Political betting has become a massive market for online betting sites in recent years. Trump’s unprecedented upset of Hillary Clinton in the 2016 election was a catalyst for political betting’s foray into the online gambling mainstream.
Just about all of the top online betting sites have been keeping tabs on the latest developments ahead of the highly-anticipated 2020 United States election, which is set for Tuesday, November 3rd. Here’s everything you need to know about the best political betting sites offering Democratic party odds, as well as a dive into the Democratic Party as a whole. To start things off, we have included a list of best sites for Democratic party betting below.
The Democratic Party is the oldest active political party in the world. The party was founded back in 1828 by supporters of Andrew Jackson. Interestingly enough, the original iteration of the Democratic Party stood for a lot of things the modern-day party starkly opposes.
Back then, the party was in favor of things like limited government, slavery, and state sovereignty. However, things changed dramatically when Democratic President Franklin D. Roosevelt introduced his New Deal coalition in the 1930s. Since then, the party has gradually shifted toward the left, while the rival Republican Party has done an about-face of its own. The Republican Party originated supporting classic liberal policies, but it is now much more conservative than the Democratic Party.
Nowadays, the Democrats are the ones supporting liberalism. Some of the more noteworthy platforms taken by the Democratic Party as we know it today are protections for the environment, universal healthcare for all Americans, LGBT rights, and more stringent gun restrictions.
15 Democrats have won the presidency since the party’s inception. The first was Jackson in 1829, and the most recent was Barack Obama, who served from 2009 until 2017. 19 Republicans have been elected to the highest post in the land in a shorter period of time, so betting on Democrats to win the White House hasn’t been the most profitable move for political bettors over the years.
Things could be swinging in their favor, though. The Democrats regained a majority in the House of Representatives in 2018, and most political betting sites have the presumptive Democratic candidate, Joe Biden, favored to beat Republican Donald Trump in the 2020 presidential election.
What Makes a Good Online Political Betting Site?
Democratic Party Betting Coverage
You’ll have a hard time betting on the election online if your site doesn’t take bets on politics. Betting on American politics has been popular in the United Kingdom for quite some time, and the majority of major offshore betting sites carry odds on the world of politics, too.
If you’re using a betting operator based in the US, you won’t find Democratic nominee betting odds or any US political odds. That’s because American betting providers are not allowed to take bets on US politics by law. So, if you live in the United States, you’ll have to use an offshore operator if you want to bet on who wins the 2020 presidential election.
Attractive Bonus Offers
One aspect of betting real money on Democratic candidates online that you won’t find at your local casino is bonuses. Political betting sites know you have no shortage of options when it comes to gambling online. So, they try to separate themselves from the competition by offering more advantageous bonus offers than others might. Many of them even offer you the chance to double your bankroll for free simply by signing up and making your first deposit.
Not all bonuses are the same, which is why taking the time to shop around in search of the most favorable bonus offer will be worth your while.
Your local grocery store accepts a number of different payment options, so why shouldn’t your online Democratic party betting provider do the same? Sites with the best Democrat betting odds accept a variety of payment methods for your convenience, and you can work your way around certain legal limitations. Some banks won’t allow customers to make financial transactions with betting entities. So, you may need a workaround if you want to make a deposit and bet on politics online.
That’s why sites accept cryptocurrency, like Bitcoin, or e-wallets, such as PayPal, as alternative banking options. They’ll still accept most major credit cards, as well, so you should have no trouble finding a deposit method that suits what you’re looking for.
Betting on the Democratic Party
Before the Democrats officially nominate a presidential candidate, all candidates must first go through the nomination process. The party formally organizes electoral contests in all 50 states, Washington DC, and US territories. The 2020 Democratic nomination process was scheduled to run from February of ’20 until August.
The vast majority of states use a primary in order to determine how many delegates each candidate will receive. Because the primary process wasn’t outlined in the US Constitution, it has been left up to the parties to determine how to conduct these procedures.
A primary is simple. The candidate that receives the most votes will receive the most delegates from a given state. The candidate that receives a plurality of delegates from all states, territories, and jurisdictions mathematically clinches the party’s presidential nomination. In 2020, the nominee would have to receive at least 1,991 delegates to earn the nomination. Biden accomplished the feat in early June.
Primaries tend to be more predictable than caucuses. Caucuses tend to be far less organized, which can lead to some chaos, as we saw at the 2020 Iowa caucus. The results for the Iowa caucus weren’t available for several days as a result of issues with vote reporting.
At a primary, voters simply have to show up at a polling place, cast their vote, and leave. A caucus is a different, much more involved process. At a caucus, voters meet and split into groups that include other voters that plan to support the same candidate. They will then all cast votes for that candidate, while other groups will do the same.
If a certain candidate doesn’t meet a certain threshold in terms of votes, they are essentially eliminated from receiving further consideration. So, supporters of candidates that don’t achieve viability are given the choice to either leave or branch off into a different group in order to support a different viable candidate.
At the aforementioned 2020 Iowa caucus, Pete Buttigieg won 14 delegates, while Bernie Sanders took 12. This despite the fact that Sanders actually earned a higher percentage of the overall popular vote. Biden, whose campaign was floundering at the time, earned the fourth-most delegates.
