Irish derby betting 2022 presidential election

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That is unfortunate, as politics betting is legal and extremely popular in some European countries. Many of the leading U. S politics in other countries such as the UK. Kambi, which powers sportsbooks such as Unibet and BetRivers , also offers odds to win the presidential election. Those sportsbooks would be ready to launch U. BetMGM believes presidential election odds should be legal in the U. Pool Betting In the meantime, one intriguing option is to take part in free-to-play pools.

Customers could answer a series of prop betting questions about the election, and the ones with the most correct answers earned bonus credits — which came with a 1x playthrough requirement. More than , people entered the DraftKings Sportsbook presidential election pool.

This was how they played it: As we now know, many of those predictions proved incorrect. However, some bettors made astute predictions and earned generous prizes. We hope to see similar pools launched to mark the presidential election. How Do Election Odds Work? The smaller profit on Biden told you he was the favorite.

To work out your potential profit, you just multiply your bet amount by the fraction. What is the Electoral College? The Electoral College is a voting system that many UK residents find a little baffling. It was put in place many years ago as part of the US Constitution to ensure that the views of residents of less populous, more marginalised states did not have their views overridden by those in more populous, wealthier states. There has been some debate in the USA in recent years as to whether the system still works or has become an anachronism.

That debate is for elsewhere than the pages of Betting. Each state has a different number of Electoral College votes Basically, each state votes as a separate unit for its favoured candidate. Each state has a certain number of votes in the Electoral College.

California, the most populous state, has 55 votes, and Texas has This means that the winner of the most votes nationally does not necessarily get to become president of the USA. This happened in , when Hilary Clinton actually won the popular vote, but did not become president due to the Electoral College. How the Electoral College affects US president election betting This slightly unusual system opens up different possibilities for punters who are checking out presidential election betting odds.

There are many more markets than just betting on who will become president, and you should be aware of these if you want to shape a betting strategy that can bring you success. Due to the vagaries of the Electoral College system, you can bet on markets such as who will win the popular vote, and who will win in certain states.

In fact, finding bookmakers that offer odds on the election is about as easy as seeking out a good boxing bookmaker or similar. Most mainstream bookies in the UK will offer markets for presidential election betting. You need to evaluate the odds in the same way that you would if you were placing sports bets.

It can often be a good idea to compare odds from several bookies in order to find the best possible value. You can find some guides about how to compare odds at the latest online gambling websites here at Betting. Spotting good value and comparing odds for political markets is not that different from doing it for sports betting markets. As with sports betting, though, you need to have a really sound knowledge of US politics before you contemplate placing serious bets.

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While you might expect the US presidential election odds to be automatically presented in the American format, this is not the case at UK bookmakers. Indeed, when they are checking out US election odds, sportsbet punters will see the odds presented in the same way as they are for basketball betting odds or similar. Just in case you are a complete novice to the world of betting, we will explain how each format of odds works here for you.

This a direct reflection of the probability of an event taking place, and many people find this format of odds very easy to understand. Fractional odds are ratio of your stake compared to the amount that you might win. Decimal Odds Decimal odds are a very simple odds format that US election odds sportsbet punters will see if they live in continental Europe rather than the UK or Republic of Ireland. The number that you see — 3.

This makes calculating winnings very simple, and increasing numbers of British and Irish punters are using this format where they have a choice. This is probably the format you should use if you are new to betting and want to better understand the probabilities behind US presidential election odds. American Odds While one might expect all presidential election betting odds to be written in the American format, this is not the case.

This is probably to the relief of many UK punters, as American odds can appear a little baffling at first. The odds for favourites in America have a minus sign next to them, while the odds for underdogs have a plus sign.

More than , people entered the DraftKings Sportsbook presidential election pool. This was how they played it: As we now know, many of those predictions proved incorrect. However, some bettors made astute predictions and earned generous prizes. We hope to see similar pools launched to mark the presidential election. How Do Election Odds Work? The smaller profit on Biden told you he was the favorite. To work out your potential profit, you just multiply your bet amount by the fraction.

Decimal Odds When you place a winning wager, you get your bet amount — known as your stake — back along with your profit. Decimal odds tell you the total return you would receive, including your profit and stake. You just multiply your bet amount by the decimal figure. For example: Joe Biden was 1.

These are some of the most popular markets: Winner This is a straightforward bet on which candidate will win the election. The US election betting odds will change regularly in the build-up to the day of the vote. Popular Vote Winner It is entirely possible to win the popular vote and still lose the election. Hillary Clinton and Al Gore know that all too well.