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2024 US Election Betting Odds

As it sits, Kamala Harris is the current favourite to win the US Presidential Election at various sportsbooks. This begs the question: will the Democratic nominee, Vice President Kamala Harris, make America “woke” again, or will the fire-breathing red hats elevate former President Donald Trump to the White House to put some ‘spect back on ‘Murica’s good name? 

Want to know something cool? You can bet on it! Yes, Canada, you can have a horse in the race on November 5, 2024⁩, even though you can’t vote. With online sports betting now legal in Canada, as long as you use a regulated sportsbook like bet365, Sports Interaction, or any other of our most trusted sites, you can shout at the TV all day while you’re waiting for the votes to be counted.

Presidential Betting Odds 2024

2024 Presidential Candidatebet365 Election OddsSIA Election Odds
Kamala Harris-125-120
Donald Trump+100-110
Robert Kennedy Jr.+5000+6600
Nikki Haley+6600+6600
Michelle Obama+7000+10000

Most of these US presidential odds markets opened in late 2021 or early 2022 and picked up steam during the summer months of 2024. For most political nerds, the question they’ve been asking themselves is, “Will Trump win again in 2024?”

Harris has positioned herself as a populist figure, while Donald Trump has become a demi-god in the Republican Party. Nevertheless, the American voters (and perhaps some Chinese/Russian hackers) will have the final say!

While you wait for Election Day, this page will help you understand how US election odds work, what you can bet on, and how the markets have changed with all the drama that has unfolded on the campaign trail thus far.

How To Bet On The US Election in Canada

To bet on the US Election while in Canada, follow these simple steps:

  1. Choose a Reputable Sportsbook: Start by selecting a trusted Canadian betting site that offers US election odds, such as Bet365, Sports Interaction, or BetVictor. These platforms provide a variety of betting markets, including who will win the presidency and other election outcomes.
  2. Create an Account: Register on your chosen sportsbook by providing your personal information and completing any necessary verification steps. This often involves submitting identification documents to confirm your identity.
  3. Deposit Funds: Once your account is set up, deposit money using your preferred payment method. Most sportsbooks offer various options, such as credit cards, e-wallets, or bank transfers, to fund your account.
  4. Explore Betting Markets: Navigate to the political betting section of the site to view the available 2024 presidential election odds. Consider the different types of bets you can place, such as predicting the overall winner, electoral college outcomes, or specific state results.
  5. Place Your Bet: After selecting your desired bet, enter the amount you wish to wager and confirm your bet. Keep track of your bet and the election developments as you await the results.

How to Read US Election Odds

Betting odds are pretty easy to get down.

Let’s say Vice President Kamala Harris’ odds are -120 to win the 2024 election. The “-” indicates that you would have to pay $120 to make $100 in profit. Let’s say former President Donald Trump’s is priced at +105. The “+” means you would get $105 back on a $100 wager.

If you’d like to convert the betting odds into percentages, you can use our Betting Odds Calculator. It saves you time by not having to do the math.

Where to Bet on US Election Odds

The best site to bet on the 2024 US Presidential Election from Canada is Sports Interaction. Sports Interaction offers the best odds on Kamala Harris to win at -120, in addition to a number of unique prop bets. For bettors looking to wager on Trump odds, we recommend checking out Pinnacle, which currently offers the best Trump odds at +105.

SportsbookOffers US Election Odds?Sign Up Link
Sports InteractionYes – Best Harris Odds and Most Prop BetsJoin Sports Interaction
bet365Yes – 3 Market OptionsJoin bet365
BET99Yes – Under “Specials”Join BET99
BetwayYes – Presidential Winner OnlyJoin Betway
PinnacleYes – Best Trump Odds (+105) / No Other MarketsJoin Pinnacle
PowerPlayYes – Presidential Winner OnlyJoin PowerPlay

2024 Election Odds: Kamala Harris as Favourite

At the start of the race, President Biden may have been the ace of the Democratic Party, but his terrible debate performance and his missteps afterwards pissed off the boss people of the DNC. That caused big-time Democratic donors to call for President Biden to exit the race and pass on the torch to his VP Kamala Harris. 

Then entered Vice President Kamala Harris. Within days, her campaign raised a crap ton of money and quickly won over a big portion of undecided voters in swing states. Before President Biden made his announcement, Harris was hovering around +600 odds to become the winner of the 2024 election. Now, she’s been priced as short as -125 on some books.

Many national polls have shown Vice President Harris having a small edge over former President Trump. How much the books factor the results of those polls into their odds has yet to be seen. Word on the street is that some books will hold firm with their prices.

Kamala Harris Odds to Win

sports interaction logo

-120

Donald Trump Odds

Believe it or not, there was a time when most people thought former President Donald Trump wasn’t going to take another presidential run. Law enforcement was out to get him on a litany of charges, including the whole “insurrection” thing. That said, folks could still bet on the then-not-convicted felon to take control of the wheel again in 2024.

