If the latest news USA Politics futures odds are correct, the Republicans are poised to sweep back into power during the 2022 US Midterm elections on Tuesday, November 8, 2022.
This is certainly true of the House of Representatives, where the Republicans are expected to make significant gains. Bookmakers tip the Republicans odds-on at -275 to win over 50 seats in the House (lower house).
The Senate (upper house) races aren’t quite so straightforward, however. While the demarcation lines are clear in some states in which allegiance to one or the other party is strongest, several states are definitely up for grabs.
These are the so-called battleground states, of which there are five as per the latest USA Politics futures odds board – Arizona, Georgia, Nevada, New Hampshire, and Pennsylvania.
The significance of these battleground states cannot be understated. They have the potential to decide the future of the country and, simultaneously, impact the upcoming 2024 US Presidential elections.
Get set to bet on political events such as these. Read on for our overview of the House and Senate Futures odds for the House and the aforementioned key battleground states in the Senate races.
House & Senate Odds Overview
Betting on political futures is heating up as the 2022 Midterm elections draw nearer. The Republicans have a commanding advantage to win the most seats at -400 and win over 50 seats at -250 (see odds below).
House of Representatives Election – Most Seats in the Senate
House of Representatives Election – Number of Republican Party Seats
- Over 50 Seats -275
- Under 50 Seats +400
- Exactly 50 Seats +450
It’s long been held that the midterm elections are a sort of referendum on the sitting party. The state of current political affairs in the country would appear to be favoring the GOP’s bid to return to some form of power in advance of the 2024 US Elections.
President Joe Biden’s unpopularity and declining polls, exacerbated by an ongoing global pandemic, economic crisis, cost of living crisis, rising inflation, and international crises, are undermining the Democratic party’s chances of extending its control of the Senate, which they gained in the 2020 US Elections.
As it is, the Democrats and Republicans are tied 50-50 but with vice president Kamala Harris holding the casting vote in the event of a tie.
Five states – Arizona, Georgia, Nevada, New Hampshire, and Pennsylvania will be key for the Democrats to either hold or win over. The first four have Democratic incumbents fighting for reelection, but only three of this foursome are favorites.
- Republicans -110
- Democrats -130
The Arizona senate race is delicately poised between the Republicans and Democrats. Sen. Mark Kelly (Democrat) defeated Republican incumbent Martha McSally during the November 3, 2020, US Elections. The GOP is yet to put forward its candidate.
- Republican -105
- Democrats -135
Trump-endorsed Republican candidate Herschel Walker is in with a shot to usurp Democrat Raphael Warnock in the Georgia Senate race as per the betting odds. The market is tighter than an accountant’s purse, though as per the US Politics Future odds. Georgia was pivotal to the Democrats winning in 2020, so it’s not surprising that it’s once again front and center.
- Republicans -165
- Democrats +125
The Democrats won Nevada in the 2020 US Presidential elections. The GOP wants it back. Republican hopeful Adam Laxalt has Trump’s support in an extremely favorable climate for Republicans as he challenges incumbent Sen. Catherine Cortez Masto.
- Republicans +160
- Democrats -230
Of all the so-called battleground states, the Democrats have the best shot to retain New Hampshire. Four-term Democratic Senator Chuck Schumer is running for a fifth term.
- Republicans +110
- Democrats -150
Republican Senator Pat Toomey announced a while back that he would not be running for re-election in 2022. This leaves Pennsylvania up for grabs by both parties. As it is, the Democrats would appear to have the edge. Mehmet Oz is running for the Republicans and John Fetterman for the Democrats.Follow us on Twitter