very quickly in US politics and we could see these betting odds shift in the time leading up to election day.
2022 Midterm Elections Turnout
- To exceed 2018 Midterm elections turnout -900
- To exceed 2020 Presidential election turnout +500
American voters have a somewhat dubious track record when it comes to showing up at the polls. The Midterms tend to have a lower voter turnout compared to the Presidential election. Over the past 60 years, approximately 40% of eligible voters went to the polls for the Midterms. This is considerably lower than the 60% turnout for the Presidential elections over that time.
With this betting market, you can place real-money wagers on the turnout of the upcoming election. It’s worth noting that the 2018 Midterms had the highest voter turnout of any Midterm since 1914 with nearly 50% of eligible voters hitting the polls. The 2020 Presidential election had an equally impressive turnout, with over 60% of voters making sure to cast their ballots.
Republican Senate Seats Following 2022 Midterm Elections
- Under 50 Republican Seats +275
- 50 Republican Seats +500
- Over 50 Republican Seats -225
The United States Senate is made up of 100 members, with two being named from each of the country’s 50 states. Taking a look at party affiliation in the senate, there are currently 50 representatives from the Republican Party, 48 representatives from the Democratic party and an additional 2 senate members from independent parties caucusing with the Democrats.
As we head towards election day, there are a number of intriguing senate races to keep an eye on across the country. The current betting odds tell us that odds makers expect the Republican Party to win the majority by taking mora than 50 seats, but you can never be sure of what will happen on election day.
Betting Odds for 2023 Presidential Election
As the leader of the free world, being named the President of the United States is an incredible honor and responsibility. While we still have two more years until the 2024 Presidential election, it’s never too early to start betting on the results. Here are some of the most sought-after betting markets leading up to the next Presidential election.
Which party will win the 2024 Presidential Election?
- Republican -150
- Democratic +120
- Any Other +2800
While we’re not yet sure who will be chosen to represent the Democratic and Republican parties, you can still place real-money bets on which side will win the popular vote. You can even vote on an independent winning the election. This is a great way to make the next two years of US politics more interesting as you follow along to see which party moves in to the White House in 2024.
Who will be the Democratic candidate in the 2024 US Presidential Election?
- Joe Biden +225
- Field -310
We are just about halfway through Joe Biden’s first term as President, meaning he’ll still have (at least) another two years in office. President Biden’s approval rating has dipped considerably since being elected and this has many political experts predicting a new candidate for the 2024 Presidential election. If you’re looking to bet on Biden being re-elected for a second term in the Oval Office, you can earn a nice payout based on his current betting odds.
Who will be the Republican candidate in the 2024 US Presidential Election?
- Donald Trump +115
- Ron DeSantis +190
- Mike Pence +1400
Turning our attention to the other side of the aisle, you can also place a bet on who will be named the Republican Party candidate leading up to the next Presidential election. Former President Donald Trump is a clear favorite at +115 but this appears to be a two-horse race with Governor Ron DeSantis not far behind at +190. There are many more candidates to bet on, with former Vice-President Mike Pence offering the next best odds at +1400.
Head over to Bovada Sportsbook now for the full list of US political betting odds, including betting markets on the 2022 Midterm elections and 2024 Presidential election.