Before former President Trump announced he would take another shot at the White House in late 2022, bettors could’ve gotten him at odds exceeding +400, and some went all-in on the opportunity. The thinking was that everybody knows Trump’s name, and he’s the obvious candidate if he wants back into the game.

Since then, those early bettors have been rewarded for their willingness to “eat the worm.” Former President Trump’s 2024 odds to win the US presidential election have been hovering around -120 to -175. Even during his legal troubles, he was still the top candidate in the presidential election odds. With the recent polls and the hype around Vice President Harris, the VP has stolen the favouritism from Trump for the moment. Former President Trump can now be had at odds of +105.

Before incumbent President Joe Biden dropped out of the race, Trump election odds were as short as -250 on some books.

Donald Trump Odds to Win

+100

Election Betting Odds for Other Candidates

Former First Lady Michelle Obama has been one of the wild cards whom many people have looked at as a viable replacement for President Joe Biden as the Democratic nominee. The Former First Lady’s odds have been hovering around +6600.

Robert F. Kennedy Jr. is right up there with her with the same odds of +6600. The controversial political figure has been running as an independent and shooting himself in the foot while doing so. Experts have said the same voters he’s looking to capture are the ones he’s pissing off with his rhetoric.

Thanks to some “stellar independent reporting,” as one bookmaker called it, from Al*x J*n*s, the “Deep State’s Ace”, former Secretary of State Hillary Clinton took some action when the conspiracy theorist, who was riding off the high of correctly predicting Trump’s assassination and President Biden’s exit from the race, stated that the New World Order was going to install Clinton as the Democratic nominee at the upcoming DNC. Of course, J*n*s’ hot streak would end, and since then, Clinton’s odds have fizzled out to +8000.

2024 US Election Winning Party Odds

Understanding the shifting dynamics of U.S. Presidential Elections is fascinating, especially if you’re placing bets on the outcome. Swing states like Wisconsin, Michigan, Pennsylvania, Nevada, Arizona, and Georgia often determine the winner, making them crucial in betting strategies. North Carolina also draws attention due to its tight races.

As demographics evolve, some states have become more predictable. For instance, Iowa, Ohio, and Florida are tilting toward Republicans, while Colorado, New Mexico, and Virginia are increasingly Democratic. These trends can significantly influence betting odds by indicating which states might be key battlegrounds.

In terms of betting, the Democrats are currently slight favourites to win the presidency at odds of -125, which aligns with Kamala’s current position as the favourite. The Republicans aren’t far behind at +100, making them slight underdogs. There’s also an outside chance for a third-party candidate standing at +5000 odds.

Party to Win Next U.S. Election:
Democrats

-125

Party to Win Next U.S. Election:
Republicans

+100

Factors Influencing US Election Betting Odds

If you’ve ever bet on sports live, you know that once the game starts, every play will influence the lines. If the underdog scores early in the match or the +10 dog takes a two-touchdown lead into halftime, the in-game lines will reflect that. The same goes for political betting odds. The only thing is the campaign trail lasts a lot longer than 60 minutes.

Let’s talk about some of the “biggest plays” in the 2024 Presidential race so far and how they have influenced the election odds.

Kamala Harris Odds Surge

President Joe Biden was asleep at the wheel for most of the start of his campaign. The oddsmakers gave him very little respect as they figured the convicted felon and former President would Trump Biden on Election Day. Some of the biggest Democratic donors said they wanted Biden gone. Others talked of how Vice President Harris could give the Donald a run for his money.

Vice President Harris’ odds quickly went from +600 to +200 and got even shorter at +175 as the news of her popularity began to grow amongst the millions of underrepresented American voters. For them, getting VP Harris into The White House would shatter glass ceilings long thought unbreakable.

Vice President Harris’ odds have shortened to -120 as of this writing on most books, including SIA.

Vice President Kamala Harris gives a speech at a campaign rally in Michigan.

Assassination Attempt on Donald Trump

It’s not every day you see an assassination attempt on a former politician in the United States. That said, it happened, and former President Trump quickly became a demi-god but only saw a short increase in his favouritism at the time. He went from -250 to -275. That’s after the markets reopened. Some sportsbooks closed them for obvious reasons. The guy literally got shot, and at the time, no one really knew his condition.

President Trump raises his fist after being shot in the ear while surrounded by Secret Service agents.

Vice Presidential Nomination of JD Vance

When the Republican nominee, Donald Trump, announced his running mate, JD Vance, at the RNC, the oddsmakers didn’t really mess around with their lines on former President Trump. He stayed around -275ish, with some books listing him at -250.

