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    Election Betting


BEST ELECTION BETTING SITES IN 2024 – EVERYTHING YOU NEED TO KNOW ABOUT ELECTION
BETTING

The 2024 Presidential Election has captured public attention not just in
political circles but in the betting world too. As candidates make final
campaign pushes, election betting odds reveal intriguing insights into potential
outcomes. This guide will walk you through everything that you need to know
about election betting, the odds, how it works, and the legal status in the U.S.

By
David Evans
David Evans Sports Editor


David Evans is an experienced sports journalist with over 15 years in the field.
He is known for his reliable and insightful commentary, which has been featured
on numerous top sports betting platforms. David specializes in North Carolina
basketball, college football, the NFL, soccer, and golf, offering deep knowledge
and straightforward analysis in his articles. Outside of work, David stays
active with regular gym workouts and enjoys relaxing at home with his cat. With
a solid blend of experience and passion, David is a well-respected name in
sports journalism, consistently providing valuable and informative content to
his readers.

Get to know David Evans better
Sports Editor
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Updated 07 Nov 2024
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on our pages.

The 2024 Presidential Election has captured public attention not just in
political circles but in the betting world too. As candidates make final
campaign pushes, election betting odds reveal intriguing insights into potential
outcomes. This guide will walk you through everything that you need to know
about election betting, the odds, how it works, and the legal status in the U.S.

In This Guide
 * How To Bet On The 2024 Election
 * What Is Election Betting?
   
    * How Does Election Betting Work?

 * Best Election Betting Sites In 2024
 * Is Election Betting Legal In The U.S.?
 * 2024 Presidential Election Betting Odds
 * 2024 Election Odds Predictions Map
 * Which Swing States Could Determine The Election?
 * Trump Odds To Win The Election
   
    * How Much Can I Win If I Bet On Trump To Win in 2024?

 * Harris Odds To Win The Election
   
    * How Much Can I Win If I Bet On Harris To Win in 2024?

 * Election Betting on Kalshi and Robinhood vs Top Sportsbooks
   
    * Kalshi & Robinhood: Buying Contracts
    * Sportsbooks: Election Betting Using Vegas Odds

 * Where Can I Bet On The 2024 Presidential Election?

Show full guide
Show less


HOW TO BET ON THE 2024 ELECTION

 1. Click here to create an account at BetOnline
 2. Make a qualifying deposit of $50 or more
 3. Receive up to $1,000 in free bets for Election 2024
 4. Place your bets on Trump or Harris to win the election


WHAT IS ELECTION BETTING?

Election betting is a form of prediction market where people wager on political
election outcomes. Historically, politics betting has existed since at least the
1800s, when New York’s Wall Street was a major hub for presidential election
betting.

Today, both Democrats and Republicans can wager on various outcomes, such as
which candidate will win, which party will secure the majority, or who will
carry certain swing states.

Whether it’s a friendly $20 bet between coworkers or sophisticated trading on
prediction markets, there has always been an appetite for testing our political
instincts against others who think they know better.


HOW DOES ELECTION BETTING WORK?

Much like sports betting, election odds are set based on factors like candidate
popularity, polling data, and political trends.

Sportsbooks update odds as candidates gain or lose favor, factoring in events
like debates or campaign milestones. Bettors win by correctly predicting the
election outcome.


BEST ELECTION BETTING SITES IN 2024

$1,000 in free election bets for Trump vs. Harris
T&Cs apply. 18+. One per customer. Offer is valid on initial deposit only.

T&Cs apply. 18+. One per customer. Offer is valid on initial deposit only.

JOIN NOW
$1,000 in free election bets for Trump vs. Harris
T&Cs apply. 18+. One per customer. Offer is valid on initial deposit only.

T&Cs apply. 18+. One per customer. Offer is valid on initial deposit only.

JOIN NOW
$750 crypto bonus for the 2024 Presidential Election
T&Cs apply. 18+. One per customer. Offer is valid on initial deposit only.

T&Cs apply. 18+. One per customer. Offer is valid on initial deposit only.

JOIN NOW
$750 crypto bonus for the 2024 Presidential Election
T&Cs apply. 18+. One per customer. Offer is valid on initial deposit only.

T&Cs apply. 18+. One per customer. Offer is valid on initial deposit only.

JOIN NOW
125% deposit bonus worth up to $1,250
T&Cs apply. 18+. One per customer. Offer is valid on initial deposit only.

T&Cs apply. 18+. One per customer. Offer is valid on initial deposit only.

