The latest 2024 presidential election odds show Vice President Kamala Harris as the front-runner over President Joe Biden and former President Donald Trump at most European sportsbooks. For instance, Harris is +350 to win in 2024 at Bet365, with Biden at +400 and Trump at +600.

The most straightforward political prop bet for the US election is simply 'Who will win the 2020 US presidential election?' Odds are then presented; currently, Trump is at +175 and Biden is at -200. This makes Trump the underdog, and for you, that means if you bet $100 on Trump winning, and he does, you win $175 (on top of your initial stake. US Election Odds: Six trading tips for the biggest ever night of live political betting; US Election Latest Odds: Donald Trump closing the gap on Joe Biden; 2020 Election Latest Odds: Forget 2016.

The thinking is that Biden may opt to let Harris take the reigns in the next Presidential election cycle, due to the fact that Biden will be 81-years-old three years from now.

The first deciding events are the Iowa caucuses and the New Hampshire primary, which usually take place in February. Although the winners of these party-specific races aren’t necessarily shoe-ins for their party’s nominations, the results of these events can impact the odds greatly.

By the time Iowans and New Hampshirites gather to make their decisions, bettors in the United Kingdom and around Europe should have a good idea of who is in the running for the nominations of both parties. Despite all the historic precedent of renominating an incumbent, that isn’t a foregone conclusion for the Democrats in 2024.

Here’s a look at the current US Presidential Election odds at two UK books:

Presidential election odds 2024

• A Biden win is likely. And what we know about the people who live in those places. The 538 members of the Electoral College are meeting to cast ballots for president based on the election.
• The 60th Quadrennial U.S. Presidential Election runs on November 5th 2024 BUSR has the latest odds for all potential candidates (including a few names that may surprise you). All data will be updated throughout the many midterms, scandals, and surprise announcements that are sure to come between now and election night.

Given the recent historic turnout in Black communities in major cities around the country, Harris makes sense as the front-runner right now. It’s reasonable to assume the leaders in those communities could fire that machine back up in 2024 to get behind her.

The Democrats may want to maximize that momentum by nominating Harris instead of pushing for a second term for Biden. If they do so, that would be a first. So far in US history, no major party has ever opted not to renominate an incumbent when he’s been eligible for reelection.

That’s partially because ousting an incumbent president has proven very difficult in US history. Prior to 2020, it hadn’t happened in nearly 30 years. Here’s the full list of one-term presidents and their tenures in office:

• Donald Trump, 2017-2021
• George H.W. Bush, 1989-1993
• Jimmy Carter, 1977-1981
• Gerald Ford, 1974-77
• Herbert Hoover, 1929-33
• William Howard Taft, 1909-13
• Benjamin Harrison, 1889-93
• Martin Van Buren, 1837-41
• John Quincy Adams, 1825-29
• John Adams, 1797-1801

If the Democrats do nominate Harris in 2024, it will be historic for other reasons, however. No major party has ever nominated an African-American woman for president, for example.

Harris’ nomination could come in the same year as a historic nomination by the other party. The possible scenario has only played out one other time in US history.

Can Donald Trump run again in 2024?

The short answer is yes.

Only Grover Cleveland has served two non-consecutive terms as president in US history, serving his first from 1885-1889 and his second from 1893-1897. Despite the fact that Trump just got the second-most votes for a presidential candidate in US history, there is one big reason why he may have an uphill climb to secure a third nomination from the Republican Party.

In June of 2024, Trump will turn 78 years old. That would make him the oldest major-party presidential candidate in US history, setting him up to be pushing 83 when his potential second term would end.

By a similar measure, Trump also had more people vote for his opponent than any other incumbent in US history. That’s another reason why the GOP may look elsewhere in 2024.

UK books currently favor Mike Pence, Nikki Haley, and Ivanka Trump to be the GOP nominee in 2024. Either Haley or Ivanka Trump would be the first female presidential nominee in the history of the Republican Party. Ivanka Trump would also be the first daughter of a president to receive such a nomination.

Election betting explained

Often times, books will refer to markets on these contests as “futures.” That’s because they will settle the bets months or years into the future.

