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?»?2024 US Presidential Election Odds.
NAME ODDS CHANGE Kamala Harris 22.2% 2.20% Joe Biden 16.7% ??” Donald Trump 9.1% ??” Nikki Haley 9.1% ??” Pete Buttigieg 6.7% ??” Mike Pence 5.9% ??” Alexandria Ocasio-Cortez 5.3% ??” Donald Trump Jnr 5.3% ??” Eric Trump 5.3% ??” Ivanka Trump 5.3% ??”
Implied probabilities are calculated using odds offered by Betfair. Last Updated: 2021-02-06 20:00:30 PDT.
For news on what affected the presidential odds during the 2020 election, please see our prior news coverage:
2020 US presidential election odds coverage archive:
2024 US Presidential Election Odds.
The 2020 US Presidential election was considered to be the most important election of modern times. Even before the close of calendar year 2020, there is already talk of the 2024 Presidential election. Trump is already fundraising and declaring his intention to run, which sets up a potentially wild ride for the next 4 years.
When it comes to the odds to win the presidency, track the odds here. With up to the minute presidential bet odds bookmark this page and check back often.
How Odds On Elections Are Calculated.
Presidential betting odds are calculated using an aggregated weighted index including numbers from:
Betfair Exchange Betway PredictIt.
As of early 2021, only Betfair is offering odds because they are the only bookmaker taking bets on the next election. We assume Betway and PredictIt will be taking bets at some point and those odds will be added in.
Once all three bookmakers publish odds, you can use the chart above to view odds from all of them at once, weighted, or check an individual market. A betting exchange (Betfair Exchange, PredicIt) lets people bet against each other. The bookmaker (Betway) takes less risk but will take a small percentage of winnings.
Election betting is often referred to as ???futures??? because it is a wager on a specific, future event. Most election wagers are moneyline bets or straight bets. It??™s a straight forward wager normally with no spread involved.
For a sporting event, you are bidding on which team will win. For betting on the presidential election, you are bidding on which candidate will win.
How Are The Presidential Election Betting Percentages Calculated.
When comparing the presidential odds, a plus symbol means that the option is an underdog. The minus symbol means the option is a favorite to win.
When Trump??™s election odds are set at -125, presidential bet odds give Republicans a 55.56% chance of winning.
How Accurate Are The Betting Odds For The Election.
As with any wager, it??™s important to look at the sources of information that lead people to choose one bet or another. In this case, news coverage and election polling are common sources of information.
Prior to the 2016 election, people commonly trusted reliable polling numbers. That??™s changed in the 2018 and 2020 elections. In particular, polls leading up to the 2020 elections predicted the Democrats would gain in the US House of Representatives and would take bake the US Senate. Neither of these occurred.
So, how accurate are the betting odds? They change daily (and even hourly) based on peoples??™ perceptions of who will win the election. If Trump continues to campaign for the 2024 election, the odds could continue to be as volatile as they were in 2020 because of his unpredictability.
2024 Election Key Dates.
Many of the key election dates are set months or years in advance. As of early 2021, only two dates have been set for the 2024 election cycle. Primary dates and convention dates have yet to be set.
Here are some of the key dates that could affect polling numbers for the 2020 US Presidential election:
November 5, 2024 : US Presidential Election January 20, 2025 : Swearing-in of the next President.
Can You Bet On The 2024 Election In The US?
Legal US online sports betting websites do not accept betting on presidential elections or any other political betting. We don??™t see this situation changing before the 2024 election.
Although some events during 2020 led election betters to believe this could be changing.
West Virginia Election Betting.
The West Virginia Lottery briefly approved three sports betting companies to open election betting. With sports betting down and casinos closed due to the Coronavirus, the sports betting companies sought different avenues for revenue. Governor Jim Justice quickly rescinded this approval. Election betting is illegal in West Virginia.
Looking for more sports betting odds? Check out our Super Bowl Odds, World Series, Stanley Cup, and NBA Finals.
FAQs ??“ U.S. Presidential Election Betting And Odds.
The most common prop bet is simply who will win the election. It is also possible to wager on other results of the 2024 election. The political betting market includes who will win the popular vote, who will win the Electoral College, or who will control the US House of Representatives.
No, due to restrictive regulations against political and election betting, sportsbooks won??™t take an election bet. When Nevada state set the regulations for sports betting in 1985, they restricted betting to professional sports. Over the years, Nevada loosened the rules to include college sports and the Olympics. Despite that, the state still does not allow for election betting. There is still talk of Vegas presidential odds, though. Some of the top oddsmakers in Vegas are offering their predictions. They are posting lines, just like they would for other non-sports events, like the Oscars. Although they are prohibited from taking bets, it??™s more of a marketing gimmick, for entertainment purposes only.
