Midterm Election Betting Sites Debut New Political Prop Bets

Kevin McCarthy and Mitch McConnell - GOP betting favorites for 2022

Tomorrow is election day for the 2022 midterm cycle and a number of political prop bets have been unleashed on the gambling public offering a chance to win and also providing insight into voting.

First up is an intriguing array of political parlays ready for choice players.

House and Senate Control Parlays

  • Republican House and Senate -300
  • Republican House & Democratic Senate +375
  • Democratic House & Democratic Senate +800
  • Democratic House of Representatives and Republican Senate +9500

Political prop bets advocate an outcome in which the Republican Party wins a majority in the US House of Representatives and US Senate. Total Republican control of both congressional bodies on Capitol Hill has a moneyline of -300, meaning the outcome is so certain that a three-dollar bet is required just to rake in a dollar.

Today, the US Senate is evenly split, with 50 seats held by the Democratic Party and 50 seats held by members of the GOP. VP Kamala Harris and her position as Senate President give the DNC their slim majority through their tie-break voting skills.

The support below shows that political election betting sites believe the most likely outcome will be a 54-46 advantage for the Republican Party in the US Senate after tomorrow.

How many Senate seats will Republicans control after the midterms?

  • 0-46 +5000
  • 47 +4500
  • 48 +2200
  • 49 +1200
  • 50 +700
  • 51 +700
  • 52 +550
  • 53 +400
  • 54 +300
  • 55 +600
  • 56 or more +900

A new majority requires a new majority leader. By the 2020 midterm elections, the GOP held the majority, and the leader was Kentucky Senator Mitch McConnell.

The following Senate Majority Leader prop shows Senator McConnell with a 595-point lead on moneyline odds, almost ensuring he will oust Senator Schumer when voters weigh Tuesday.

Senate Majority Leader on February 1, 2023

  • Mitch McConnell-350
  • Chuck Schumer +245

While signs suggest the Democratic Party is relinquishing control of the US Senate, the GOP will need to switch some races from blue to red to make that happen.

This next election bet shows the states where neither party has a significant advantage.

Senate race by the smallest margin

  • Arizona +400
  • Georgia +400
  • New Hampshire +400
  • Nevada +450
  • Wisconsin+500
  • Pennsylvania +600
  • North Carolina +700
  • Ohio +1400
  • Alaskan +1500
  • Colorado +1500
  • Florida +2000
  • Missouri +2000
  • Oregon +2000

Arizona, Georgia and New Hampshire all lead with a +400 money line. Notably, the US Senate race in Georgia is starting to split in the polls, with incumbent Raphael Warnock 20 points behind challenger Herschel Walker on PredictIt.

Arizona election odds show both candidates dead heat with exactly the same odds of winning, while PredictIt gives Republican Blake Masters a 1-point advantage over Mark Kelly.

US Senate betting odds for Arizona

  • Mark Kelly (D)-120
  • Blake Masters (R)-120

The DNC is the current majority party in the US House of Representatives with a seat advantage of 220 to 212. This next US House prop bet tells a story of Republican dominance after tomorrow’s election results and gives the GOP a 2050 point advantage in the next speaker quotas.

Next Speaker of Congress of the House of Representatives

  • Kevin McCarthy-1400
  • Nancy Pelosi +650

The odds for the Democrats don’t get any cheaper when it comes to gubernatorial bets at the election betting sites featured in our online sports betting reviews.

This next pillar implies that 32 or more GOP governors will hold office after midterm votes are counted.

How many Republican governors will there be after the midterms?

  • 0-22 +5000
  • 23 +5000
  • 24 +5000
  • 25 +4500
  • 26 +1800
  • 27 +1100
  • 28 +650
  • 29 +550
  • 30 +450
  • 31 +400
  • 32 or more +200

Anyone reading this should keep in mind that the political odds above reflect where money is being spent at the moment. These betting lines are often more accurate than survey data, as players tend to bet on who they think will win rather than where their hearts beat.

Anyone intending to bet on the 2022 midterm elections should do so as soon as possible before these lines are removed from the boards.

Bovada sports betting, BetOnline.AG

Dave Gallo

Dave Gallo is a pioneering sports analytics expert, renowned for his revolutionary work in AI-driven sports simulations, projections, and advanced statistical analysis. With a profound passion for sports and technology, he crafts cutting-edge computer models that accurately predict outcomes. Dave's game-changing insights have reshaped strategy, player evaluation, and decision-making across various sports. His dynamic presentations make complex analytics accessible and inspiring, ensuring his legacy as a visionary in sports analytics. Check out Dave's Pick Record.

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