The number of states that use the caucus system has been dipping in recent years. Hawaii, Kansas, and Maine were among the states to adopt the primary system for the first time in 2020. After the debacle in Iowa, it wouldn’t be a surprise to see that state follow suit next time around. Nevada, Wyoming, and North Dakota are the only other states that still use the caucus system.
The most common type of political wager is a futures bet on how a race will pan out. For example, there have been odds on who will win the 2020 election since the 2016 election ended. Sites with the best Democrat betting odds have been keeping track of the latest happenings and updating their futures odds accordingly.
While the Democratic nominee betting odds for Joe Biden might not be currently valuable, they could change at any point. As recently as November, Massachusetts senator Elizabeth Warren was a +110 favorite to earn the nomination. In March, Sanders was given minus-money odds to do so at certain sites.
Obviously, there is value to be had in the other political odds besides the Democratic nominee odds given the volatility in the current political climate. Trump pulled the upset in 2016 despite some British bookmakers having given him +400 odds to do so on Election Day.
With Biden having all but wrapped up the nomination, most Democratic Party betting sites are now focused on whom he may choose to serve as his vice president. Futures Democratic betting odds on vice presidential candidates are commonly listed like this:
US Democratic Party Futures Bet Odds to Be the VP Candidate
Kamala Harris -140
Val Demings +400
Amy Klobuchar +1000
Stacey Abrams +1000
Elizabeth Warren +1200
Keisha Lance Bottoms +1200
Michelle Obama +1200
Susan Rice +1400
Tammy Duckworth +2800
Basics for Online Betting on the Democratic Party
Plenty of States and Cities Are Reliably Blue
Despite the Democratic Party’s origins in the Deep South, the southeastern US is territory that Republicans tend to dominate nowadays. While there are a couple of swing states in the southeast in Florida, North Carolina, and Georgia, Democrats these days tend to fare well in urban areas.
The vast majority of major US cities have Democratic mayors. Of the 50 biggest cities in the country, 35 currently have Democratic mayors. That includes New York City, Los Angeles, Chicago, Houston, Phoenix, and Philadelphia, which just happen to be the six biggest cities in terms of population in the US.
States like California, New York, Massachusetts, Washington, Oregon, and New Jersey have also reliably voted in favor of Democrats in recent presidential elections. So, if you’re betting real money on Democratic candidates online in 2020, keep in mind that certain states almost always support Democrats.
Electoral College Betting
You can use some of the information listed above to help you place winning bets on Electoral College outcomes. Some political betting sites are offering props on which candidates will take certain states in the 2020 presidential election.
States like California and New York that almost always vote Democrat don’t offer much value. The Democratic candidate is listed at -2000 to win California, and -2500 to take New York. However, value can be found in certain swing states that could be swinging to the left after going in Trump’s favor in 2016.
States like North Carolina, Georgia, Wisconsin, Michigan, Pennsylvania, and Virginia are shaping up to be potential toss-ups in the general election. If you’re looking for prop bets that could be worth your while, keep an eye on Electoral College odds as we get closer to Election Day.
Democratic National Convention
The 2020 Democratic National Convention was originally scheduled to be held in Milwaukee in July. However, the nation’s sweeping health crisis forced Democrats to postpone the convention until August, at the earliest. Losing Wisconsin to Trump in 2016 was essentially the nail in the coffin for the Democratic Party. So, it’s no surprise that they have opted to hold the upcoming convention in the state in an attempt to drum up some local momentum.
The Democratic National Convention is essentially a rally designed to celebrate the official nomination process. The 2020 version was originally slated for July 13 through 16, but it is now on the calendar for August 17 through 20. Whether the event will be held at all remains to be seen, considering thousands of people are expected to flock to Milwaukee.
Biden is widely expected to be unveiled as the party’s official nominee, while his preferred VP candidate is still unknown. As of now, you can bet on whether the Democratic Convention will be held in Milwaukee as planned, or whether the Democrats will have to hold the event virtually.
Bettors can also wager on who Biden will tap as his running mate at Democratic party betting sites, as mentioned above.
Will Democrats Win in 2020?
The 2016 election was a catastrophic failure for the Democratic Party. Not only did Trump and the Republicans take the White House, but Republicans were also able to maintain their majorities in both houses of Congress.
In the 2018 mid-terms, Democrats were able to battle back to seize a majority in the House of Representatives, which led directly to Trump’s impeachment in late 2019. However, the Republican-led Senate voted to acquit Trump of any wrongdoing at his impeachment trial, which kept him in office.
Trump has been a betting favorite to win re-election since 2020 odds opened, but the tide has recently changed. As of this writing, some betting sites have Biden as high as a -140 favorite to win the White House back for the Democrats, as Trump’s domestic approval rating continues to sink.
Because the US presidential election betting odds are constantly changing, you must keep up with the current events that are taking place in the political world. A good place to start would be our political betting blogs below.
Whether Trump is able to turn the tide and regain momentum by the time November rolls around remains to be seen. All bookmakers in the UK have now listed Biden as the favorite to win the election as well.
You can also bet on which party will hold the majority in either house of Congress after the election. Democrats are sizable favorites to hold their majority in the House, while the Senate is looking like a 50-50 proposition. Republicans essentially hold a 53-47 edge as things stand now, though a number of Republican candidates are thought to be vulnerable.
Republicans are still slight favorites to hold the majority in the Senate, but Trump’s dwindling approval numbers may not help those Republicans vying to stay in power.
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