2024 United States Election Odds
Betting or wagering on the outcome of political events is not permitted in the United States and may be restricted in certain jurisdictions outside the United States.
US Presidential Election Analysis
United States President Joe Biden announced on Sunday July 21, 2024 announced that he will drop out of the 2024 presidential race against former President Donald Trump.
The announcement came via his X handle and he plans to answer more questions later this week when he addresses the media.
What's next for the Democratic party is uncertain but the group needs to have a new nominee by next month's convention.
Even with the Biden news coming Sunday, Trump remains a consensus 1/2 betting favorite (Bet $100 to win $50) to capture the 2024 United States Election in November.
Vice President Kamala Harris is hovering between 11/4 (Bet $100 to win $275) and 5/2 odds (+250) after Trump. Many believe she's the logical choice, although unpopular in the party and nation as well.
The Democratic National Convention is scheduled for Aug 19-22 in Chicago, Illinois.
Other female Democratic candidates on the move after Biden's announcement include the trio of Michelle Obama (16/1), Gretchen Whitmer (20/1) and 2016 candidate Hillary Clinton (30/1).
Regardless of who the party chooses, the Republican Party (-200) will be favored over the Democratic Party (+137) while Independents are sitting at a 50/1 longshot price.
2024 U.S. PRESIDENTIAL ELECTION BETTING ODDS
- Donald Trump 1/2
- Kamala Harris 11/4
- Michelle Obama 16/1
- Gavin Newsom 16/1
- Gretchen Whitmer 20/1
- Hillary Clinton 30/1
- Robert Kennedy Jr. 60/1
- All Other Candidates listed at 100/1 or higher
bet365, a legal UK-based operator, is offering odds on US political events such as this one. In the US, bet365 takes bets on sports and offers online casino betting in select states: US-based bettors can not wager on political events.
Odds Subject to Change
2024 U.S. PRESIDENTIAL ELECTION TOP 5 CONTENDERS
- Donald Trump 1/2
- Kamala Harris 11/4
- Michelle Obama 16/1
- Gavin Newsom 16/1
- Gretchen Whitmer 20/1
How to Read the Odds:
Ex. Bet $100 on Donald Trump (1/2) to win $50
Ex. Bet $100 on Kamala Harris (11/4) to win $275
Ex. Bet $100 on Gavin Newsome (16/1) to win $1,600
2024 US PRESIDENTIAL WINNING PARTY ODDS
- Republicans 1/2 (Bet $100 to win $50)
- Democrats 11/8 (Bet $100 to win +137)
- Independent 50/1 (Bet $100 to win +5,000)
2024 PRESIDENTIAL ODDS: KEY INFO
- Election Date: November 5, 2024
- Democrat Candidate: TBD
- Republican Candidate: Donald Trump
PARTY NOMINATION ODDS
bet365 has odds available for both the Democratic and Republican nomination for the 2024 U.S. Presidential Election. As it is with the Political betting market, these odds are not available for legal wagering in the United States, but is regulated in other jurisdictions.
The global sportsbook has plenty of options available for these betting markets, which include politicians, actors, news personalities and many other individuals.
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. While this type of betting is not available in the US, other betting on sporting events is available-- and you can use a DraftKings promo code for some extra bonuses when you sign up.
U.S. PRESIDENTIAL ELECTION - SWING STATE ODDS
According to many political pundits and news mediums in the United States, the 2024 U.S. Presidential Election between incumbent Joe Biden and a yet-to-be-named challenger. In the US, presidential elections are determined by six critical battlegrounds, which is often called the "swing states" race, due to their ability to swing an election in favor of one or another candidate.
These so-called "battleground" states have been determined below:
2024 U.S. ELECTION - SWING STATES
- Arizona
- Georgia
- Michigan
- North Carolina
- Pennsylvania
- Wisconsin
If you're in one of these "battleground" states, consider the odds closely when deciding who to vote for. In particular, if North Carolina residents want to evaluate the odds, they should visit the best North Carolina Sportsbooks.
BETTING ON US ELECTIONS
Betting on political elections is no different than a typical sports wager. You have your typical money-line or fractional bet. Totals players can bet on the total number of Electoral College votes each candidate wins in the election.
Again, Americans are not legally allowed to bet on politics in the US.
GLOBAL SPORTSBOOKS OFFERING US ELECTION ODDS
Legal sportsbooks in the United States do not offer odds on the 2024 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 UK-based sportsbooks with a presence in the US offer election betting markets overseas.
BETTING ON SPORTING EVENTS IN THE US
While you cannot bet on political events in the US, you can absolutely bet on sporting events! A growing number of states have legalized online sportsbooks-- make sure to check our state guides and reviews for information on bonuses, betting, and more.
Check out the new user BetMGM bonus code offer before placing your bets on any sporting events for the best odds!
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.
HOW DO I BET ON THE 2024 ELECTION?
Again, you can't in the US. 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.
WHAT KIND OF ELECTION PROP BETS ARE THERE?
The most straightforward political prop bet for the US election is simply "Who will win the 2024 US presidential election?" You can also find prop bets on things like "first to have classified documents leaked"; "first woman to win Presidential seat", etc. It's a wild world out there for election bettors, but if you're in the US, you're prohibited from making prop bets on US politics.