Peoples??™ perceptions of the likelihood of an outcome affect the percentages daily, and even hourly. News and current events affect peoples??™ perceptions, particularly in a volatile and ever-changing news cycle.
In the past, endorsements were a key indicator of the eventual nominee and election winner. The 2016 election, though, ended that trend. That said, endorsements can indicate how an elected official will turn out the vote in their jurisdiction.
Polling data can provide a good indicator of the likely outcome of an election. These are, of course, polls and not results and should be taken with a grain of salt. The 2016 election resulted in some of the most traditionally reliable polls being totally off base. The same occurred during the 2020 election, particularly in the US Senate. Some of the most well-respected polls for US election monitoring are RealClear Politics and FiveThirtyEight.
The odds markets continue to take into consideration unlikely candidates. In the months leading up to the 2020 election, the odds focused only on Trump and Biden but earlier odds included Senator Bernie Sanders, Secretary of State Hillary Clinton, and even Vice President Mike Pence ??“ all long-shot candidates. For the 2024 election, because it is still early, there are multiple potential candidates and nominees, including four with the last name Trump.
US election betting: Sportsbet pays out on Joe Biden win early.
Even though counting is still going, a major Aussie betting site has declared Joe Biden the winner and is paying out punters already.
November 5, 2020 2:21pm.
Donald Trump has declared himself the winner of the 2020 presidential election and called for
5 579 24-12-2021 17:40:50
Re : Facebook
?»?2024 US Presidential Election Odds.
NAME ODDS CHANGE Kamala Harris 22.2% 2.20% Joe Biden 16.7% ??” Donald Trump 9.1% ??” Nikki Haley 9.1% ??” Pete Buttigieg 6.7% ??” Mike Pence 5.9% ??” Alexandria Ocasio-Cortez 5.3% ??” Donald Trump Jnr 5.3% ??” Eric Trump 5.3% ??” Ivanka Trump 5.3% ??”
Implied probabilities are calculated using odds offered by Betfair. Last Updated: 2021-02-06 20:00:30 PDT.
For news on what affected the presidential odds during the 2020 election, please see our prior news coverage:
2020 US presidential election odds coverage archive:
2024 US Presidential Election Odds.
The 2020 US Presidential election was considered to be the most important election of modern times. Even before the close of calendar year 2020, there is already talk of the 2024 Presidential election. Trump is already fundraising and declaring his intention to run, which sets up a potentially wild ride for the next 4 years.
When it comes to the odds to win the presidency, track the odds here. With up to the minute presidential bet odds bookmark this page and check back often.
How Odds On Elections Are Calculated.
Presidential betting odds are calculated using an aggregated weighted index including numbers from:
Betfair Exchange Betway PredictIt.
As of early 2021, only Betfair is offering odds because they are the only bookmaker taking bets on the next election. We assume Betway and PredictIt will be taking bets at some point and those odds will be added in.
Once all three bookmakers publish odds, you can use the chart above to view odds from all of them at once, weighted, or check an individual market. A betting exchange (Betfair Exchange, PredicIt) lets people bet against each other. The bookmaker (Betway) takes less risk but will take a small percentage of winnings.
Election betting is often referred to as ???futures??? because it is a wager on a specific, future event. Most election wagers are moneyline bets or straight bets. It??™s a straight forward wager normally with no spread involved.
For a sporting event, you are bidding on which team will win. For betting on the presidential election, you are bidding on which candidate will win.
How Are The Presidential Election Betting Percentages Calculated.
When comparing the presidential odds, a plus symbol means that the option is an underdog. The minus symbol means the option is a favorite to win.
When Trump??™s election odds are set at -125, presidential bet odds give Republicans a 55.56% chance of winning.
How Accurate Are The Betting Odds For The Election.
As with any wager, it??™s important to look at the sources of information that lead people to choose one bet or another. In this case, news coverage and election polling are common sources of information.
Prior to the 2016 election, people commonly trusted reliable polling numbers. That??™s changed in the 2018 and 2020 elections. In particular, polls leading up to the 2020 elections predicted the Democrats would gain in the US House of Representatives and would take bake the US Senate. Neither of these occurred.
So, how accurate are the betting odds? They change daily (and even hourly) based on peoples??™ perceptions of who will win the election. If Trump continues to campaign for the 2024 election, the odds could continue to be as volatile as they were in 2020 because of his unpredictability.
2024 Election Key Dates.
Many of the key election dates are set months or years in advance. As of early 2021, only two dates have been set for the 2024 election cycle. Primary dates and convention dates have yet to be set.
