2018 Midterm Elections Betting Odds – What Party Wins In November?
Around November many us are thinking about Thanksgiving and betting on football. During 2018, I have to add political betting to my list. I have been an enthusiastic sports betting fan since forever, but when election time is around the corner, it sucks me in too. Politics are polarizing for most people. When you add odds and wager opportunities, it takes the hype and the excitement to a whole different level.
Get ready because the 2018 midterm elections in the United States will be held on Tuesday, November 6, 2018. The entire 435 seats in the United States House of Representatives and 35 of the 100 seats in the United States Senate will be in play. Most of the US offshore sportsbooks right now are aiming for the 2020 US Presidential election. Few have betting odds for the 2018 midterm elections. It’s easy to find odds on who will be next president or even the Democrat candidate to run –probably- against current president Donald Trump.
But because it is still early, the betting lines are different one sportsbook to the other. For example, Bernie Sanders is the favorite democratic nominee for the 2020 elections listed at +450 at Sportsbetting.ag. That’s an upset considering Kamala Harris is mostly the favorite at the rest of the books. Harris leads the way at 5Dimes listed at +325. MyBookie.ag also has plenty of prop bets mostly focusing on Donald Trump re-election odds, and his battle with the NY Times. But also, on whether his new buddy Kanye West will revisit him at the White House, before 2020. My Bookie is really having fun with this, and it might be great for bettors to make a few bucks out it as well.
2018 Midterm Elections Betting Odds
But let’s get back to the 2018 midterm elections on November 6. Offshore betting sites are usually very interested in US politics, and they have several options out there. The main betting opportunity remains on finding out which party will hold the majority of seats after the 2018 Senate elections. The Democrats have 23 seats not up for election while the Republicans have 42. 35 will be in play in November.
Nate Silver and ABC News’ FiveThirtyEight.com is predicting the Democrats will grab 25 of the 35 seats available. It will give the party 48 total seats. The Republicans have the upper hand as they only need 9 seats to win the majority. According to FiveThirtyEight, they will land eight for sure, leaving Nevada and Missouri as a toss-up. That’s an 80% of chance the Republicans keep control of the Senate. Predicit.org, a prediction exchange on both political and financial markets, is also leaning Republican.
Betting On November Midterm Elections At Bovada Sportsbook
Bovada has the Democratic Party as the favorite to win the majority of the seats in the House at -260 in the betting odds. The Republican majority is at +180. There’s a lot of value on betting on the Republicans. Perhaps, an amount you won’t find in any other sportsbook. In the Senate, the story is opposite, Bovad has the Reps at -260 where Dems are at +450.
Vice-president Al Gore tipped the scale towards the Democrats for only 17 days. Then, the new Vice President Dick Cheney gave the Republicans new control of the chamber, but it only lasted about six months. A Republican Senator became an Independent and caucused with the Democrats. Aussie book Sportsbet.com.au is perhaps the most accurate following FiveThirtyEight and Predicit.org projections. A Republican Party win is at -300 while Democratic Party upset is at +900. No majority is currently listed at +300. To learn more about betting on political events visit our Online Politics Betting Guide.