2024 UNITED STATES PRESIDENTIAL ELECTION ODDS

The 2020 U.S. Presidential Election saw Americans cast their ballots on Tuesday Nov. 3 and while that day has come and gone, the results still aren’t official at many sportsbooks.

Technically the official 2020 U.S. Election results won’t be finalized until January and while that comes off as confusing, you can find out why by searching any “Civics Nerd” website and understanding the intricacies of the process.

For those not willing to search, keep an eye on December 14 as a key date since Electors in their respective states will cast their delegates for the president. Whichever candidate wins the race in each state, then that individual will receive all of the electoral votes.

You can check out all the 2020 U.S. Presidential Election resources and odds data below but not before we fast forward to the U.S. 2024 Presidential Election.

Yes, that betting market is already available!

William Hill, a legal US operator in the United States, also has betting shops set up overseas and they’re one of the first to open their numbers.

Along with well-known political candidates above, William Hill is offering some long shot prices on American celebrities or business tycoons who have teased many with their intent to run for the office.

2024 U.S. PRESIDENTIAL ELECTION CONTENDERS

  • Kamala Harris +350
  • Joe Biden +500
  • Donald Trump +700
  • Mike Pence +1100
  • Nikki Haley +1400
  • Alexandria Ocasio-Cortez +1600

Some of the long shots include:

  • Dwayne Johnson aka “The Rock” 25/1
  • Kanye West 66/1
  • Oprah Winfrey 100/1
  • George Clooney 100/1

Listed below are odds per William Hill, which are always subject to change.

2024 U.S. PRESIDENTIAL ELECTION BETTING ODDS

PRESIDENTIAL ELECTION FUTURES

Odds To Win 2024 U.S. Presidential Election

CandidateOdds
Kamala Harris7/2
Joe Biden9/2
Donald Trump7/1
Mike Pence10/1
Nikki Haley12/1
Alexandria Ocasio-Cortez16/1
Ivanka Trump25/1
Dwayne Johnson25/1
Pete Buttigieg33/1
Tucker Carlson25/1
Michelle Obama33/1
Ted Cruz50/1
Tom Cotton50/1
Andrew Cuomo50/1
Elizabeth Warren50/1
Mike Pompeo50/1
Josh Hawley66/1
Andrew Yang66/1
Dan Crenshaw66/1
Gavin Newsom66/1
Paul Ryan66/1
Kanye West66/1
Amy Klobuchar66/1
Bernie Sanders66/1
Ann Coulter80/1
Stacey Abrams100/1
Matt Gaetz100/1
Kimberly Guilfoyle100/1
Oprah Winfrey100/1
George Clooney100/1
Meghan Markle100/1
Hillary Clinton100/1
Mitt Romney100/1
Candace Owens100/1
Gretchen Whitmer100/1
Michael Bloomberg100/1
Ron DeSantis100/1
Joe Kennedy III100/1
Marco Rubio100/1
Mark Zuckerberg100/1
Elon Musk100/1

2020 U.S. PRESIDENTIAL ELECTION RESOURCES

UPDATED 2020 U.S. ELECTION ODDS

PRESIDENTIAL ELECTION FUTURES

Odds To Win 2020 US Presidential Election (11/3/2020)

CandidateAmericanFractionalDecimal
Joe Biden-10001/101.10
Donald Trump+100010/111.0

Updated Fri, Nov. 6, 8:30 AM ET - Consensus Odds Provided by VI - Subject to Change

While betting on the U.S. Election or any Political race isn’t legal in the United States, these betting markets could be available in 2024, some guessing 2028 at the very latest.

After watching the “so-called experts” on television boast about their polls, it’s safe to say that the gambling markets should be part of their process going forward.

UPDATED 2020 U.S. ELECTION ODDS - STATES

The four states that will decide the 2020 U.S. Election are:

  • Georgia
  • Nevada
  • North Carolina
  • Pennsylvania

The oddsmakers have updated odds on those states and as of Friday morning, the oddsmakers believe the writing is on the wall for Joe Biden.

Biden is favored in three of the four states left standing, while Trump is expected to take North Carolina.

AFTER ELECTION DAY - STATE ODDS

Odds To Win 2020 Swing State Electoral Votes (11/3/2020)

PartyGeorgiaNevadaNorth CarolinaPennsylvania
Biden-1200-2000+500-400
Trump+600+750-900+275

Updated Fri, Nov. 6, 8:30 AM ET - Consensus Odds Provided by VI - Subject to Change

BIG BETS - US ELECTION

According to the Political Gambler, seven-digit wagers have started to show up at the betting counter overseas.

