Midterm elections are here which means voters in Texas have a lot of decisions to make with the main issues on the table being immigration and the economy. It’s also an opportunity to cash in on the results if you feel confident that you can pick a winner.
There are general betting markets like which party will win the majority in the House of Representatives or the Senate. However, there are some interesting races in Texas and the top online betting sites are offering odds on some of the local elections.
Races in both branches of Congress are taking place with 435 seats in the House of Representatives and another 34 seats in the Senate up for grabs. There are also 36 states where the race for governor will be determined on November 8th.
In this guide, we break down the best sportsbooks to bet on politics and what they offer for the upcoming midterm elections. We also give you some insight into what the actual odds mean and important details to consider before making a bet.
According to the current betting markets, the closest race involves the control of the Senate after November.
- Republicans to control the Senate in 2022 (+100)
- Democrats to control the Senate in 2022 (-120)
By comparison, the race for control of the House has an overwhelming favorite.
- Republicans to control the House in 2022 (-700)
- Democrats to control the House in 2022 (+400)
Who Will Win the Texas Midterm Elections?
Unlike other states, Texas won’t have any seats in the U.S. Senate up for election on November 8, 2022. That means that voters are focused on the gubernatorial election as well as the different congressional races. After the latest U.S. census, the Lone Star State gained two seats in Congress, for a total of 38 representatives.
Gubernatorial Election Betting Odds
The race for the governor’s office is no contest so we’ll start here. Gov. Greg Abbott (R) has been in office since 2015 and it doesn’t seem like he’ll be going anywhere anytime soon. Since coming into office, Abbott has raised more money per day than the median Texas household makes in a year.
Challenger Beto O’Rourke has managed to raise quite a bit of support both financially and amongst voters. One of the key issues that has gained O’Rourke some favor is his support of sports betting legalization but it’s clear that oddsmakers consider him a longshot.
According to the latest poll from the Marist Institute for Public Opinion, Abbott leads O’Rourke by 4 points. However, the current governor doubles that figure with undecided voters.
- Greg Abbott: (-900)
- Beto O’Rourke (+500)
House Election Betting Odds
One of the most important races involves the 15th Congressional District, where Republican Monica De La Cruz takes on Democrat Michelle Vallejo. This race is too close to call with De La Cruz being a slight favorite.
- Monica De La Cruz: (-150)
- Michelle Vallejo (+110)
This district is located in South Texas; this an area that, despite being located inside of a red state, has become strongly Democrat. High-profile Republicans are backing Vallejo with public displays of support. Just a few days before the election, De La Cruz will campaign along with the former U.S. ambassador to the United Nations, Nikki Haley.
Best Sportsbooks for the TexasMidterm Elections 2022
Our betting experts have chosen four online sportsbooks that are trustworthy and offer odds on the upcoming midterm elections. All four of these brands provide different betting options for you to choose from and have been selected based on their reputations for quality service, bonuses and reliable payouts.
They are also fully optimized for mobile gambling so it doesn’t matter if you prefer sports betting apps or your laptop to place your bets.
BetOnline Election Betting Odds for Texas
BetOnline offers odds for Texas’ 15th Congressional district election, where voters will have to choose between Democrat Michelle Vallejo and Republican Monica De La Cruz. BetOnline has De La Cruz as a slight favorite with a price of -130.
If you like Vallejo for the win, you can get that at +110. A $100 bet on De La Cruz to win earns you $77 while a $100 bet on Vallejo to win would earn you $110. It should come as no surprise that Vallejo would be a slight underdog. Read more about this operator in the BetOnline review.
Bovada Texas Midterm Election Betting
Bovada has been providing online gambling in Texas for decades and one of the reasons their brand is so popular among bettors is the variety of their offerings, including proposition bets on just about everything.
Bovada has odds for the race for the governor’s office and other exciting prop bets.. Learn more about Bovada in this Bovada review.
Heritage Sports Texas Election Betting Lines
Heritage Sports offers some of the industry’s most competitive odds as they operate with a reduced juice model, which includes a cashback bonus.
As for the midterms, Heritage Sports does not have odds specific for Texas as of yet. Earlier in the guide, we gave their odds for control of the Senate. They also have odds for the House available as well but that race is not nearly as close. Republicans are -585 favorites with Democrats coming in as huge underdogs at +435. Find out more about this site in the Heritage Sports review.
Bookmaker Texas Election Bets
Bookmaker.eu has been in the online gambling business for over twenty years. In that time they’ve managed to build a loyal following of recreational and professional players alike. They also have top-of-the-line customer service which is needed when so many sophisticated players do business with your brand.
Unfortunately, Bookmaker does not currently offer political odds for the midterm elections, only for the upcoming 2024 Presidential Election, though the market could be posted closer to election day. Learn more in this Bookmaker.eu review.
Reading Texas Midterm Election Odds
A minus sign before the odds means you’re betting the favorite. There’s a minus sign because your reward is less than your risk. If there’s a plus sign before the number, then you are betting on the underdog. In this case, you will win more than your risk amount.
For example, Bovada has Abbott to win the governor’s race at -1200. That means you would have to bet $1200 to win $100. Challenger O’Rourke is +550 which means that a winning bet on him would pay out $550.
Senate Vs. House: What’s the difference?
The main difference between the Senate and the House is the size of the two branches. The House represents districts within the state while Senators represent the entire state.
The House is known as the lower house. There are 435 seats in the House, with all of them in dispute in November. Meanwhile, for the midterm elections, there are only 34 seats up for grabs in the Senate, which holds 100 members. Together, they work to craft legislation for approval.
HB2070: Bill for Sports Betting Legalization in Texas Falls Short
Legal sports betting apps in Texas seem distant at the moment. With the 2022 legislative session over, conversations regarding this topic have stalled in the Lone Star State until 2023. However, supporters believe progress was achieved in the last two years.
The HB2070 bill backed by Dan Huberty (R) in 2021 failed to get approval before the end of the year’s legislative session. In 2022, a constitutional amendment was set forth to get the issue on the ballot for the midterm election.
Where can I find the 2022 election odds?
The four online sportsbooks in this guide (Heritage, BetOnline, Bovada and Bookmaker) are the best option. At any of these sites, you can get 2022 election odds, play poker, get action at the casino and of course bet on sports from around the globe.
Do sportsbooks offer presidential election betting odds?
Presidential election odds are only available at offshore sportsbooks as U.S licensed providers are not allowed to take bets on politics. Check out the recommended sites in this guide to enjoy these betting markets.
Members of the editorial and news staff of the Daily Caller were not involved in the creation of this content.