"In the United States, you generally cannot place a real-money bet on an election using the standard DraftKings or FanDuel Sportsbook apps due to strict regulations."
"Most state laws explicitly forbid these sportsbooks from offering odds on elections because they aren't considered 'athletic contests' and are seen as too susceptible to ethical concerns."
"In jurisdictions like Ontario, Canada, betting on the U.S. Presidency is as common as betting on the Sunday Night Football spread."
"Platforms like Kalshi, Polymarket, and new offshoots from FanDuel are gaining traction, allowing users to engage in political wagering through prediction markets."
In the U.S., betting on elections through major sportsbooks like DraftKings and FanDuel is generally prohibited due to strict regulations that classify elections as non-sporting events. However, in jurisdictions like Ontario, Canada, betting on political outcomes is common. The rise of prediction markets such as Kalshi and Polymarket offers an alternative for those interested in wagering on political events, reflecting a growing trend in political betting as the 2026 midterms approach.
Read at Bleacher Nation
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