![]() We need to risk $100 to win $100 on the Democrats. When the bet is at +100 or “even-money” the amount we have to risk to win $100 is simply 1:1. The Democratic Party is the underdog in this market at +100. So, in the case of betting on the Republicans, we need to risk $120 to win $100. They represent the amount you need to bet to win $100. The odds are expressed in moneyline format, with the Republicans at -120, as the favorite. This is different than betting on which candidate will win, instead, bettors are only choosing the party that takes the White House. This market allows bettors to pick the winning party in the Presidential Election. ![]() US Presidential Election 2023 Winning Party Party However, there are other odds types available for bettors which can be easily changed at most sportsbooks.īut, for now, let’s take a look at a US Presidential betting market with moneyline odds. Presidential Betting Odds ExplainedĪt American-facing sportsbooks, almost all betting sites will use moneyline odds or American odds when presenting their presidential election odds to players. For further information, read our Privacy Policy ![]() By submitting this form, you agree to receive emails from Safest Betting Sites.
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