Political Betting in West Virginia

With no casinos open and no sports being played, it appears that political betting in West Virginia is on the radar. If approved, they would becoming the first state to allow betting on politics.

The state lottery recently stated that officials initially approved plans to allow FanDuel and other sports book operators offer bets on politics, but said they needed more time to “fully work through the implications and research it further.”

If the plan goes forward, it raises a number of questions, including whether other states will follow, and what the federal government may say about it. The Commodity Futures Trading Commission has said in the past that gambling on elections shouldn’t be allowed.

According to the odds that FanDuel posted Tuesday, President Donald Trump is a slight favorite to win re-election, at -110. That means a $110 bet would turn a $100 profit. Senator Joe Biden, the likely Democratic nominee, has +125 odds, meaning a $100 bet would win $125. In the 2016 presidential election, Trump won West Virginia easily, garnering more than two-thirds of the vote.

You can read more on the possibility of political betting in West Virginia at Yogo Net.