President Joe Biden has just completed the fourth month of his first term and the Democratic Party has majority control over the US House of Representatives and the US Senate.
Following Biden’s installment, the nation seems to have gone dormant when it comes to hotbed political disputes, and perhaps the country could use a little break for some soul-searching after the anxiety of the last four years.
While the DNC holds a narrow advantage in the Senate, their grip on the House is much tighter, however, online political sportsbooks are now favoring a 2022 outcome that implies the Republican Party has a legitimate shot at retaking Congress altogether.
Who Will Control The US House Of Representatives in 2022?
- Republicans -300
- Democrats +200
2022 US Senate Election Odds
- Democrats -130
- Republicans -110
The Democratic Party is slightly favored in the betting odds for the US Senate for the 2022 election cycle, and that is because their 6-year terms do not lapse at the same time.
In 2022, the US Senate seats up for grabs do not feature much of a chance of being flipped red, hence the implication in the betting odds that the DNC will once again retain a majority.
In the US House, all terms are 2 years and the election for every single seat occurs at the same time, on the same day.
While that may seem like a scenario that would often provide for huge, unexpected flips in the controlling party majority, these US House districts, for the most part, lean strongly toward red or blue.
That’s why the above US House betting odds are a surprise to our staff, as the -300 money line implies a 75% chance that the Republican Party will overtake the DNC after all votes are cast on November 8, 2022.
Just the appearance of these 2022 midterm election odds in the early summer of 2021 suggests that not only will these campaigns be highly contested, but that online sportsbooks are also expecting them to receive a lot of action.
During the 2020 House and Senate elections, bettors were treated to more odds on individual races that have been offered in the past.
Perhaps these early odds are a sign that more individual races can be expected for this upcoming midterm campaign season, and oddsmakers will have several high-profile candidates on the ballot to create predictions for.
Chuck Schumer, Raphael Warnock, and Tim Scott are just a few of the US Senators who will be defending their posts in 2022.
One major drawback of such early odds being posted is that action will not take place for 18 months, and anything can happen between now and then.
An advantage of these odds being posted so early is that the probability for the DNC to retain a majority in the House is low, and can double the amount risked if they hold court in 2022.
Generic betting odds for the US Senate have already been posted for Ohio, Florida, and Wisconsin, and the latter appears to have the makings of a tight contest.
Ohio US Senate Odds
- Republicans -1500
- Democrats +600
Florida US Senate Odds
- Republicans -500
- Democrats +300
Wisconsin US Senate Odds
- Democrats -130
- Republicans -110
The above Congressional betting odds have been provided by BetOnline.