Vegas US House Election Odds 2023
The United States House of Representatives is currently controlled by the Democratic Party and is chaired by House Majority Leader Nancy Pelosi from California. However, no majority is safe in the US House, as all seats are up for election every two years.
If you consider the amount of time that is spent on planning and campaigning for reelection, that doesn’t allow for much time to actually sit in the seat and govern. Currently, the Republican odds are semi-favorable for the GOP to take back control of the House in 2023, and you can bet that there will be several heated races that could potentially flip the lower chamber.
To see how things are trending, the Vegas 2023 US House betting odds will be especially crucial because they'll frame the 2024 Presidential election, and people will be wagering real money on the results. If the Democrats can retain control of the House, then we’re all going to see a whole lot of blue for a long time. And if you bet right, you can see a whole lot of green!
Is It Legal To Bet On US House Elections?
Vegas provides hypothetical odds on political election outcomes, but domestic sportsbooks do not accept wagers on them. The only option for US residents to legally wager on Congressional elections is to do so with an offshore sportsbook.
Because federal and state gambling laws do not address wagering with offshore sportsbooks, there are no laws that criminalize participation. Washington has passed state laws forbidding all online gambling, but there have yet to be any arrests in WA for that supposed "crime."
That said, online sportsbooks accept members from WA aged 18 and up, so be sure to investigate your local betting laws and the terms of membership for any offshore sportsbook you intend to join. If you live in Washington, of course, you must proceed only at your own risk.
2024 US House Election Odds For Control Of The US House
The US House of Representatives is currently controlled by the Democratic Party, though they lost a number of seats in the 2020 general election. In fact, the GOP won all 25+ House elections graded as "tossups" by the mainstream media and polling firms. If the Biden-Harris Administration proves unpopular – and if universal mandatory mail-in voting is not federally instituted – the GOP should be able to take back the lower chamber in 2024.
Who will control the House in 2024?
- Republicans -1000
- Democrats +550
2024 US House Of Representatives Races
Every two years, all US House seats are up for grabs. While congressional seat retention is upwards of 90%, there’s always a chance that an outlier or two might shake things up.
Many Congressional districts across the United States are slanted heavily toward one party or the other, with very few seats traditionally flipping from one side of the aisle to the other at the same time.
Still, there are just enough seats in play to allow for routine shifts in power every few years. 2024 should be one of the most hotly contested US House power struggles in decades.