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Nevada Senate Odds: Oddsmakers Believe Nevada Senate Seat Is Republicans’ To Lose

Oddsmakers have been consistent with their belief that a red wave is coming in November. That means that battleground states that Democrats had been establishing as blue are once again tossups.
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Nevada Senate Odds: Oddsmakers Believe Nevada Senate Seat Is Republicans’ To Lose

Oddsmakers have been consistent with their belief that a red wave is coming in November. That means that battleground states, like Nevada, that Democrats had been establishing as blue are once again tossups.

Nevada Senate Odds Breakdown

Incumbent Senator Catherine Cortez Masto is in jeopardy. Oddsmakers believe she’s the underdog to hold her seat, as she’s given +150 odds or an implied 40% chance to hold her seat. Meanwhile, Republicans, likely Adam Laxalt, are given -167 odds or an implied 62.5% chance to win back a seat in Nevada.

Nevada Senate Odds

PartyOddsImplied Chance
Catherine Cortez Masto+15040%
Republican-16762.5%

Nevada Senate Odds - Betting Data

It’s not just the oddsmakers though. Over the last 30 days, 67% of bets placed on European markets have been placed on Republicans to win the seat. Meaning only 33% of bets have been placed on Democrats.

Democrats have won every statewide election since 2016. During that time Cortez Masto and Jackie Rosen became senators, Steve Sisolak became Governor, and Joe Biden became President. That may have caused some to see the state as an increasingly safe blue seat.

However, every race has been incredibly competitive. Cortez Masto had just 47.1% of the vote in 2016, Sisloak only 49.4% in 2018, Rosen had 50.4% in 2018, and Biden had 50.1%. In none of those four races was the seat safely blue. With the political winds changing now, Nevada looks like a prime seat for Republicans to gain.

Nevada Senate Odds

PartyOddsImplied chance
Republican-16762.5%
Democratic+15040%

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A PR Associate at @OddsCheckerUS. Available for Podcasts, Radio, and TV. Quoted in Forbes, Chicago Tribune, Sports Illustrated, and more.

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