The lines on this event are called moneylines or straight bets. That means you’re simply picking a winner of the contest, with the margin of victory and other elements irrelevant for these purposes.

Using the 2020 presidential election as an example, UK books liked Trump as a strong contender. They started him out at +100 or “even money” then moved him to -150 throughout the cycle. His odds rounded out at +150.

That means if you put $100 down at first opportunity, you would have doubled your money exactly had he won. When his odds moved to -150, you would have had to wager $150 to make $100 in profit. At +150, you’d get a $150 payout on a wager of $100.

What to monitor: polling data

Polling data is fluid and changes over the course of an election period. In the early stages like now (May 2019), candidates with the most name recognition tend to poll the strongest. That’s why on the Democratic side former VP Joe Biden and 2016 candidate Bernie Sanders were early polling front-runners.

As lower tier candidates who have difficulty fund-raising drop out of the race, and TV debates start crystallizing (or galvanizing) voter opinion, the numbers begin to consolidate around one-to-two front-runners heading into the primaries.

For simplicity purposes, monitor two well-respected polling aggregators:

• Real Clear Politics: Consolidates and links to the most respected polls.
• FiveThirtyEight Polls: Does the same but presents the information in a different way.

Top 2024 US Presidential Contenders

Democrats

Odds To Win Us Election Live

In US history, no major party has ever failed to renominate an incumbent for reelection when he’s been eligible for another term. UK books feel that the Democrats will break that tradition in 2024, however, nominating Vice President-Elect Kamala Harris instead. Other frontrunners at these books include NY Congresswoman Alexandria Ocasio-Cortez and former South Bend, Indiana Mayor Pete Buttigieg.

Republicans

While Donald Trump is the frontrunner at UK books right now, current Vice President Mike Pence is the next top contender. After that, the field contains former South Carolina governor Nikki Haley and Trump’s daughter Ivanka.

2024 Presidential betting tips

In terms of presidential elections, the candidates who most represent the opposite end of the spectrum ideologically often fare the best. For example, Barack Obama and Donald Trump were about as different as could be.

That’s usually following a two-term president, however. As 2024 will come at the tail end of Joe Biden’s first term and he may run for reelection as the incumbent, that typical wisdom may prove unreliable.

Watch candidates’ fundraising and polling as the cycle nears. That will be an indicator into which candidates to back at the books.

Can you bet in the US?

So far, no states have allowed sportsbooks within their borders to take action on the results of any US elections. If that changes to any degree, TheLines will keep you updated on the progress of that movement.

Article and odds updated on November 6th, 2020 at 10:32am EST

There is a huge event sneaking into view in the United States of America, as the 2020 Election grows ever closer. Americans will go to the polls on the 3rd November, with the winning candidate being inaugurated on the 20th January 2021. It will be a huge decision in the USA as they must decide the man that they want to be the President for the next four years.

Online Markets for US Presidential Online Betting Odds

Vegas Odds 2020 election race is nearing its last month but has but far from a clear winner yet.

It doesn’t seem that long ago since Donald Trump shocked the world by defying the odds to beat Hilary Clinton to move into the White House. But, an awful lot has changed since then, and this could turn out to be one of the tightest and more aggressive Elections in American history.

Odds To Win Election Live Polls

Read on for the Las Vegas presidential odds below:

Current Vegas Presidential Odds

Those gamblers looking to find Vegas Odds for the upcoming or previous elections will be left disappointed.

It is illegal for sports with licenses in the US to offer odds.

That is why none of the leading sportsbooks in Las Vegas have been able to offer odds on US Elections.

An Alternative to Las ‘Vegas Odds’

That is why the majority of online bookmakers, otherwise known as ‘offshore sportsbooks‘ are the way forward for those looking to bet on the 2020 Election.

In any normal scenario outside of the US election, it would have been expected that the Vegas odds Trump commands will be neck in neck with Biden, and this case shows with the online markets below. Again though, there will be no lines available for those looking for Vegas odds President race numbers. The Vegas election odds (online markets) will be updated here live as they become available.

Live Odds To Win Election

Why Vegas Odds on the US Election Are Illegal

There are a number of reasons why betting on Presidential elections is illegal in the States. One of the main reasons links back to the Black Sox Scandal in 1919. The law is there to ensure the integrity of democracy. Meanwhile, there was also a fear that betting on elections could also have a negative impact on the number of voters that turned out.

