2024 Presidential Election Odds

Explained simply, for every $100 a person bets on a +300 bet, they'll win $300. So, if a person bets $100 on Biden right now, and he wins, they'd pocket $600, as he's the longer shot. Presidential betting odds This pressure on Mr Trump has driven his odds down, while Mr Biden is priced higher. 

Presidential betting odds

Contact reporter Todd Dewey at [email protected]. Follow @tdewey33 on Twitter. Trump Presidential Odds FAQs July 4, 2022: The odds have flipped from last year, with the GOP now a -145 favorite and the Democrats at +118 to win the 2024 presidential election.
Jon Rahm Masters Odds & Picks: How to Bet the Defending Champion

2024 US presidential betting sites are already hosting betting odds for the 2024 US Presidential Election. Getting on these betting lines early is a great way to cash in on longshot odds as, within the presidential term, news, rumors, and political progress will surely affect the political election odds. Presidential Election Odds: Updated chances to win 2024 election In 2016, the exception was repeated when Hillary Clinton, trading at 7 to 2 on (equivalent to a win probability of about 78%) as polls opened, lost in the electoral college to Donald Trump. In so doing, Trump defied not just the polls and the experts but the “wisdom of the crowd” as displayed in the betting markets.

2024 election betting odds

Betting odds appeared to provide a more realistic reflection of the dynamics in states like Florida, which Trump won handily despite many polls giving Biden an edge going into the election. While polls had Biden ahead by roughly 1% on average in Florida, according to RealClearPolitics, oddsmakers gave Trump 8-to-13 odds—or a 62% implied probability—of carrying the state, per US-Bookies. 2024 Presidential Election Betting Odds: Biden and Trump in a dead heat in election rematch Yes. Some betting sites provide odds on the U.S. presidential election, but betting on elections is not legal in the United States and state-regulated books do not offer these odds.