Now, on election day, this huge bet has just been beaten. An unnamed British gambler bet $5m on Trump to win at 37/20, according to FOX Business. While the high-stakes bettor went with a Curacao-based bookie, the trend of non-US gamblers putting their money where their mouth is when it comes to US politics signals that politics betting could come to the US – perhaps sooner rather than later.

2020 has been a particularly wild year and that's a subtle comment for sure. It seems like everyone's pissed off and for good reason. But one way or another, most of us Americans feel like everything will come to a head on November 3.

Naturally, though betting on politics is illegal in the US, online sportsbooks around the world are already taking lines on who's winning the election. So while traditional political betting can't be found stateside – see below for what contests you can enter – everyone's wondering: what are President Trump's odds to win? Keep reading for the current 2020 election odds, analysis that goes beyond the polls, and who are the favorites to win.

2020 PRESIDENTIAL ODDS: KEY INFO

  • Election Date: November 3, 2020
  • Democrat Candidate: Joe Biden
  • Republican Candidate: Donald J. Trump

2020 U.S. PRESIDENTIAL ELECTION ODDS BETTING STRATEGY

Sid Rosenberg, co-host of the popular New York radio show "Bernie & Sid in the Morning" on 77WABC, joins Kevin Rogers and the VegasInsider.com YouTube channel for a betting breakdown of the upcoming election.

Known as a political pundit both in New York and nationally, Rosenberg provides his "Best Bets" on the election and he offers up his quick picks on either Trump or Biden in the key battleground states. But not before, K-Rog breaks down the odds on the 2020 U.S. Presidential Election while providing a look back at recent elections.

Enjoy the video below and be sure to like, subscribe and comment with your picks on the upcoming election.

HANDICAPPING THE POLLS FOR THE PRESIDENCY

The 2020 U.S. Presidential election is less than two months away, and Democratic candidate Joe Biden has increased his lead in the polls and various sportsbooks abroad. And some believe that online betting markets are better to forecast who will win on November 3.

The former Vice President is the favorite according to international oddsmakers, including bet365 and William Hill. And who could blame them? Biden has held substantial poll numbers over President Donald Trump the past two months, mainly due to COVID-19 cases rising across the country.

Despite relatively strong Biden election odds, they could be the highwater mark for him before the November election. One the other hand, the president still has plenty of time to right the ship, with Trump betting odds offering a return. Granted, this is not quite as attractive a play for a sitting president. But to improve his chances, the president will need to see the economy bounce back and job numbers, after the latest surge in coronavirus cases.

Of course, there were many folks who thought Bernie Sanders might claim the Dem ticket early on in the primary. And during the presidential debates for the Democrat candidate, things seemed on the up and up for Sanders. Many so-called Bernie Bros felt 2020 would make up for 2016. Unfortunately for the presidential nominee hopeful, Biden shored up his lead on Super Tuesday, particularly in North Carolina. Biden went on to win South Carolina, West Virginia, and by mid-March, had an insurmountable lead across the US.

And while there has been publicity for Kanye West after announcing his candidacy, we’re going to say the 200/1 longshot is not going to be a factor. Besides, West seems to have some things he needs to sort outAndrew Cuomo, for his part, was also briefly considered, at least on some long-shot odds, but the Governor of NY seems content to stay in Albany for the time being.

HOW DOES THE US PRESIDENTIAL ELECTION WORK?

The United States uses Electoral Colleges to determine the president and vice president. The candidate with 270 Electoral College votes takes the presidency. Each state is assigned a set of votes based on the number of representatives in the House of Representatives, with two more added for the senators each state has in Congress. The candidate with the most votes for a particular state will take all of the Electoral College votes (Nebraska and Maine dole out their Electoral votes based on the proportion of the popular vote each candidate gets) to reach that magic number of 270. But just because you win the presidency doesn’t mean you won the nation’s popular vote.

There have been five instances when the winner hasn’t had more votes by the people. While three of those instances happened during the 1800s (John Quincy Adams, Rutherford B. Hayes, and Benjamin Harrison), we’ve seen it happen in two of the last four presidential elections: George W. Bush in 2000 and Donald Trump in 2016 won against Al Gore and Hillary Clinton, respectively.

And before you ask, yes, global bookmakers offer bets on different party combinations for the Electoral College and popular vote.

