The latest midterm election betting odds suggest that the Republicans will flip the House later this year. BetOnline makes the GOP the heavy favorite to win the most seats:
- Republicans to control the House in 2022 (-500)
- Democrats to control the House in 2022 (+300)
However, the Democrats were priced at +450 a month ago, suggesting that they are gaining momentum. They are also now expected to hold on to the Senate. You can find odds at the best sportsbooks of -200 on the Democrats to control the Senate following the midterms, while the Republicans are now +150 underdogs.
That also represents a dramatic swing, as the Republican Party was the -275 favorite earlier this summer. We should see plenty more twists and turns in the build-up to the elections, providing bettors with lots of exciting opportunities to earn a profit.
How Can I Bet on the 2022 Midterm Elections?
Our political betting experts have reviewed each site that accepts wagers on the 2022 midterm elections. We assessed the quality of their politics betting odds, the wagering options they provide and the general appeal of each site. Our reviewers ultimately narrowed it down to four legit, reputable politics betting sites for the midterm elections:
BetOnline for Midterm Election Bets
BetOnline is an established online sportsbook that has been paying customers out quickly for more than 25 years. It offers an online casino, poker room, racebook and an esports hub alongside its world-class sportsbook. The politics section is very comprehensive. You can bet on everything from the midterms and gubernatorial elections to whether Steve Bannon will become Donald Trump’s 2024 campaign manager.
As this BetOnline review explains, it offers same-day payouts, huge bonuses and very impressive software, while the politics betting odds are attractive. This is the best politics betting site if you have a large bankroll. A re-bet option allows you to repeat a wager 60 seconds after placing it, so you can keep going until you get to your desired amount.
Bookmaker for Midterm Election Bets
Bookmaker.eu is another highly-rated betting site that has been in business since the 1990s. It has built up an impeccable reputation in that time. Bookmaker is known as the site “where the line originates,” as it is very quick to release its sports betting lines. It is also famous for never limiting winning bettors and accepting professionals.
The interface at Bookmaker is simpler than BetOnline’s, and it is easy to navigate. Some of its political betting odds are very appealing, and it often has a better line than BetOnline, Bovada and Heritage Sports on certain markets, so we recommend signing up. Read more in the Bookmaker.eu Review.
Bovada for Midterm Election Bets
Bovada was created in 2011 as a spinoff site from Bodog. It is specifically designed for the US market, and it does not accept customers from other countries, so it is an excellent destination for US election bets. Bovada also has the busiest online poker site in America, along with an online casino and racebook, as this in-depth Bovada review highlights.
It offers a thorough selection of betting options. You can bet on the midterms, the gubernatorial elections, the 2024 presidential election and elections in countries such as Brazil. The layout is neat and tidy, and it is easy to place bets. Bovada also offers same day crypto payouts, bonuses with comparatively low rollover requirements and a strong loyalty program.
Heritage Sports for Midterm Election Bets
Heritage Sports rounds out our list of the best sportsbooks for 2022 midterm election bets. It is a highly-rated betting site, which operated on an invite-only model for many years. The team ultimately caved in to the huge demand, and any American adult can now sign up and bet on the 2022 midterms at Heritage.
The politics betting odds are excellent, which you would expect from a site that offers reduced juice odds on football and basketball. It has more politics betting markets than the other sites featured above, allowing you to bet on senate elections and governor elections in many states, along with elections and politics props in a long list of international markets, from Australia and New Zealand to Poland and Sweden. Read more about the sportsbook in the Heritage Sports review.
What Are the Betting Odds for the 2022 Midterm Elections?
There are two key markets to focus on in the 2022 midterm elections:
- Which party will control the House of Representatives?
- Which party will control the Senate?
The odds diverge from one sportsbook to the next. For example, Bovada has market-leading odds of -400 on the Republicans winning the House. It will only offer +275 on the Democrats. Meanwhile, Heritage Sports is offering a huge price of +490 on a Democrat majority and just -800 on a Republican majority.
BetOnline is offering +150 on the Republicans controlling the Senate after the midterms and -200 on the Democrats. By contrast, Heritage has +110 on the Republicans and +110 on the Democrats, so it is important to shop around for the best odds on the market you like. It might be prudent to sign up with all four of the sportsbooks we have recommended, allowing you to quickly grab the best odds on any market you like as we hurtle towards the midterms. That will also ensure you receive lots of sign-up bonuses.