Vice Presidential Candidate JD Vance Holds Campaign Rally In Western Virginia.

Vice Presidential Nomination of Tim Walz

Vice President Kamala Harris shocked the world when she picked Minnesota Governor Tim Walz as her running mate. Many expected someone different, like Pennsylvania Governor Josh Shapiro or Kentucky Governor Andy Beshear.

Nevertheless, Harris’ odds have only seemed to get shorter after the announcement with them going from +110/+115 at some books to as low as +100.

Vice presidential candidate Tim Walz speaks at campaign rally in Philadelphia.

Third-Party Candidates

Let’s be honest; none of the third-party candidates have a shot in hell at winning, but since people like RFK Jr., Jill Stein, and the whole lot are getting their names out there and “staying in the race,” the books still need to respect them. Hence, the odds on both Trump and Harris aren’t shorter, at least as of the time of this writing.

Types of US Political Betting Markets

Okay, you’ve heard the backgrounds of some of these candidates and gotten a picture of the 2024 Presidential Election odds, but now let’s talk about what you can bet on specifically.

Outright Winner

The “outright winner” bet is the most popular political wager. All you’re betting on is who will win the 2024 Election and become the 47th President of The United States. That means in order to win, the candidate you back has to become the next President of the United States. If they fall short, your bet loses. Better luck in 2028. If you’re watching them get inaugurated in 2025, it’s safe to say you can have another sip of your Jose Cuervo. Cheers!

Electoral College Winner

In this instant, you’re betting on who will secure the Electoral College. According to the United States government’s website, a candidate needs the vote of at least 270 electors—more than half of all electors—to win the presidential election.

This is a market most bettors get into if they don’t already have an outright winner bet or want to hedge on what they already have.

To win this bet, you’ll need your candidate to get enough votes to secure the College and become the next President of The United States.

State Senate Elections

This is kind of like the Electoral College vote, but you’re voting on a Senatorial candidate to win their state. The market will usually be a head-to-head one, with the Democratic nominee facing the Republican nominee.

Much like a normal moneyline bet, if your candidate wins the Senatorial vote, you’ll win your bet. If they don’t, you’ll lose.

Prop Bets

These bets can be fun, and every book has its own. You’ll usually see them posted closer to Election Day. It can be something like “How many states will the Republicans win?” Another bet can be “How many votes will the Electoral College winner receive?” They’ll usually be offered as Over and Under bets. Some props wagers will be “Yes” or “No” outcomes. For example, “Will Donald Trump win the State of Michigan?” If you’re on the right side of the answer, once all the votes are counted and the results are official, you’ll win. If not, you’ll lose.

Frequently Asked Questions about US Election Betting Odds

What are the odds for the 2024 Presidential Election?

The current odds to win the US election are -120 for Kamala Harris (from Sports Interaction), and +105 for trump (from Pinnacle).

Who is likely to win President in 2024?

At the time of writing, Kamala Harris is the betting favourite to win the 2024 US Election, with odds of -120. The election on November 5, 2024, will be crucial as both candidates compete for the 270 electoral votes needed to win.

How to calculate betting odds?

There are different types of betting odds formats. American odds indicate profit on a $100 bet; for example, +200 means a $100 bet wins $200, while -150 means you need to bet $150 to win $100. To learn more, check out our beginner betting guide here.

What Are Donald Trump’s 2024 US Election Odds?

Former President Donald Trump’s odds are currently set at -120. Stay up-to-date with the latest 2024 election betting odds with our guide!

Is it legal to bet on the US Presidential Election in Canada?

Yes, it is legal to bet on the US Presidential Election in Canada. Even some government-run lottery corporations, such as Loto-Québec, BCLC, and the Atlantic Lottery Corporation, offer opportunities to wager on the outcomes of these elections.

What types of bets can be placed on the US Presidential Election in Canada?

In Canada, you can place a variety of bets on the US presidential election. These include predicting the winners of the Democratic and Republican nominations, determining which party will win the election, and betting on who will become the next US President.

What are the typical odds and payouts for betting on the US Presidential Election in Canada?

The odds and potential payouts for betting on the US Presidential Election can vary. For example, in 2016, a past bet might have offered odds of 1.75 for a candidate like Clinton, meaning you would win $1 for every $1.75 bet if she won. In contrast, a candidate like Trump might have had odds of 3.75, offering a higher payout of $3.75 for every $1 bet if he won.

How do the odds and betting markets on the US Election change over time in Canada?

The odds and betting markets for the US Election in Canada change over time, influenced by new information and events as the election day approaches. This fluid nature of the odds reflects the dynamic political landscape.

How popular is political betting in Canada compared to sports betting?

While there is no direct comparison available between the popularity of political betting and sports betting in Canada, the introduction of US Election betting by government-run lotteries indicates a growing interest in this area.