JOIN NOW
125% deposit bonus worth up to $1,250
T&Cs apply. 18+. One per customer. Offer is valid on initial deposit only.

T&Cs apply. 18+. One per customer. Offer is valid on initial deposit only.

JOIN NOW
100% deposit match worth up to $500 in free bets
T&Cs apply. 18+. One per customer. Offer is valid on initial deposit only.

T&Cs apply. 18+. One per customer. Offer is valid on initial deposit only.

JOIN NOW
100% deposit match worth up to $500 in free bets
T&Cs apply. 18+. One per customer. Offer is valid on initial deposit only.

T&Cs apply. 18+. One per customer. Offer is valid on initial deposit only.

JOIN NOW
50% deposit bonus, worth up to $200
T&Cs apply. 18+. One per customer. Offer is valid on initial deposit only.

T&Cs apply. 18+. One per customer. Offer is valid on initial deposit only.

JOIN NOW
50% deposit bonus, worth up to $200
T&Cs apply. 18+. One per customer. Offer is valid on initial deposit only.

T&Cs apply. 18+. One per customer. Offer is valid on initial deposit only.

JOIN NOW

Full Disclosure: Our betting experts have thoroughly researched and handpicked
each product based on their direct experience. We may receive compensation if
you sign up using our links.


IS ELECTION BETTING LEGAL IN THE U.S.?

In the past, betting on elections has been generally prohibited due to integrity
issues but that has changed in 2024.

For the first time in over a century, betting on the presidential election is
legal in the U.S. with platforms like Kalshi and Robinhood lining up to take
bets on Trump vs. Harris.

Both Democrats and Republicans are backing their favorite candidates with skin
in the game by placing bets on the winner. Americans have already bet over $150
million on Trump vs. Harris with that number likely to continue to reach new
heights until the final votes are counted.

For Americans looking for Vegas odds on the presidential election, top online
betting sites like BetOnline also offer a wide variety of politics betting
markets, including the winning candidate, winner of the popular vote, and more
unique props like governor and mayoral races.


2024 PRESIDENTIAL ELECTION BETTING ODDS

The most popular bet on the 2024 Presidential Election will be which candidate
will win the election.

As of early November, Donald Trump is the betting favorite with odds at -163,
implying a 61.9% chance of winning, while Kamala Harris trails at +140 with a
41.6% implied probability.

The odds fluctuate as both candidates campaign in battleground states, and new
poll data is released.

Check out the latest election odds below.

Sportsbook Donald Trump Odds Kamala Harris Odds -175 (63.64%) +150 (40.00%) -175
(63.64%) +150 (40.00%) -172 (63.24%) +140 (41.67%)


2024 ELECTION ODDS PREDICTIONS MAP

The electoral college map plays a pivotal role in predicting the outcome. Key
states like Pennsylvania, North Carolina, and Arizona will be decisive, with
Trump leading in some states and Harris holding a slight edge in others. Below
is how the current election map looks according to the betting odds:






WHICH SWING STATES COULD DETERMINE THE ELECTION?

There are six key states that could swing this election: Arizona, Georgia,
Michigan, North Carolina, Pennsylvania, and Wisconsin. Trump leads in Arizona,
Georgia, and North Carolina, while Harris has an edge in Michigan, creating a
tight race in these key states. Check out the odds for each state below:

State Kamala Harris Donald Trump Pennsylvania +110 (47.62%) -138 (57.98%)
Michigan -175 (63.64%) +137 (42.19%) North Carolina +200 (33.33%) -250 (71.43%)
Wisconsin -110 (52.38%) -110 (52.38%) Georgia +220 (31.25%) -275 (73.33%)
Arizona +240 (29.41%) -300 (75.00%)


TRUMP ODDS TO WIN THE ELECTION

Currently at -175, Trump’s odds reflect his campaign’s stronghold in key states,
giving him a 63.64% chance to win the election according to the odds. As
Election Day nears, his odds are expected to change based on final campaign
events and voter turnout predictions.

> pic.twitter.com/D3xwF6cWBr
> 
> — Elon Musk (@elonmusk) October 31, 2024




HOW MUCH CAN I WIN IF I BET ON TRUMP TO WIN IN 2024?

With odds of -172 at BetWhale, you can bet $172 to win $100, or $17.20 to win
$10 and so forth. With this being such a big event worldwide, sportsbooks will
have large limits on the event. They will likely take some of the largest bets
of the year on the presidential election, and news of seven-figure bets during
this time is not uncommon.