How Do the Midterm Elections Work?
The midterm elections will take place on November 8. Americans will head to the ballot boxes to decide who will represent them in the House and the Senate.
- Members of the House serve two-year terms, so all 435 seats are up for grabs this year.
- Senators serve six-year terms, and only a third of the Senate faces re-election every two years. There are 35 seats to be contested in 2022.
The Senate and the House devise the laws that govern the United States. Legislation needs to get through both chambers, so they play a very important role in shaping the country’s future, and both parties are desperate for control.
The Democrats currently enjoy a slim majority in both the House and the Senate:
- There are 220 Democrats in the House, 210 Republicans and five vacancies.
- The Senate is split 50/50, but Vice President Kamala Harris casts the deciding vote in a tie.
The Republicans only need to overturn one seat to regain control of the Senate. If they can gain eight seats in the House, they will reclaim control of the chamber.
Since the end of World War II, the president’s party has struggled to improve upon its share of the popular vote in the House midterms. The Republicans increased their share in 2002, but in every other midterm election, the president’s party has declined.
The US Senate and the US House of Representatives
The US Senate has 100 members. Each state has two senators, regardless of the size of its population. That means California and Texas have the same sway as Wyoming and Vermont.
The House is divided into districts, so the larger states dominate. For example, there are 53 representatives from California, compared to just one from Wyoming.
Which Swing States Will Determine Control of the US Senate?
States such as California, New York and New Jersey are Democrat strongholds, which always vote blue. Meanwhile, the Republican Party can rely upon states such as Texas, Alabama, Mississippi and Missouri to vote red.
Elections are, therefore, decided by swing states that flit from one party to the next depending upon the political climate. These are the key swing states right now:
- Arizona
- Georgia
- Nevada
- New Hampshire
- North Carolina
- Pennsylvania
- Wisconsin
Those states will be crucial in the battle for Senate control in 2022. Political commentators also believe Ohio, Florida and Colorado could be close this time around. The odds on the Republicans controlling the Senate have lengthened in recent weeks, suggesting they need to do something drastic to turn things around.
You can now find +110 on the Republican Party to claim over 50 seats at Heritage Sports, +150 on them to go under 50 seats and +350 on them to end up with precisely 50 seats.
What Are the Odds for the Key Senate Battles?
Heritage Sports has released odds on the key Senate battles as we gear up for the midterm elections:
| State | Democrats | Republicans |
| Arizona | -190 | +140 |
| Georgia | -125 | -110 |
| Nevada | -120 | -120 |
| New Hampshire | -200 | +150 |
| North Carolina | +300 | -450 |
| Pennsylvania | -275 | +220 |
| Wisconsin | +160 | -225 |
As you can see, there are plenty of opportunities for the Republicans to claim the seats required to flip the Senate. Nevada looks like the closest of them all.
The odds have been shifting dramatically throughout the year, so it is worthwhile to keep a close eye on them. That will sometimes provide you with opportunities to hedge your bets, covering both outcomes and locking in a profit regardless of the result.
Which Party Controls the House of Representatives?
The Democrats are currently in control of the House of Representatives. This is the breakdown:
- Democrat: 220
- Republican: 210
- Vacant: 5
That amounts to a 51.3% voting share for the Democrats, which is a slim majority. Either party needs 218 seats to secure a majority, meaning the Republicans only need to gain 8 seats to flip the House. The president’s party has lost 5+ seats in the House in 16 out of 19 midterm elections since the Second World War. That gives the Republicans a strong chance, historically speaking, to seize control of the House. President Joe Biden’s weak approval ratings have not helped matters for the Democrats, leading some political commentators to anticipate an election bloodbath.
However, the Democrats have been gaining momentum in recent weeks. They passed landmark climate legislation, along with a well-received plan to lower prices for prescription drugs. Inflation has started to decline, with less pain at the gas pump. Meanwhile, legal concerns exist for former president Donald Trump. The odds have shifted accordingly, and the Democrats now have a slim chance of maintaining control, so it will be interesting to see how this unravels.
Which State Districts Could Determine Control of the House of Representatives?