The odds are constantly changing as Election night draws closer, and there has been a massive change in favour of Joe Biden. Biden is now the clear -190 favourite in the political betting market with BetOnline.ag, while Bovada also offers the same price for the Democratic candidate from Delaware. Donald Trump, like in the 2016 election, is the outsider to be re-elected, as he is priced at +162 with BetOnline.ag.

There are also other selections in the BetOnline.ag market, as they offer Kamala Harris at +5000. However, that selection would be considered hugely unlikely as Harris is the running mate for Biden in the upcoming election. Meanwhile, Trump’s running mate, Mike Pence, is valued at +10000 with Bovada to be elected as the President.

However, the odds online are slightly different depending on the bookmaker, with Betway still having Biden as the favourite but at a slightly different price. Betway offers -167 for Biden to win the election, but the odds suggest it could be closer as Trump is priced at +115. Bet US initially expected it to be much closer than Bovada and BetOnline.ag, as they have both had Trump and Biden valued at -115 at open, with it now being -200 and -182 for Biden and Trump at +150 and +162 respectively.

Changes In US Presidential Odds Since January

The odds have constantly been changing throughout 2020, with Biden being as high as +2000 at the end of February. However, the Democratic Party Presidential primaries changed the odds. Biden’s price with Bovada plummeted to +160 after he emerged at the candidate for the party. Biden was the last candidate standing after a number of other candidates pulled out. Biden went down to -115 after Bernie Sanders pulled out of the election, which was the lowest price that Biden had been at.

The lowest price that gamblers could get for Trump came at the end of February as he was priced at -180 with Bovada. However, Trump’s odds have been changing week by week, and he went to evens at the beginning of June. At that point, Biden overtook Trump as the favourite in the Election betting. Trump went to as high as +140 at the beginning of July, but his price is getting shorter again as we get closer to the 4th November Election.

With the constant overtaking and media parade, who knows what Vegas odds on Presidential election movements we’ll see throughout the final days leading up to Election night?

Where Will The Election Be Won?

Odds To Win Election Live Stream

The US Election doesn’t always mean getting the most amount of votes; instead it comes down to the States that you manage to win. The winning candidate will need to get at least 279 electoral college votes to win, with 538 in total up for grabs. Most States vote the same way for every election, but there are some that can go either way; these are called battleground States. There are 14 different battleground States, which turned out to be the decisive factor for Trump back in 2016.

However, recent figures have shown that Biden holds the advantage in the majority this time around. Polls show that Biden has the advantage in Arizona, Florida, Michigan, Minnesota, Nevada, New Hampshire, North Caroline, Ohio, Pennsylvania, Virginia and Wisconsin. Meanwhile, Trump has a better rating on the polls in just three of the States; Georgia, Iowa and Texas. The recent figures also show that there is only a slim difference between the candidates in three of the States that currently favour Biden: Florida, North Carolina and Ohio.

Were The Odds Right In 2016?

Odds To Win Election Live Results

The 2020 election will be unlike anything that we have seen before, and the main reason for that is because it is unpredictable. The polls have been wrong on numerous occasions over the past couple of years, which has meant that the odds have counted for very little. The year that Trump won the election, there were two examples that the polls aren’t always accurate, one of which being the Trump election and the other being the United Kingdom voting to leave the European Union.

Back in 2016, Trump was given just a 50% chance of winning the election on the 3rd November, which was just five days before American went to the polls. The unpredictability of the 2016 election meant that huge wagers were placed on both Trump and Clinton, with one gambler from London putting over $200,000 on the eventual winner. One bookmaker revealed that the number of bets put on the election in 2016 exceeded the wagers that were put on other significant events such as the EU referendum, the European Championships and the Epsom Derby.

Live Odds To Win The Election

Whatever happens to in the final debates, one thing is for sure: we remain at the razor edge of our seat to know what Las Vegas odds presidential election candidates Biden and Trump will surprise us with.

Let’s see what Vegas odds president 2020 sportsbooks favor as their lines continue moving toward a dramatic finale.