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Texas Senate Election Betting Odds: Cruz is the Favorite

The race to the midterm elections is in full swing and the November 6 election date in Texas is bound to be one of the most memorable in recent memory. Incumbent Ted Cruz, who has represented the state as a Republican since 2013, is being pushed hard by up-and-coming Rep. Beto O’Rourke (D) who serves Texas’s 16th district. Cruz is the betting favorite with -300 odds to hold on to his position. O’Rourke’s odds are +240 to unseat him. 

Cruz is Ahead in the Polls

Cruz, who serves on the Judiciary Committee (you may have heard about it these last couple of weeks), is leading in most polls, albeit by a margin that is manageable for O’Rourke. Here’s a look at the polls we have seen:

New York Times Poll
  • Ted Cruz                      53%
  • Beto O’Rourke             44%
  • Undecided                     3%
Emerson College  Poll (Via The Hill)
  • Ted Cruz                      47%
  • Beto O’Rourke             42%
  • Undecided                     8%
The CBS News/YouGov Battleground Tracker poll
  • Ted Cruz                      50%
  • Beto O’Rourke             44%
  • Undecided                     6%

This is a Republican Seat, Right? 

The outside world might think, “Oh, Texas, that’s Republican. Why is Beto even running?” But they’d be quite wrong in thinking it’s a foregone conclusion that the Lone Star State is a lone party state too.

Sure, the Senate seat from Texas has been locked in for the Republicans since Kay Bailey Hutchison in 1993, but before that, the seat belonged to the Democrats for 145 of the previous 147 years.

Think you can predict who takes this seat on November 6? Here are the current odds at Bovada to win the Texas Senate race:

2018 US Senate Election WInner - Texas
  • Ted Cruz  (R)                    -300
  • Beto O’Rourke  (D)           +240