It is worth exploring different sportsbooks to find the best odds. As the table
below shows, sportsbooks slightly differ on their odds for each candidate,
allowing for bettors to win bigger if they choose the sportsbook with the best
odds on their preferred candidate.


HARRIS ODDS TO WIN THE ELECTION

Harris’s odds stand at +150 with BetOnline, showing her as the underdog. Recent
rallies and endorsements have impacted her campaign positively, though her odds
remain below Trump’s.

> “I’m not here as a celebrity. I’m not here as a politician. I’m here as a
> mother.” – Beyoncé speaks at Kamala Harris’ rally in Houston
> pic.twitter.com/taWpVhF6DC
> 
> — philip lewis (@Phil_Lewis_) October 26, 2024




HOW MUCH CAN I WIN IF I BET ON HARRIS TO WIN IN 2024?

With odds of +150, a $100 bet on Harris could result in a $150 profit, and a
$1,000 bet returns $1,500 if she wins and so forth. With Harris being the
underdog there is a greater reward for your initial investment.


ELECTION BETTING ON KALSHI AND ROBINHOOD VS TOP SPORTSBOOKS

Sportsbooks Financial Exchanges ✅ Vegas Odds for Elections ❌ Buy Contracts for
Election Winner ✅ Instant Deposits ❌ Deposits Can Take Up To 4 Days ✅ Bigger
Bonuses & More Free Bets ❌ Payouts Are Not Always Clear Before Betting ✅ Fast
Payouts


KALSHI & ROBINHOOD: BUYING CONTRACTS

At Kalshi and Robinhood, betting on the election can be a bit confusing,
especially for Americans who are used to betting on sports.

Instead of finding odds for a particular candidate to win the election, Kalshi
and Robinhood use event contracts to place bets. This makes the process closer
to trading options on a financial exchange rather than placing a traditional
sports bet.

Members buy contracts priced based on real-time sentiment, and similar to
betting odds, contract prices represent the probability of Trump or Harris
winning the election at that particular time. Contracts are paid out as $1.00
for the election winner while contracts for the losing candidate will be valued
at $0.00.


SPORTSBOOKS: ELECTION BETTING USING VEGAS ODDS

Most sportsbooks that offer Vegas betting odds for the election. That means
Americans will find standard sports betting odds for each candidate with the
favorite marked by the minus symbol (-) and the underdog by the plus symbol (+).

For the betting favorite, the odds indicate how much a bettor would have to
wager to earn $100. Currently, Trump owns -158 odds to win the election at
BetOnline. That means bettors would have to wager $158 to win $100 in the event
of a Trump victory.

When betting on the underdog, the odds indicate how much a bettor would win when
wagering $100. In this case, Kamala Harris owns +133 odds to win the 2024
election, meaning a $100 bet would return $133 in profits.


WHERE CAN I BET ON THE 2024 PRESIDENTIAL ELECTION?

Top betting sites like BetOnline will have hundreds of markets available for the
2024 Presidential Election.

While some other traditional sportsbooks based in the US, like FanDuel and
DraftKings, may not be taking bets on the event, there are plenty of
alternatives for those looking to bet on their preferred candidate or even for
an emotional hedge!

David Evans
Sports Editor

Follow on

David Evans is an experienced sports journalist with over 15 years in the field.
He is known for his reliable and insightful commentary, which has been featured
on numerous top sports betting platforms. David specializes in North Carolina
basketball, college football, the NFL, soccer, and golf, offering deep knowledge
and straightforward analysis in his articles. Outside of work, David stays
active with regular gym workouts and enjoys relaxing at home with his cat. With
a solid blend of experience and passion, David is a well-respected name in
sports journalism, consistently providing valuable and informative content to
his readers.

Get to know David Evans better
David Evans Sports Editor


David Evans is an experienced sports journalist with over 15 years in the field.
He is known for his reliable and insightful commentary, which has been featured
on numerous top sports betting platforms. David specializes in North Carolina
basketball, college football, the NFL, soccer, and golf, offering deep knowledge
and straightforward analysis in his articles. Outside of work, David stays
active with regular gym workouts and enjoys relaxing at home with his cat. With
a solid blend of experience and passion, David is a well-respected name in
sports journalism, consistently providing valuable and informative content to
his readers.

All posts by David Evans


David Evans

David Evans is an experienced sports journalist with over 15 years in the field.
He is known for his reliable and insightful commentary, which has been [...]

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