How gamblers bet the midterm elections will turn out – Washington Examiner

Gamblers around the world are putting their money on a split Congress a month before the midterm elections.

A website that aggregates live political gambling is showing that betters expect Republicans to take a majority in the House next year, while Democrats are more likely to keep the Senate during the midterm elections.

As of Friday night, ElectionBettingOdds.com, a website that aggregates live political gambling, placed the likelihood that Democrats keep the Senate at 56.9%, compared to 43.1% for Republicans taking the upper chamber.

The website updates betting every minute from gambling sites PredictIt.org in the United States and FTX.com, Betfair.com, and Smarket.com abroad.

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Republican Minority Leader Mitch McConnell recently called the fight for control of the 50-50 Senate a "jump ball" and has expressed concerns over GOP "candidate quality."

Betters are much more optimistic that House leadership will change hands, putting the odds that Republicans succeed in winning the minimum of five new seats needed to take the majority at 80.8%. Democrats' chances of keeping the House are less than 20%.

In key Senate races, Republicans are favored to win in Ohio, while Democrats have the upper hand in Arizona, Pennsylvania, and Georgia. Ohio's Republican nominee, J.D. Vance, has a 76.7% chance of beating Democratic Rep. Tim Ryan. Democrats Lt. Gov. John Fetterman in Pennsylvania and Sen. Mark Kelly in Arizona have a 59% chance each of beating their Republican opponents Dr. Mehmet Oz and venture capitalist Blake Masters, respectively. In Georgia, the odds of winning are currently at 64.7% for incumbent Democratic Sen. Raphael Warnock.

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The site also tracks odds for the 2024 presidential election. Former President Donald Trump is in the top spot, with a 27.3% chance of winning, followed by Florida Gov. Ron DeSantis (R) at 18% and President Joe Biden in third with 17.3%.

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How gamblers bet the midterm elections will turn out - Washington Examiner