Top Tips for Betting on the US Presidential Election

| October 24, 2020 3:58 am PST
2020 US Presidential Election Betting Tips

Once every four years, the whole world goes mad during the US presidential election. It’s one of the most important events that affect the life of pretty much every human being on this planet one way or another.

I won’t go any deeper on the meaning of the elections because this is a gambling site and I intend to focus on the gambling side of the matter. More and more people are trying to make money from political betting nowadays and I believe I can help with that.

This post features my best US presidential election betting tips that cover both fundamental concepts and more in-depth advice.

These tips for betting on US presidential elections are timeless, and also apply to betting on elections in general. If you’re looking for tips and advice relating to a specific election, be sure to check out our politics betting blog. We cover elections from all around the world with the latest predictions, picks, and more.

Use Legit Political Betting Sites

The first piece of advice is pretty simple – stick to only legit political betting sites that have a proper gambling license and strong reputation. You don’t want to join a sportsbook that doesn’t intend to pay your winnings later on.

Here are some of the best options available online.

The recommended political sportsbooks above offer not only the US presidential election but other events from all over the globe. Their other advantages include high odds and limits, juicy promotions, a smooth mobile version, and competent customer support staff.

I also recommend using multiple betting sites in order to find higher odds and enjoy more promotions. All the options above are trusted operators, so you can pick any one of them for a safe gambling experience.

Explore the Betting Polls

One of the most obvious factors you need to consider in your preparation for betting on the US presidential election would be the polls. We all know that they aren’t always correct and the polls from 2016 are the best example of that.

Hillary Clinton was supposed to win based on most of them, only for Donald Trump to snatch the presidency at the end.

Historically speaking, that was one of the exceptions and the Democratic candidate did win the popular vote. That’s why you should certainly consider the polls in your analysis, just be careful not to rely only on them.

You should also explore polls from different sources to get the full picture. That would help you avoid biased numbers or results that were skewed because of a small sample size.

Don’t forget to check the trends as well. Take a look at how the polls change over time to get a sense of the public opinion’s direction. If you catch a large movement just when it’s starting, you could get an excellent price for one of the two candidates.

Follow All Major Events That Could Affect the Elections

If you are going to place real money wagers on the US presidential election, be prepared to follow all major events across the world. Every peace treaty, speech, or meeting could make a change.

In the current day and age, every step of the candidates is followed relentlessly and they could win or lose votes in a heartbeat.

When betting on anything, it’s important to stay informed about what’s going on and react to any event that could affect the eventual outcome.

You should pay special attention to the presidential debates as well. We often see large swings in the votes based on the performance of each candidate.

The other important factor here would be to use the power of social media. All candidates have Twitter nowadays and such platforms are often used to deliver messages to the voters. Stay tuned to the latest developments in each campaign by regularly checking social media.

Don’t Forget That The Parties Are Involved

We often get sucked into the persona of the candidates in the modern US presidential election. You can sometimes get the feeling that this is not a political event but some kind of a popularity contest that gets decided by the character traits of each contestant.

In reality, both candidates are supported by their respective parties. The Democrats and the Republicans have powerful structures that work tirelessly to help their representative.

There are cases in which the one party is not united behind its candidate and that could decide the election. Make sure to consider how strong the support of each organization is in your analysis.

I think that’s one of the most important US presidential election betting tips here, as most people tend to forget the influence of the parties.

Look for Patterns in Previous Elections

Successful gambling is often about finding patterns. That’s why one of my election betting tips is to try to identify and relevant patterns that might exist.

You should always explore previous elections to understand how the whole process went down. You could find trends that are similar and could have the same effect in the current edition of the election.

Even if that’s not the case, going through the previous elections with all of their twists and turns will improve your ability to sense changes and find valuable bets.

More Politics Betting Tips

I’ve covered the most important tips for betting on the US presidential election, so it’s time for some general gambling advice on politics. The following rules are easy and simple, but they could make a huge difference.

  • Bet for value: don’t simply try to guess what’s going on, evaluate the probabilities and look for the value bets.
  • Avoid any bias: you may have strong feelings towards a certain candidate or a party, but you shouldn’t let them affect your judgment. Always try to stay objective with your bets.
  • Don’t bet what you can’t afford to lose: staying within reasonable limits is crucial for all types of gambling, so political betting is not an exception. We have some bankroll management tips that can help with this one.
  • Explore all betting options: the best betting sites usually have plenty of props and some of them could be better than the main markets, so don’t overlook them.

I hope that my political betting tips can help you improve your results in the long run. If you want to add some of your own betting advice, I would love to read it in the comments section below.

Jerry Summer

Jerry Summer has a wide-ranging interest in gambling and the gambling industry. He's made a living out of both playing poker and betting on sports.

The English Premier League and the NBA are among Jerry's primary areas of expertise. He's knowledgeable about many other sports, too, along with poker and several casino games.

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