US Election Odds FAQ
There are two basic types of elections in the US political system – those are primary and general. Primary elections are in place to nominate someone from a field of candidates who will run in the general election in question. A general election is an election held to choose among candidates nominated in a primary for federal, state or local office.
Yes, US elections come around every four years. The importance of the outcome of elections to people across the globe, coupled with the fact there are so many markets available to bet on, makes for a really exciting time to wager.
These elections are held in order to establish who congressional representatives will be, but not to elect a president. Every two years Americans must elect members for the US House of Representatives to two-year terms and one about one-third of US senators serve six-year terms. Voters will also select officials to state and local government posts.
A caucus is a meeting in which registered members of a political party in a residential area of varying size (even cities) can express support for a particular candidate. Caucuses involve many separate meetings held simultaneously at a variety of locations, in order to establish state party nominees. The rules vary from state to state and party to party.
American citizens must be 18 and older in order to register to vote. As long as the vote is cast before the deadline and meets state requirements, the vote will be counted.
General elections are held on the first Tuesday after the first Monday of November, meaning it will be held on November 3rd for the 2020 general election.
General elections are held once every four years, with each President being allowed a four-year term before they can apply to remain in office for a second term, or a new President is brought in. The maximum period in office possible is 8 years.
The Electoral College is a group designated by states to cast votes for the president and vice president on behalf of state citizens. Electors are chosen on the day of the general election. The Electoral College, not the popular vote, elects the president, but the two votes are tied closely.
State and local governments decide the dates for primary elections or caucuses. These dates, as well as the amount of time between the primary and general election, drastically influence how early candidates begin campaigning and how they decide to spend campaign funds.
The way the government works in the US, there are only two political parties; The Democrats and the Republicans. It’s a dated system that lives on today.