2022 Senate Election Betting Odds
Odds For 2022 Senate Elections
Following the most recent Senate elections, the Democratic Party secured a majority after Jon Osoff and Raphael Warnock won their respective runoff races in Georgia. Once Kamala Harris became the Vice President as well as the sitting President of the US Senate, the DNC received the tie-breaker they needed to install Chuck Schumer as the Senate Majority Leader and claim their majority.
Because of the narrow Party split among US Senators, the GOP and the DNC will still need to work closely together to ensure that business runs smoothly on Capitol Hill, but later this year, the campaigns, and the odds for the 2022 Senate Elections will heat up. Learn more about these proceedings, and how to bet on the 2022 US Senate Election odds, by reading the remainder of our guide below.
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2022 Senate Races
Alabama
*Richard Shelby (R) is retiring
Candidates
- Lynda Blanchard (R)
- Mo Brooks (R)
Alaska
Candidates
- Lisa Murkowski (R) incumbent (not yet declared)
Arizona
Candidates
- Mark Kelly (D) incumbent
Arkansas
Candidates
- John Boozman (R)
- Jan Morgan (R)
- Dan Whitfield (D)
California
Candidates
- Alex Padilla (D) incumbent
- Jerome Horton (D)
- Alex Padilla (D)
- Elizabeth Heng (R)
Colorado
Candidates
- Michael Bennet (D) incumbent
Connecticut
Candidates
- Richard Blumenthal (D) incumbent
- Robert Hyde (R)
Florida
Candidates
- Marco Rubio (R) incumbent
- Allen Ellison (D)
- Steven B. Grant (I)
Georgia
Candidates
- Raphael Warnock (D) incumbent
- Herschel Walker (R)
Hawaii
Candidates
- Brian Schatz D) incumbent
Idaho
Candidates
- Mike Crapo (R) incumbent
Illinois
Candidates
- Tammy Duckworth (D) incumbent
- Allison Salinas (R)
Indiana
Candidates
- Todd Young (R) incumbent running
Iowa
Candidates
- Chuck Grassley (R) incumbent (not yet declared)
- Jim Carlin (R)
Kansas
Candidates
- Jerry Moran (R) incumbent
Kentucky
- Rand Paul (R) incumbent running
Louisiana
Candidates
- John Kennedy (R) incumbent (not yet declared)
Maryland
Candidates
- Chris Van Hollen (D) incumbent (not yet declared)
- Colin Byrd (D)
Missouri
*Roy Blunt (R) is retiring
Candidates
- Eric Greitens (R)
- Eric S. Schmitt (R)
- Lucas Kunce (D)
- Timothy Shepard (D)
- Scott Sifton (D)
Nevada
Candidates
- Catherine Cortez Masto (D) incumbent
New Hampshire
Candidates
- Maggie Hassan (D) incumbent
- Don Bolduc (R)
New York
Candidates
- Chuck Schumer (D) incumbent (not yet declared)
- Khaled Salem (D)
North Carolina
*Richard Burr (R) is retiring
Candidates
- Mark Walker (R)
- Cheri Beasley (D)
- Jeff Jackson (D)
- Erica Smith (D)
- Richard Lee Watkins III (D)
North Dakota
Candidates
- John Hoeven (R) incumbent
Ohio
*Rob Portman (R) is retiring
Candidates
- Michael Leipold (R)
- Josh Mandel (R)
- Mark Pukita (R)
- Jane Timken (R)
Oklahoma
Candidates
- James Lankford (R) incumbent (not yet declared)
- Jackson Lahmeyer (R)
Oregon
Candidates
- Ron Wyden (D) incumbent
- Jo Rae Perkins (R)
Pennsylvania
*Pat Toomey (R) is retiring
Candidates
- Jeff Bartos (R)
- Sean Gale (R)
- Everett Stern (R)
- Brandaun Dean (D)
- John Fetterman (D)
- Malcolm Kenyatta (D)
- John McGuigan (D)
South Carolina
Candidates
South Dakota
Candidates
- John Thune (R) incumbent (not yet declared)
Utah
Candidates
- Mike Lee (R) incumbent
Vermont
Candidates
- Patrick Leahy (D) incumbent (not yet declared)
Washington
Candidates
- Patty Murray (D) incumbent
Wisconsin
Candidates
- Ron Johnson (R) incumbent (not yet declared)
- Alex Lasry (D)
- Tom Nelson (D)
Current Betting Odds For 2022 US Senate Elections
Betting odds for individual 2022 Senate Elections will appear once campaigns begin and politicians begin declaring their candidacy. We’ll update this section with political betting lines for the US Senate as the odds appear at online sportsbooks.
