January 4, 2021

Kelly Loeffler

Political Odds – A Look at All the Major Political Races

Major Political Races: It may come as a surprise to many people that wagering on politics is something that happens quite regularly. If you visit our friends at right now, you will find that they have several pools open where they offer up political odds on several different events. Just as they do in sports, recent events can see the odds move in one direction or another. Right now, there are some big changes happening, so we thought we would take a moment to break it all down.

Georgia Senate Runoff

If you follow politics at all, you probably already know that the Georgia Senate runoff elections are making most of the headlines. There are a pair of runoffs set to happen in Georgia on Tuesday, January 5. These elections are important because they will decide whether Republicans or Democrats have control of the Senate. The Democrats need to win both to force a tie in the Senate, which would then mean that Vice President Kamala Harris would have the deciding vote.

The Republican nominees – David Perdue and Kelly Loeffler – are favored to win the runoffs, but the odds are tightening as we get closer to the vote. A recent poll published by Business Insider even suggests that things may be swinging in the direction of Jon Ossoff and Raphael Warnock, the Democratic nominees. Let’s take a look at the current political odds from Jazz Sports:

Kelly Loeffler-150
David Perdue-210
Joh Ossoff+170
Raphael Warnock+122

Other Political Odds from Jazz Sports

The new President has yet to be sworn in, but we are already seeing the odds move for the 2024 Presidential Election and major political races. One of the biggest movers this week has been Donald Trump Sr. We know that he still has a huge following, plus his push to increase stimulus checks from $600 to $2,000 will have helped his cause. Trump saw his odds to win the 2024 election go from +1250 to +800, a not insignificant shift.

There were a couple of other potential nominees, from the major political races, who made big moves this week on the betting board. On the Republican side, Florida Governor Ron DeSantis went from +7500 to +3500. As far as the Democrats go, Alexandria Ocasio-Cortez went from +7500 to +2500. She also saw her odds shorten in the Democratic Nominee odds, moving from +2500 to +1000.

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