Legal Gambling USA

Online casino games, poker, sports and horse racing betting websites authorized in USA

Legal Gambling USA

Will U.S. Ever Have Election Betting?

September 14, 2020

This year’s elections figure to be perhaps the most contested elections in U.S. history. There is a real sense that the fate of the country could turn with every contest in every state. That creates a lot of interest as approximately 130,000,000 million Americans head to the polls.

If that sounds like the perfect storm for online bookmakers in the U.S., that would be an accurate assessment of if wagering on elections was allowed. Unfortunately, wagering on the outcome of an election is currently illegal in the U.S.

With the country in turmoil over every aspect of how society functions, it seems appropriate there would be a huge ongoing debate about legalizing election betting. Bookmakers seem to be all for it. As for the politicians themselves, there seems to be division, and for once, it does not seem to be divided along party lines.

Here is what Former New Jersey Gov. Chris Christie told the press during the 2019 Gaming Expo:

“If the regulators believe that they can handle it in a way that’s appropriate … people are doing this stuff anyway. This is the joke of this: People are betting on presidential elections, people are betting on the Oscars, they have office pools and all the rest of this stuff. So, this stuff is all going on anyway."

Cuomo is correct about people already betting on elections. If the motivation is there, there are plenty of European offshore bookmakers who are more than happy to welcome U.S. money on the presidential election. In Europe, betting on elections is a time-honored tradition.

It's no small thing that top Las Vegas oddsmakers like Jimmy Vaccaro and Johnny Avello are clearly behind the idea of allowing U.S. citizens to wager on the presidential election at a minimum. Avello believes it would generate a lot of wagering revenue in the future odds market. Just imagine the possibilities that would come from opening up wagering on the 2024 election should there be no incumbent running.

On both sides of the election betting issue, there seems to be a consensus that it’s not likely to see legalization anytime soon. However, there is a possibility that as more states legalize online sports betting activities, the gamblers will have their say. If the flow of money on U.S. elections continues going overseas, there could be pressure brought to bear by the masses to make a change.

What that change might look like remains to be seen.


Online Sports Betting News in USA

BetMGM Indiana Offers Pick 3 Promotion

September 22, 2020 — With the NFL season officially underway, it looks like BetMGM Indiana wants to make sure that Indiana sports bettors have plenty of opportunities to win free bets. Every week of the remaining NFL se...

William Hill Launches Sports Betting Mobile App in Illinois

September 22, 2020 — For more than 85 years, William Hill has been one of the most prominent gambling conglomerates in Europe. When the U.S. market finally opened up for legalized sports betting, William Hill was one of...

Sports Are Back at Unibet - Claim Your $630 in Free Bets

September 20, 2020 — Unibet NJ online sportsbook is celebrating the return of live sports by giving new players up to $630 in free and risk-free wagers. Online sports betting at Unibet is legal for all residents of New ...

BetRivers Sportsbook Illinois Offer 50% Profit Boost Promo

September 15, 2020 — With the NFL season officially underway, BetRivers Sportsbook Illinois is ready to make Sunday football a thing to remember. NFL bettors are going to be betting NFL games. When they do, BetRivers is...

All the news from the legal sports betting in USA

Copyright 2020 © LEGAL-GAMBLING-USA.COM - All rights reserved
Legal Disclaimer - Warning - Affiliate Program - Responsible Gaming - Contact
Legal-Gambling-USA.com on Twitter   RSS Legal-Gambling-USA.com

Gambling involves risk: indebtedness, dependence, isolation. Helpline: 1.800.522.4700
Gambling is prohibited for minors.

-18 -21