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Georgia Senate Runoff Election Gambling Odds

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The runoff election for Georgia’s two senate seats is on Tuesday. The stakes are very high for Republicans and Democrats because the election is effectively for control of the Senate. If Democrats win both seats, it will be 50-50, with Vice President-elect Kamala Harris serving as the tie-breaking vote. If Republicans win one or both seats, they maintain control of the Senate.

Over at the UK book Paddy Power, which, like OutKick’s gambling partner FanDuel is owned by Flutter, here are the odds for the races:

David Perdue (R): 10/11 (-110)
Jon Ossoff (D): 10/11 (-110)

Kelly Loeffler (R): 5/4 (+125)
Raphael Warnock (D): 4/7 (-175)

What this means is that David Perdue and Jon Ossoff are in a dead heat where there is no current betting favorite. For both of them, you would need to risk $110 to win $100. In the other race, Raphael Warnock is favored, but not necessarily prohibitively. You would need to risk $175 to win $100 on him. If you risked $100 on Senator Loeffler and she won, you would win $125. If this were a football game, Warnock would be favored by perhaps a field goal or less.

Written by Ryan Glasspiegel

Ryan Glasspiegel grew up in Connecticut, graduated from University of Wisconsin-Madison, and lives in Chicago. Before OutKick, he wrote for Sports Illustrated and The Big Lead. He enjoys expensive bourbon and cheap beer.

6 Comments

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  1. Just sickening that such an awful piece of crap like Warnock stands to be elected, and that’s without even touching on Perdue with his various ties to China, as well as openly praising them, but I’ve been saying for a while now the only fix to save America is a second civil war and this just reinforces that.

  2. If you are going to bet then make sure you shop around for the best odds. It would make sense to estimate how much more you are going to pay in taxes if Democrats take the Senate and make a wager large enough to offset or at least minimize your tax liability.
    Call it a Democrat insurance bet.

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