Popular sportsbooks include Dr. Oz odds, Mitch McConnell odds, Lindsey Graham odds, Nancy Pelosi odds, Stacy Abrams odds, and more, for the upcoming US Senate elections.
For now, here is a line on which party will retain control in 2022.
Which Party Will Control The Senate After The 2022 Midterm Election?
- Republican -360
- Democratic +250
Can I Legally Bet On The 2022 Senate Elections?
Absolutely. There are no federal laws that prohibit US residents from placing political bets at licensed and regulated offshore sportsbooks such as the ones you see here. All the 2022 election odds for US Senate races will be made available soon, and futures odds for the 2024 Presidency are already on the board.
Key Senators Up For Re-Election In 2022
The US Senate is controlled by the Democratic Party, and while the DNC is predicted to keep the upper chamber, there are a few notable Senators who were thought to be at risk.
Senate Majority Leader Chuck Schumer (D) – New York
Chuck Schumer is the current Senate Majority Leader and has yet to throw his hat in the ring for the 2022 Senate Elections, and his intent is not known at the time of this writing. His district is expected to remain blue for the foreseeable future, but if Senator Schumer decides to retire, then that will cause a major overhaul in DNC leadership and will also prompt a new field of contenders to enter the fray.
Marco Rubio (R) – Florida
Senator Rubio was one of former President Trump’s staunchest opponents during the 2016 campaign, and following his dropout, he returned to Florida and won his re-election bid for the US Senate. In 2022, he’ll run for re-election once again, but have we seen the last of his Presidential hopes? For further information on his 2022 reelection, see our guide that covers odds for Marco Rubio to be reelected to the Senate.
Tammy Duckworth (D) – Illinois
Senator Duckworth was a prominent contender to become Joe Biden’s VP running-mate in 2020 after she showed strength in her dealings with then-President Trump, but ultimately, the retired Army lieutenant did not get the nod. Her re-election in 2022 will likely gain national attention due to the overall popularity she achieved in trading barbs with Trump in 2020.
Raphael Warnock (D) – Georgia
It may seem like Raphael Warnock just won his seat, and that’s because he did! His runoff election victory only granted him a two-year term in the US Senate, and he will likely face heavy Republican contention in his follow-up effort. Georgia was able to flip both of their Senate seats blue in 2021, but will that momentum hold for Warnock in 2022?
Rand Paul (R) – Kentucky
Senator Paul is always uttering headline grabbling quotes and manages to stay in the limelight with his take no prisoners style of debate. He is incredibly popular amongst his base in Kentucky, but the same can be said about Mitch McConnell, yet his 2020 election produced betting odds at all the major online books.
Tim Scott (R) – South Carolina
It remains to be seen as to whether Senator Scott holds an advantage in his 2022 Senatorial election race, but considering his status as the lone African American GOP member of that body, his campaign will receive mass media attention. Look for Tim Scott betting lines to appear as soon as a legitimate contender announces their candidacy.
Which Party Holds The Advantage In The 2022 Senate Elections
The 2022 Senate elections are expected to be hotly contested once again as the Democrats try to build on their majority while the GOP attempts to once again regain control. Which party holds the advantage following the 2022 US Senate elections will factor heavily on the performance of President Joe Biden.
If his policies during his first two years gain traction and are viewed favorably by voters, then the DNC will have a solid shot at retaining, or adding to, their current majority. The odds produced by the top legal election betting sites will be revealed before too long, and quite often, they reflect a more accurate election result than pundit predictions.
How To Predict Senate Elections
There are several factors that go into predicting the Senate elections. The most important data points to consider are the following (tempered by the fact that incumbent US Senators on both sides of the aisle enjoy a re-election rate of better than 90%):
- Candidate recruitment – Parties work hard to mold their perfect candidate with the best odds of winning in a given district. Pay attention to the candidates to whom the DNC and GOP committees give the most support.
