The 2020 US Presidential Election is dominating the news cycle this month. The election is set to take place on November 3rd, 2020 and with only one live debate remaining the buzz surrounding the election is at an all-time high. These next two weeks will be very interesting with plenty of election related stories and betting action.
Donald Trump is running for a second term as the Republican candidate and Joe Biden is running as the Democratic Nominee. Biden is close to a 2-1 favorite leading into the election, but these odds could change over the next couple weeks.
On this page I will recommend our two top rated betting sites for Texas residents, touch on the legalities of betting on the election from Texas, look at the odds to become the next President, and finish up with a simple 3 step guide you can follow to bet on the 2020 Presidential Election online.
Top Online Sportsbooks for Texas Residents
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Bovada and BetOnline are the two best online betting sites for Texacs residents. Both sites are trusted and popular among Texas bettors with both sites focused on providing the best possible betting experience for Americans.
For the remainder of this guide I will be using Bovada.lv for the odds and examples.
2020 Election Betting In Texas
It is not currently legal to operate a sportsbook in the state of Texas.
That said, it is not illegal for Texas residents to place bets through offshore betting sites that are licensed and regulated outside of the United States. Both Bovada and BetOnline fall into this category and both sites have accepted Americans for over a decade.
**In 2019 Texas lawmakers introduced a bill related to the regulation of sports betting, but no further progress has been made.
US Presidential Election Odds
Bovada has a wide selection of 2020 Election betting lines for you to wager on including some specific bets such as who will win specific states, which party will win the popular vote in the general election, and the electoral college winner in specific States.
The most popular election bet is of course who will win the 2020 US Presidential Election.
Joe Biden has emerged as the favorite to become the new President of the United States. He is a -190 favorite, which indicates a 65.5% chance of winning the election. Donald Trump is the underdog with odds of +155, which indicates a 39.2% implied probability of winning the election. The extra 4.7% is the vig.
These odds were taken on October 16th. The election odds can change quickly and dramatically. To see the up to date odds head over to Bovada.lv, open the ‘All Sports’ drop down menu and select ‘Politics’.
Bet On The 2020 US Election in Texas – 3 Step Guide
Follow these three steps to get your bets placed on the 2020 Election from anywhere in Texas.
Step 1. Join Bovada.lv
Click the above link and fill out the short overlay form on the home page to open your account.
Bovada is our top rated betting site for Texas residents.
Step 2. Deposit
Log into your Bovada account and click on the ‘Deposit’ link under your account drop down in the top right corner of the screen. Select your preferred deposit method (Visa, MasterCard, bitcoin) and complete the instructions to make your deposit.
Step 3. Place Your Bets
It’s time to bet!
- Click ‘Sports’ from the top menu bar at Bovada.lv.
- Select ‘All Sports’ and ‘Politics’ from the secondary menu.
- Select the bet(s) you want to make and enter your bet amounts on the Bet Slip.
- Click ‘Place Bets’ to lock in the wagers if you’re happy with the risk vs reward.
It’s that easy. Ready to bet? Click here to visit Bovada.lv