Everywhere in the US, betting on elections is prohibited because state gaming authorities have refused to approve such requests because politicians and federal officials believe betting could compromise the democratic process's integrity. However, political betting lines have long been available from foreign bookmakers in nations like the UK.
One of the biggest bookies in the UK and Europe, William Hill, has odds on Biden's reelection of 7/4, or a 36.4% likelihood. The president has a slim lead against Trump, who is currently at 2/1. Trump's statement suggests a 33.3% possibility.
Although a conventional wager on the hypothetical Biden-Trump matchup cannot be made in the US, political betting peer-to-peer exchanges like PredictIt enable unconventional sports wagers on politics.
One of the biggest bookies in the UK and Europe, William Hill, has odds on Biden's reelection of 7/4, or a 36.4% likelihood. The president has a slim lead against Trump, who is currently at 2/1. Trump's statement suggests a 33.3% possibility.
Although a conventional wager on the hypothetical Biden-Trump matchup cannot be made in the US, political betting peer-to-peer exchanges like PredictIt enable unconventional sports wagers on politics.