The Cook Partisan Voter Index has identified three districts in California (22, 27 and 45) that could be crucial. It also highlights districts 2, 3, 7 and 8 in Michigan, districts 1, 3 and 4 in Nevada, districts 3, 18, 19 and 22 in New York and 1, 9 and 13 in Ohio, plus certain districts in states including Pennsylvania, Texas and Virginia.
Inside Elections has listed 81 House races as competitive, so there is still a lot to play for in the months leading up to the midterm elections.
Are There Any Other Politics Betting Options This Year?
Bovada is offering US politics betting odds on five key gubernatorial elections:
| State | Democrats | Republicans |
| Arizona | -120 | -110 |
| Florida | -1000 | +550 |
| Kansas | +115 | -150 |
| Maryland | -2000 | +800 |
| Nevada | -150 | +115 |
It suggests that Gov. Ron DeSantis is safe in Florida, as is Gov. Larry Hogan in Maryland. However, Gov. Laura Kelly in Kansas could be in trouble, while Gov. Doug Ducey faces a fight for survival in Nevada. Elsewhere, Texas Gov. Greg Abbott is -625 to win the gubernatorial election, while challenger Beto O’Rourke is a +340 outsider.
You can also bet on whether Mike Pence will testify live at the Jan 6th hearings. BetOnline has -170 on “yes” and +130 on “no”. Looking further afield, BetOnline has +500 on Vladimir Putin losing the presidency in Russia in 2022.
Conclusion
Betting on the 2022 midterm elections can be fun and profitable, but you need to stick to reputable sportsbooks. Our recommended political betting sites – Heritage Sports, BetOnline, Bookmaker and Bovada – will treat you fairly and pay out quickly if you win. Sign up with one of those sites today to place a bet on the 2022 midterms.
Midterm Election Betting Odds FAQs
Can I legally bet on the 2022 midterm elections?
It is perfectly legal for any Americans to wager on the 2022 midterm elections at political betting sites such as BetOnline, Bookmaker.eu, Bovada and Heritage Sports. Those sites are based overseas, so they are not under the jurisdiction of the federal government or any state governments. However, they all have an impeccable reputation for quick, secure payouts, and there are no laws to stop you from using them.
Can I legally bet on US politics?
Locally regulated sportsbooks in the United States are not permitted to offer political betting odds, so you will need to use offshore sites. There are no laws to stop you from doing so, but it is important to seek out trustworthy, reputable politics betting sites. We recommend Bookmaker, Heritage Sports, Bovada and BetOnline, as they have been paying out customers their winnings with no issues for many years.
Where can I legally bet on the 2022 midterm elections?
You can visit a sportsbook such as Heritage Sports, Bovada, BetOnline or Bookmaker.eu to place a bet on the 2022 midterm elections. They are based overseas, so they are not subject to US laws and they can offer politics betting. It is totally legal for you to use those sites to bet on the 2022 midterm elections, and you will be guaranteed a safe, fair betting experience and a quick payout if you win.
Where can I legally bet on US politics?
Sportsbooks regulated on a local basis in the United States cannot accept wagers on elections, so you must use sites based overseas. There are no laws preventing you doing so. However, the offshore sportsbooks are not governed by the federal or state governments, so you need to be careful and choose reputable sites. We can highly recommend BetOnline, Bookmaker, Heritage Sports and Bovada, as they are trustworthy and they provide appealing politics betting odds.
How are the winners of the 2022 US midterm elections determined?
A party needs to earn 218 seats to control the House, as there are 435 seats up for grabs. The party that reaches that total will be declared the winner. Only 35 of the 100 Senate seats are up for re-election in the midterms, so it is not as easy to determine a winner, but whoever controls the chambers after the elections will essentially be victorious.
What is a swing state?
A swing state is neither a Democrat nor a Republican stronghold. It could vote either way in an election, so it is an important battleground for the parties. Arizona, Georgia, Nevada, New Hampshire, North Carolina, Pennsylvania and Wisconsin have emerged as the main swing states in recent years,
How is the US Congress divided?
There are two chambers – the House of Representatives and the Senate. The House has 435 members, one for each district in the United States, so a party needs 218 seats to control it. There are 100 seats in the Senate, so you technically need 51 for a majority, but the vice president has a deciding vote in a 50/50 split, so the Democrats are currently in the ascendancy.
Members of the editorial and news staff of the Daily Caller were not involved in the creation of this content.