Here are some of the key dates that could affect polling numbers for the 2020 US Presidential election:
November 5, 2024 : US Presidential Election January 20, 2025 : Swearing-in of the next President.
Can You Bet On The 2024 Election In The US?
Legal US online sports betting websites do not accept betting on presidential elections or any other political betting. We don??™t see this situation changing before the 2024 election.
Although some events during 2020 led election betters to believe this could be changing.
West Virginia Election Betting.
The West Virginia Lottery briefly approved three sports betting companies to open election betting. With sports betting down and casinos closed due to the Coronavirus, the sports betting companies sought different avenues for revenue. Governor Jim Justice quickly rescinded this approval. Election betting is illegal in West Virginia.
Looking for more sports betting odds? Check out our Super Bowl Odds, World Series, Stanley Cup, and NBA Finals.
FAQs ??“ U.S. Presidential Election Betting And Odds.
The most common prop bet is simply who will win the election. It is also possible to wager on other results of the 2024 election. The political betting market includes who will win the popular vote, who will win the Electoral College, or who will control the US House of Representatives.
No, due to restrictive regulations against political and election betting, sportsbooks won??™t take an election bet. When Nevada state set the regulations for sports betting in 1985, they restricted betting to professional sports. Over the years, Nevada loosened the rules to include college sports and the Olympics. Despite that, the state still does not allow for election betting. There is still talk of Vegas presidential odds, though. Some of the top oddsmakers in Vegas are offering their predictions. They are posting lines, just like they would for other non-sports events, like the Oscars. Although they are prohibited from taking bets, it??™s more of a marketing gimmick, for entertainment purposes only.
Peoples??™ perceptions of the likelihood of an outcome affect the percentages daily, and even hourly. News and current events affect peoples??™ perceptions, particularly in a volatile and ever-changing news cycle.
In the past, endorsements were a key indicator of the eventual nominee and election winner. The 2016 election, though, ended that trend. That said, endorsements can indicate how an elected official will turn out the vote in their jurisdiction.
Polling data can provide a good indicator of the likely outcome of an election. These are, of course, polls and not results and should be taken with a grain of salt. The 2016 election resulted in some of the most traditionally reliable polls being totally off base. The same occurred during the 2020 election, particularly in the US Senate. Some of the most well-respected polls for US election monitoring are RealClear Politics and FiveThirtyEight.
The odds markets continue to take into consideration unlikely candidates. In the months leading up to the 2020 election, the odds focused only on Trump and Biden but earlier odds included Senator Bernie Sanders, Secretary of State Hillary Clinton, and even Vice President Mike Pence ??“ all long-shot candidates. For the 2024 election, because it is still early, there are multiple potential candidates and nominees, including four with the last name Trump.
US election betting: Sportsbet pays out on Joe Biden win early.
Even though counting is still going, a major Aussie betting site has declared Joe Biden the winner and is paying out punters already.
November 5, 2020 2:21pm.
Donald Trump has declared himself the winner of the 2020 presidential election and called for "all voting to stop" in remarks delivered live from the White House on .
Donald Trump has declared himself the winner of the 2020 presidential election and called for "all voting to stop" in remarks delivered live from the White House on election night.
The betting agencies are providing huge clues about the election result. Picture: Michael Ciaglo/Getty Images/AFP Source:AFP.
A bookmaker has declared a Joe Biden victory, already paying out on bets for him to become the next US President.
Sportsbet tweeted the announcement just after 11am Australian time, even though the election is yet to be officially called by anyone.
The betting agency has paid out $23 million on election bets, but says it is still taking bets on who will win the presidential race.
The betting site had Biden at $1.10 and Trump at $6.50 but odds has been shifting dramatically over the past 48 hours.
Just yesterday afternoon, there was a huge swing to Trump, whose odds plummeted to a narrow $1.22.
But this morning, things wildy swung back in favour of Biden as the race narrows in key battleground states.
This is how Australian bookies were tracking this morning. Basically, it means for every $1 you put on that candidate, you would get the below in return if they win.
HERE ARE THE LATEST ODDS AT 2:30PM:
Scroll below to see how they compared to last night.
Joe Biden is firming up in betting odds to become the next president as polls close in the US election. Picture: Jim Watson/AFP Source:AFP.
In 2016, Trump was $2.35 before markets closed ahead of the election.
Biden??™s highest price was $26 in February this year.
The US election has been so popular for TAB that it will hold more money for the historical event than the AFL or NRL Grand Finals and it??™s the same situation for Sportsbet.
RECORD BREAKING BET.
Over in the UK, a British businessman is so confident Trump will win that he has placed a record breaking bet on the president staying in the White House.
The mystery former banker used private bookies registered in the Caribbean to place a bet of $5 million ($A6.97m), with odds of 37/20, on Trump??™s win, according to The Sun .
