Joe Biden has had a rocky Presidential term — and that’s a very bipartisan assessment. Since January 2021, the United States’ economy has dialed back big time with record inflation, decreasing asset prices, and skyrocketing interest rates. How much Biden is to blame for that is a question for another article, however, we want to instead evaluate Biden’s approval rating with the American public (which is influenced by those factors). It’s the subject of a special bet right now, which we believe is deserving of your money. Keep on reading for an in-depth look at this wager.
What Biden’s approval rating will be by February 1 is what’s available for betting right now. There are seven different betting options available at top political betting sites. With so much variety, it’s created a wide-open betting field as you can see below:
|40.00% - 40.99%||+1100||+1100|
|41.00% - 41.99%||+500||+500|
|42.00% - 42.99%||+200||+200|
|43.00% - 43.99%||+200||+200|
|44.00% - 44.99%||+300||+300|
What Is Biden’s Approval Rating Right Now?
Alright, there are A LOT of approval ratings — and we mean a lot. Many news organizations and political surveyors do independent studies. There’s not one definitive poll that’s weighed above the rest, unfortunately. However, there is a trusted source that aggregates many of the most-trusted polls. This aggregate is done by the ESPN-owned FiveThirtyEight site, which is the best gauge for Biden’s approval rating right now.
According to FiveThirtyEight (which is run by famed statistician Nate Silver), Biden’s approval rating is currently 43.9 percent. The website also states that 51.1 percent of Americans disapprove of the president’s performance. The numbers need context to put into perspective where Biden is trending, whether it’s up or down.
Believe it or not, Biden is actually on the upswing. That’s because Biden’s lowest approval rating was actually 37 percent, this back in July of 2022. A seven-percent increase is not a small accomplishment — especially in the face of ongoing economic issues. Possible reasons for the climb can be attributed to Democrats having a better-than-expected showing in November’s midterms. Moreover, Biden has passed multiple new bills, including the Inflation Reduction act and last month’s omnibus funding bill.
However, Biden faces a brand-new public challenge from now and February 1 when the bet settles. This challenge is not macro — inflation, rates, etc. — it’s actually a personal issue that Biden made a big fuss about before. We’ll explain at length underneath as we offer our betting advice.
What Will Biden’s Approval Rating Be On February 1?
The number-one issue — that’s currently public knowledge — that’s going to influence this betting outcome is Biden’s classified documents. The story is dominating the airwaves, and the issue at hand also involves the radioactive Donald Trump.
In case you’re unaware, here’s the skinny: Joe Biden has wrongly been holding classified documents in his own belongings. First, classified docs were discovered at the Penn Biden Center in Washington, during his time as vice president. This was in November before the midterms, but was, ironically, not disclosed until January. More classified evidence was found in Biden’s garage and Deleware home.
The connection to Trump is obvious: the 45th president was also caught red-handed with documents. It took an FBI raid into Trump’s Mar-A-Lago to find them but they did. This was back in August and at the time, Biden quipped, “I just want you to know I’ve declassified everything in the world. I’m President, I can do – c’mon…” Oops. As it turns out, Biden and Trump have effectively done the same thing.
Now both political rivals — and perhaps 2024 presidential nominees — are under investigation for the mishandling of classified info. Attorney General Merrick Garland has appointed former U.S. attorney, Robert Hur, as a special counsel to look deeper into the matter.
We’ll be completely honest with you: we think this is a non-issue — both from an investigative standpoint and a public perception standpoint. We’d be stunned if anything comes out of it. Look, just the optics of punishing the past two presidents doesn’t look good for Garland and company. The two might get a slap on the wrist, but an indictment, which is a real possible consequence for Trump (not just for the docs, but for obstruction as well), seems like a stretch now.
Then there are the people: is anyone really surprised by this? Republicans can pretend they are, but we’re of the belief most Americans already believed this was happening — not just with Biden and Trump but any politician that has access to sensitive information. To us, Biden’s approval rating stays the same as the new month hits, barring an explosive new revelation. We’re betting the rating stays in the 43-percent range.
How To Bet On US Politics?
If you want to lock in this special bet on US politics, then you need to visit one of the bookmakers featured underneath. These offshore online sportsbooks are the ONLY places you can legally bet on politics. That’s because regulated US-based bookies are barred from offering lines on politics. However, no such rule exists for offshore bookies like the ones you see below.
Use the table to pick the best sportsbook for you. In the table, we’ve listed two key pieces of information — bonus details and the latest sportsbook reviews — which makes choosing a site all the easier.