US Election Betting

The 5th of November is getting closer and closer as we are on the final straight for the US Elections. In most years, both parties would have had clear candidates for a while now.

However, the historical events leading to a controversial debate between former President Trump and current President Biden on 27 June 2024 have changed all the betting odds.

In a first in US elections, the Democrat party was worried about the ability of their leader to continue taking charge, while the Republicans’ favorite candidate was fighting legal battles for criminal charges. A few days after being acquitted, he survived a shooting during a speech.

As the two candidates were in the midst of their campaigns, betting sites were offering lower odds on Kamala Harris than on Joe Biden, reflecting the polls. All this led to Biden withdrawing in favor of Harris, which is changing the whole presidential race and its betting odds.

The 2024 presidential election predictions show the current vice president as an underdog for the most unlikely favorite, Donald Trump. Although the polls show that Harris has a 4-point advantage, Trump's failed assassination keeps him the bookie’s most likely president. In addition, betting sites are offering markets for the replacement of Trump’s vice presidential candidate before the election ends and other detailed props.

Are you looking to make some profit from this event? If so, this political betting guide will give you a chance by presenting the main markets, the best US Election betting online bookmakers, and some useful background tips.

Best US Election Betting Sites

Right below, you can view a shortlist of the best political bookmakers for the 2024 US Elections. This selection is based on the political betting odds, the variety of the markets, and the number of events these sportsbooks offer.

How to Bet on the US Presidential Election

Kamala Harris and Donald Trump are the two candidates for the presidential seat. However, this time, the huge favorite for the “throne” became Trump. Bettors who found themselves betting on Biden at 7.50 odds have already lost this bet.

The latest polls show that Trump has stabilized his position, leading to a huge improvement. We like to remind readers that when he became president, he beat Clinton as an underdog in polls and betting sites.

On the Republican party level, and before the assassination attempt, the gap was big enough in his favor. Nikki Haley was his lone challenger for the Republican seat, with 20% of the in-house votes. Now, bookies no longer offer this market.

According to the latest election polls against Biden, the official Republican leader climbed atop the 2024 US election poll tracker at 1.57. After she became the de facto candidate, the price of the Harris bet decreased from 7.50 to 2.40. Trump’s presidential odds still took a big turn because of recent incidents.

Trump dodged many bullets, both literally and figuratively. A few days after he was acquitted of criminal charges, a shooter gave him a memorable photo with his fist in the air and blood running down his face while Biden was accumulating missteps.

The payout on Kamala Harris becoming the next president saw itself decreasing as the party voted her in, but she still had lower odds (more chances) than Biden when he was the presumptive candidate.

If you took that bet earlier, it will keep increasing in value till the results are out, as the price on it decreases. Here are the US Political betting odds as offered at the time of writing:

Nominee	Party	AVG Odds
Donald Trump	Republican	1.57
Kamala Harris	Democrat	2.40
Michelle Obama	Democrat	21
Hillary Clinton	Democrat	41
Gavin Newsom	Democrat	50
Gretchen Esther Whitmer	Democrat	50

 

Primary parties table based on the latest polls:

Party	Presidential Nominee
Republican Party	1.769
Democratic Party	1.909

Main US Presidential Betting Markets

Players can bet on many markets with US bookmakers. You can find or request stakes from who will be the next president to prop bets, the most extravagant type of US Election betting.

⏩ US Presidential Election 2024 Winner: This is the most popular market. For now, Trump is the main favorite. The Republican Party leader odds are at 1.57 right now. The underdog Kamala Harris offers appealing betting odds at 2.40, especially when the polls show her as the winner.

⏩ Democratic / Republican Candidates: Democratic and Republican nominee odds are also popular among players. This also translates into betting on candidates’ names as winners in different states. The most interesting market right now is for James Vance to be replaced as Republican VP at 7.00.

⏩ Winning Party: Another market that players like to wager on is the winning party. Democrats were the favorites in the last elections, but most bookies are giving them a 50-50 chance now.

⏩ Winning Party in every State: Betting on which party will win in a specific state is also a choice; things are pretty clear regarding that market. As the trends for both parties already exist from previous votes and polls, some states are given varying Seats Handicaps to the most likely winner. Swing States are a different bet altogether.

⏩ Prop bets: This betting market is the most enjoyable for the bettors. Prop betting does not have to do with polls, journalists, or expert analysis but just with fun. An extravagant type of betting that can include the most ridiculous bets. Players can bet on a candidate’s tie color, how many sips of water they drink, or even how long a debate will last.

Alternative US Election Betting 2024

Alternative bets, or prop bets, are a trend when bettors discuss politics. The US Politics Bets in 2024 offer a wide range of props. Many bookmakers provided odds on Trump’s chances of getting indicted as well as the date it would have happened if it did.

In this election, bookies were offering a strange bet: Will Biden be Replaced as Candidate? Indeed, he was. Whoever jumped on this bet must have made good returns the earlier they clinched it.

Who will be the next Democrat leader? What will the approval ratings be after the August polls? Bettors love this betting type due to the limitless creativity sportsbooks provide, and you can find them on our list of tested websites.

You can literally choose from all kinds of markets, especially when you post them on betting exchanges. Stakes have been placed on events ranging from the size of Trump’s bodyguards to betting on a First Lady’s infidelity scandals. This last betting option has many fans worldwide.

Additional Electoral Betting

Political betting can be fun, especially if you like following current events. However, the US election odds will only be at hand at specific times. If you wish to bet on elections in different countries, follow one of our guides below:

✔️ French Election Betting Odds

✔️ UK Elections Betting Odds

✔️ German Election Betting Odds

✔️ Next UK Conservative Leader Odds

✔️ Australian Election Betting Odds

Complete List of 2024 US Election Bookmakers