U.S. President Donald Trump has been making a big push in Pennsylvania despite being an underdog in the battleground state. (AP)

U.S. PRESIDENTIAL ELECTION - SWING STATE ODDS

According to many political pundits and news mediums in the United States, the 2020 U.S. Presidential Election between Donald Trump and Joe Biden will be determined by eight critical battlegrounds, which is often called the 'swing states' race.

Those states have been determined below:

U.S. ELECTION - SWING STATES

  • Arizona
  • Florida
  • Georgia
  • Michigan
  • Minnesota
  • North Carolina
  • Pennsylvania
  • Wisconsin

The roadmap ahead for Trump and Biden is clear – win the swing states and you’ll win the election.

Listed below are the consensus betting odds from legal sportsbooks that are offering markets on who will win the Electoral Votes for each swing state.

SWING STATE ODDS - DEMOCRATS VS. REPUBLICANS

SWING STATE ODDS

Odds To Win 2020 Swing State Electoral Votes (11/3/2020)

PartyArizonaFloridaGeorgiaMichigan
Biden-125+150+145-400
Trump+105-170-165+300
PartyMinnesotaNorth CarolinaPennsylvaniaWisconsin
Biden-390-130-200-380
Trump+320+110+180+310

Looking above the "Consensus Odds" for the eight states, you can see that Joe Biden is favored in six races as of Sunday, Nov. 1.

The largest betting action on Trump came in on ArizonaFlorida and Georgia while Biden has been made a heavier favorite in Minnesota and Wisconsin.

Most pundits have said that the key state is Pennsylvania, which Trump won in 2016 over Hillary Clinton.

"The Keystone State" is leaning to Biden this time around and the odds (-200/+180) are very similar to the general election numbers.

To put things in perspective for sports bettors, the Philadelphia Eagles were -240 favorites to defeat the New York Giants in Week 7 on Thursday Night Football.

For those don't follow the NFL, the Eagles barely captured a 22-21 decision over the Giants.

Update Tue, Nov. 3, 7:45 AM ET - Consensus Odds Provided by VI - Subject to Change

ODDS TO WIN 2020 POPULAR VOTE/ELECTORAL COLLEGE VOTE

Update Tue, Nov. 3, 7:45 AM ET - Consensus Odds Provided by VI - Subject to Change

POPULAR VOTE/ELECTORAL COLLEGE FUTURES

Party Odds To Win 2020 U.S. Presidential Election Popular Vote/Electoral College (11/3/2020)

Popular Vote/Electoral CollegeAmericanFractionalDecimal
Democrat/Republican+2505/23.5
Republican/Democrat+950095/196.0
Republican/Republican+7007/18.0
Democrat/Democrat-2001/21.50

HOW TO BET ON POLITICAL ODDS

Betting on political elections is no different than a typical sports wager. You have your typical money-line or fractional bet. Totals players can get their fix with how many Electoral College votes each candidate wins in the election.

Again, Americans are not legally allowed to bet on politics in the US. That said, one well-known sportsbook, DraftKings, has found a fun way to offer action while following regulations: Pools.

DRAFTKINGS PRESIDENTIAL DEBATE POOL

Players at DraftKings Sportsbook can join the Free $50k Pool: First Presidential Debate now and pick the props you think will win in the debate between Trump and Biden on Tuesday, September 29, at 9:00 PM Eastern. By offering a free-to-enter pool, players can see how their predictions will pan out. The winner of the pool will snag, as you might imagine, the $50k prize.

Beyond the first debate, there's also the DraftKings Sportsbook Presidential Election pool. This one has double the prize, so a total prize pool of $100k! Similar to the debate pool, there are a bunch of props you can choose from. Pick the right answers and you could win the "full monty."

HANDICAPPING THE ODDS FOR THE DEMOCRATIC VICE PRESIDENTIAL NOMINEE

Kamala Harris, the junior senator from California, has emerged as the Democratic VP candidate. Before her nomination, William Hill had her as the -175 favorite (bet $175 to win $100) to join Joe Biden’s ticket. Seems they picked right; makes sense for such a storied sportsbook.

Former National Security Advisor Susan Rice (+250) climbed up the chart as a second option as Biden’s running mate. Her background in foreign policy and familiarity with the former VP during the Obama administration certainly lent credence to her chances. Of course, now we know Harris cinched the pick.

