Current Vice President Kamala Harris and former President Donald Trump are the Presidential Election favorites for 2024. Harris improved her odds to win the Presidency during the September 10 debate. Harris was -112 to win and had a 53% chance to win prior to the debate but is now -133 and has a 57% chance to win at most sportsbooks. Trump had -104 election odds before and is now +117 with a 46% chance at most books.
View updated United States Presidential Election odds for all 2024 candidates and potential candidates below.
Election Odds (September 19)
Here is a look at the US Election odds for 2024. Donald Trump presidential election odds are currently at +117. Kamala Harris election odds are -133. RFK Jr. odds to become President are +9900 with a 1% chance of winning. Michelle Obama (+9900) and Hillary Clinton (+9900) are also on select betting boards. View presidential election betting odds and percentage chances to win for those candidates below.
Candidate | Presidential Election Odds | Implied % |
---|---|---|
Kamala Harris | -133 | 57% |
Donald Trump | +117 | 46% |
Gavin Newsom | +9900 | 1% |
RFK Jr. | +9900 | 1% |
Michelle Obama | +9900 | 1% |
Hillary Clinton | +9900 | 1% |
Joe Biden | +9900 | 1% |
Nikki Haley | +9900 | 1% |
Pete Buttigieg | +9900 | 1% |
Ron DeSantis | +9900 | 1% |
Republican and Democrat 2024 odds
FanDuel also allows bettors to wager on the winning party for 2024. Here are the current election odds for each major party.
- Democrats: (-110)
- Republicans: (-110)
- Independent: (+2000)
Current political landscape
Donald Trump and Kamala Harris are on a collision course in 2024 after Joe Biden announced he would not seek re-election. The Democratic Party received a seismic jolt of optimism in the days that it was learned that Harris would be the nominee and not Biden.
Harris formally become the Democratic nominee for President on August 22 at the Democratic National Convention. Trump and Harris will meet on Tuesday, September 10 for the first of what could be multiple debates.
Robert Kennedy Jr. has fallen on 2024 Presidential odds boards in the past few months. Last summer, RFK Jr. had the third shortest odds, behind Biden and Trump. Ron DeSantis, meanwhile, had been the overall betting favorite at times (on the best betting sites and betting apps) during the previous year but he officially suspended his campaign. Here is a deeper dive into some of the top Presidential candidates:
Here is the full list of one-term presidents and their tenures in office. It is a list that Biden will soon be added to:
- 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
Will Trump run in 2024?
As for Trump, he remains among the favorites and is currently running in the 2024 presidential election.
The first deciding events in an election year are the Iowa caucuses and the New Hampshire primary, which took place in January and 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 greatly impact the odds. Trump won both events in a landslide for Republicans.
After these two events, most of Trump’s main challengers suspended their presidential campaigns. Ramaswamy and DeSantis ended their campaigns in January, with Haley ending hers in March.
Can Donald Trump run again in 2024?
Yes, Donald Trump can run for re-election in 2024.
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 push 83 when his potential second term would end.
Election betting explained
Books often refer to markets on these contests as “futures.” That’s because they 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 the 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. In the early stages, candidates with the most name recognition tend to poll the strongest. That’s why in 2020, on the Democratic side, former VP Joe Biden and 2016 candidate Bernie Sanders were early polling front-runners.
As lower-tier candidates with difficulty fundraising drop out of the race and TV debates start crystallizing (or galvanizing) voter opinion, the numbers 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
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 initially felt that the Democrats would break that tradition in 2024, however, nominating Vice President-Elect Kamala Harris instead. Gavin Newsom is the current favorite to lead the Dems if Biden doesn’t run.
Republicans
While Donald Trump is the frontrunner at sportsbooks right now, former South Carolina governor Nikki Haley is the next top contender. After that, the field contains Vivek Ramaswamy and Ron DeSantis.
2024 Presidential betting tips
Regarding presidential elections, the candidates who most ideologically represent the opposite end of the spectrum often fare the best. For example, Barack Obama and Donald Trump were about as different as possible.
That’s usually following a two-term president, however.
Watch candidates’ fundraising and polling as the cycle nears. That will be an indicator of which candidates to back at the books.
Can you bet On The Election in the US?
You cannot legally bet on elections using regulated online sportsbooks in the US. Election odds are only a regulated market at Ontario online sportsbooks.