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.
The rematch between President Joe Biden and former President Donald Trump is on and despite one candidate out campaigning daily and another in a courthouse, the odds have not changed.
Former U.S. President Donald Trump is facing a criminal trial in New York and despite the perception, he's still a slight favorite to defeat Biden on Election Day, Tuesday November 5, 2024.
Oddsmakers are currently offering plus-money returns on both candidates for the upcoming face-off between Trump and Biden.
Trump remains the slight favorite at 6/5 (Bet $100 to win $120) to capture the 2024 U.S. Presidential Election.
Joe Biden is sitting at 5/4 odds (Bet $100 to win $125) to repeat as U.S. President.
Bettors believing that Trump or Biden will not be on the ticket next November still have opportunities, according to the oddsmakers but the longshots and outsiders remain just that.
Notable opportunities, longshots and outsiders in many eyes, include Michelle Obama (16/1), Robert Kennedy Jr. (16/1) and Gavin Newsome (28/1).
Kennedy continues his attempt to break through, most notably with popular picks for Vice President. While his odds to win the U.S. Presidential Election didn't change, another popular betting market could be in play according to SportsHandle.com.
The Republican National Convention will be held between July 15-18 from Milwaukee, Wisconsin while the Democratic National Convention is scheduled for Aug 19-22 in Chicago, Illinois.
2024 U.S. PRESIDENTIAL ELECTION BETTING ODDS
- Donald Trump 6/5
- Joe Biden 5/4
- Michelle Obama 16/1
- Robert Kennedy Jr. 16/1
- Gavin Newsom 28/1
- Kamala Harris 33/1
- Nikki Haley 50/1
- Gretchen Whitmer 70/1
- 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 6/5
- Joe Biden 5/4
- Michelle Obama 16/1
- Robert Kennedy Jr. 16/1
- Gavin Newsom 28/1
How to Read the Odds:
Ex. Bet $100 on Donald Trump (6/5) to win $120
Ex. Bet $100 on Joe Biden (5/4) to win $125
Ex. Bet $100 on Gavin Newsome (28/1) to win $2,800
2024 PRESIDENTIAL ODDS: KEY INFO
- Election Date: November 5, 2024
- Democrat Candidate: TBD
- Republican Candidate: TBD
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.
2024 DEMOCRATIC NOMINEE ODDS
- Joe Biden 1/8
- All Other Candidates listed at 150/1 or higher
2024 REPUBLICAN NOMINEE ODDS
The betting markets for the 2024 Republican Party nominee have been taken off the board with Donald Trump locking up the bid and now the attention has been moved to his choice for his running mate.
The field appears to be wide-open at this point but two individuals, Governor of South Dakota Kristi Noem (+650) and South Carolina Senator Tim Scott (+350) have attracted interest from bettors.
2024 Republican Vice President Nominee
- Tim Scott 7/2
- Tulsi Gabbard 6/1
- Kristi Noem 13/2
- Elise Stefanik 12/1
- Vivek Ramaswamy 16/1
- Ben Carson 10/1
- Nikki Haley 14/1
- Sarah Huckabee Sanders 20/1
- All Others listed at 25/1 or higher
Odds & Field Subject to Change
2024 US PRESIDENTIAL WINNING PARTY ODDS
- Republicans 11/10 (+110)
- Democrats 11/10 (+110)
- Independent 25/1 (+2,500)
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. 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.