ODDS TO WIN 2020 DEMOCRATIC VP NOMINATION

DEMOCRATIC VICE PRESIDENTIAL NOMINATION FUTURES

Odds To Win Democratic Vice President Nominee (11/3/2020)

CandidateAmericanFractionalDecimal
Kamala Harris-1754/71.57
Susan Rice+33310/34.33
Karen Bass+120012/113.0
Tammy Duckworth+120012/113.0
Elizabeth Warren+140014/115.0
Michelle Obama+250025/126.0

GLOBAL SPORTSBOOKS OFFERING US ELECTION ODDS

Legal sportsbooks in the United States do not offer odds on the 2020 United States Presidential Election, or any other political election. This is because betting on politics in the US is prohibited by law. That said, some familiar US sportsbooks with a presence in other countries offer election betting markets overseas.

POINTSBET'S US ELECTION ODDS

First up, PointsBet offers their Australian customers some impressive lines on the US Election. Ignoring all of the candidates included just to offer options, PointsBet AU has odds in line with some other sportsbooks, as you'll see. Note, PointsBet displays their lines in decimal odds.

  • Joe Biden: 1.50 (-200)
  • Donald Trump: 2.60 (+160)

The global sportsbook also has odds, albeit long shot choices, on the two Vice Presidential candidates.

  • Kamala Harris: 251.00
  • Mike Pence: 501.00
Most pundits believe Mike Pence won the first Vice Presidential debate and the oddsmakers agree. (AP)

Unlike much of the media, PointsBet is putting equal chances for both candidates. In addition to the straight outcome, PointsBet is taking wagers on a handful of US Election prop bets:

  • Winning Party
  • Gender of the Next President
  • Popular Vote Winner
  • Electoral College Votes
  • Vote Percentage

Guess we'll have to wait and see what happens in November.

BETFAIR EXCHANGE ODDS FOR THE US ELECTION

Another possibly familiar name, Betfair runs a betting exchange, which is a bit like taking betting and tossing it down to Wall Street. Unlike running 50/50 odds, Betfair Exchange has Biden as a slight favorite to win, though if Trump wins the payout will be slightly better. Like PointsBet, Betfair shows decimal odds and offers most of the same props beyond the outright winner.

Betfair recently announced that Trump vs. Biden U.S. Election betting market has become the largest single betting event in history, topping enormous events like the Super Bowl and World Cup final.

As of Thursday Oct. 29, over $260M was wagered on the event and the overall handle could exceed $400M by next Tuesday.

  • Joe Biden: 1.50 (-200)
  • Donald Trump: 2.87 (+187)

UNIBET US PRESIDENTIAL ELECTION ODDS

Betting fans in New JerseyPennsylvania, or Indiana should know Unibet by now, which globally is a huge online sportsbook brand. Americans living on the Canadian border may also have some past experience with Unibet, as they offer typical American odds for our northern neighbors. Unibet is putting Biden and Trump at even odds right now, so they don't seem to have any clearer picture on who will win than most Americans.

  • Joe Biden: 1.50 (-200)
  • Donald Trump: 2.7 (+170)

Note, Unibet Canada is only taking wagers on the outright winner, so there are no props for the US Election in the "Cold America".

OTHER US ELECTION GLOBAL ODDS

Two other major betting shops – bet365 and William Hill – that operate in the United States and overseas are offering plenty of opportunities for bettors in those regions.

FRACTIONAL ODDS

  • Joe Biden 8/15
  • Donald Trump 13/8

AMERICAN ODDS

  • Joe Biden -187
  • Donald Trump +162

ELECTION DAY BETTING ANALYSIS

Similar to the above video, Sid Rosenberg provides another in-depth preview of Tuesday's election with the popular U.S. network Newsmax.

Update Tue, Nov. 3, 7:45 AM ET - Consensus Odds Provided by VI - Subject to Change

US PRESIDENTIAL ODDS FAQ

CAN I BET ON THE US PRESIDENTIAL ELECTION? WHERE?

At this time, it is illegal to bet on politics in the United States. So, short answer, no. However, DraftKings is running free-to-play pools to guess the outcomes of the 2020 US election prop bets. Plus, the DraftKings Presidential Election Pool has a $100,000 prize pool! Check it out today!

HOW DO I BET ON THE 2020 ELECTION?

Again, you can't, not legally anyway. Some offshore bookmakers offer lines, but we absolutely do not recommend that. There's much more risk involved, and you can't be certain you'll receive any winnings or be able to withdraw your money. If you want to get in on the action, try out DraftKings Election Pool!

WHAT KIND OF ELECTION PROP BETS ARE THERE?

The most straightforward political prop bet for the US election is simply 'Who will win the 2020 US presidential election?'. Odds are then presented; currently, Trump is at +175 and Biden is at -200. This makes Trump the underdog, and for you, that means if you bet $100 on Trump winning, and he does, you win $175 (on top of your initial stake of $100).