- Fundraising – Money talks in politics and some candidates have a better financial foundation to stand on. Typically, the more money a campaign has, the better its chance of victory, as it is more able to purchase ad buys and get its candidate’s message out.
- Voting history – Voting history and voter registration data play a big part in predicting which party or candidate is going to win a US Senate race. Gerrymandering, while nominally banned, also occurs, so it’s important to look at redistricting maps where applicable (albeit this is usually less of an issue in statewide Senate races).
- Recent trends – The “recent trends” data point reflects voter sentiment on current events, and it can be informative when picking which Senators you think will win election or re-election.
Red Wave, Blue Wave?
Political experts correctly predicted that the Democratic party would take over the US House of Representatives in the 2018 midterm elections. Oddsmakers were once again correct in their prediction that the DNC would attain a majority in the US Senate following the 2020 election cycle.
What oddsmakers and bettors alike will need to pay attention to is the momentum that each political party builds during the onset of the campaign season, as that will largely determine whether the blue wave will continue to wax, or wane and give way to a red resurgence.
Impact Of The 2020 Georgia Senate Runoff Election
The two Georgia Senate runoffs were won by the Democrat Party’s Ossoff and Warnock, thus delivering the DNC a simple majority in that legislative body. President Joe Biden took office on January 20th, and on that day, the Democrats gained control of Congress, the Senate, and the White House.
Former Senate Majority Leader Mitch McConnell is now arguably the highest-ranking Republican in office, yet he now finds himself as the captain of the minority faction that must play ball with the DNC in order to maintain relevance.
What Are Senate Runoff Elections And Why Do They Happen?
Senate runoff elections do not happen in every state, and only 12 states abide by the runoff election system.
A runoff election happens when more than two candidates run for an office seat, and the electorate’s votes do not give one candidate a 50% majority. The two candidates that received the most votes in that election hold another election (a runoff), where the electorate votes again to give one of those two a majority and decide a winner.
What Are Senate Special Elections And Why Do They Happen?
A special election may happen for any Senatorial seat and is sometimes referred to as a bye-election. State Senators have two-year terms. In some cases, a Senator steps down from office (due to retirement, death, scandal, etc.) before their term ends. A Senate special election refers to an election to fill a vacant Senate seat between a general election.
In some instances, such as in Georgia, the state Governor appoints an interim Senator to fill the vacant seat until the next general election. In other cases, special elections begin at the time an officeholder vacates their seat.
Recap Of The US Senate Betting Odds In 2020
The winners for the following US Senate races (at least those that have been called as of November 4) are featured below in bold.
Odds provided by BetOnline.
Kentucky Senate Race*
- Mitch McConnell -1000
- Amy McGrath +550
South Carolina Senate Race*
- Lindsey Graham -400
- Jaime Harrison +250
Alabama Senate Race*
- Tommy Tuberville -1200
- Doug Jones +750
Arizona Senate Race*
- Mark Kelly -500
- Martha McSally +300
Colorado Senate Race*
- John Hickenlooper -900
- Cory Gardner +500
Iowa Senate Race*
- Joni Ernst -140
- Theresa Greenfield +100
Kansas Senate Race*
- Roger Marshall -500
- Barbara Bollier +300
Maine Senate Race*
- Sara Gideon -300
- Susan Collins +200
Michigan Senate Race*
- Gary Peters -425
- John James +265
Montana Senate Race*
- Steve Daines -175
- Steve Bullock +135
North Carolina Senate Race*
- Cal Cunningham -200
- Thom Tillis +150
*Odds from Nov. 1, 2020.
2020 Congressional Balance of Power Odds
Note: The following odds are currently off the boards, but this is how they looked on Election Day 2020.
Via Bovada
US Senate Control (117th Congress)*
- Republicans +100
- Democrats -130
House And Senate Balance Of Power (117th Congress)*
- Democratic House, Democratic Senate +125
- Democratic House, Republican Senate +175
- Republican House, Republican Senate +500
- Republican House, Democratic Senate +6600
*Odds from Nov. 1, 2020.