If he is successful, the businessman could be taking home almost $15 million ($A20.9m).
A betting industry source told the publication the bet was believed to be ???the biggest ever made on politics???.
While most indicators predict a Biden victory, if 2016 taught us anything, it??™s that there??™s no such thing as a shoo-in.
There has been a huge rush in bets on the US election, providing some major clues about what to expect from one of the most crucial votes in recent history when it comes to the polls ??“ and the betting agencies.
WHAT DID THE POLLS SAY?
On election eve in the US, there had been a flurry of last-minute polling, with the Des Moines Register poll showing Trump beating Biden 48 per cent to 41 in Iowa ??“ a massive swing from its previous survey, which had the race tied.
A poll of New Mexico from The Albuquerque Journal , which showed Mr Biden winning 54-42, was in line with the conventional wisdom that New Mexico was a little too Democrat-leaning these days to be considered a proper swing state.
The latest batch of New York Times /Siena polls covered four different states. Those polls showed Biden up 49-43 in Arizona, 52-41 in Wisconsin, 47-44 in Florida and 49-43 in Pennsylvania.
An EPIC-MRA poll of Michigan had the Democrat leading 48-41. Another, conducted by St Pete, showed him winning Florida by a razor-thin 49-48 margin. And finally, a pair of ABC News/ Washington Post surveys had Biden up 51-44 in Pennsylvania, but Trump winning Florida 50-48.
The odds are in Joe Biden??™s favour. Picture: Drew Angerer/Getty Images/AFP Source:AFP.
WHAT ARE THE ODDS?
Democratic hopeful Joe Biden has been the clear favourite across the major betting sites in the lead-up to the election.
But as the vote continued into the night, odds switched back in favour of Donald Trump.
Many believe betting odds offer a more accurate election prediction than polls, as people have invested their own hard-earned cash in the outcome.
These were the odds according to some of the major betting agencies, as of November 4 at 6.30pm, so you can see how much they??™ve shifted.
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5 580 24-12-2021 17:41:53
Re : Facebook
?»?2024 US Presidential Election Odds.
NAME ODDS CHANGE Kamala Harris 22.2% 2.20% Joe Biden 16.7% ??” Donald Trump 9.1% ??” Nikki Haley 9.1% ??” Pete Buttigieg 6.7% ??” Mike Pence 5.9% ??” Alexandria Ocasio-Cortez 5.3% ??” Donald Trump Jnr 5.3% ??” Eric Trump 5.3% ??” Ivanka Trump 5.3% ??”
Implied probabilities are calculated using odds offered by Betfair. Last Updated: 2021-02-06 20:00:30 PDT.
For news on what affected the presidential odds during the 2020 election, please see our prior news coverage:
2020 US presidential election odds coverage archive:
2024 US Presidential Election Odds.
The 2020 US Presidential election was considered to be the most important election of modern times. Even before the close of calendar year 2020, there is already talk of the 2024 Presidential election. Trump is already fundraising and declaring his intention to run, which sets up a potentially wild ride for the next 4 years.
When it comes to the odds to win the presidency, track the odds here. With up to the minute presidential bet odds bookmark this page and check back often.
How Odds On Elections Are Calculated.
Presidential betting odds are calculated using an aggregated weighted index including numbers from:
Betfair Exchange Betway PredictIt.
As of early 2021, only Betfair is offering odds because they are the only bookmaker taking bets on the next election. We assume Betway and PredictIt will be taking bets at some point and those odds will be added in.
Once all three bookmakers publish odds, you can use the chart above to view odds from all of them at once, weighted, or check an individual market. A betting exchange (Betfair Exchange, PredicIt) lets people bet against each other. The bookmaker (Betway) takes less risk but will take a small percentage of winnings.
Election betting is often referred to as ???futures??? because it is a wager on a specific, future event. Most election wagers are moneyline bets or straight bets. It??™s a straight forward wager normally with no spread involved.
For a sporting event, you are bidding on which team will win. For betting on the presidential election, you are bidding on which candidate will win.
How Are The Presidential Election Betting Percentages Calculated.
When comparing the presidential odds, a plus symbol means that the option is an underdog. The minus symbol means the option is a favorite to win.
When Trump??™s election odds are set at -125, presidential bet odds give Republicans a 55.56% chance of winning.
How Accurate Are The Betting Odds For The Election.
As with any wager, it??™s important to look at the sources of information that lead people to choose one bet or another. In this case, news coverage and election polling are common sources of information.
Prior to the 2016 election, people commonly trusted reliable polling numbers. That??™s changed in the 2018 and 2020 elections. In particular, polls leading up to the 2020 elections predicted the Democrats would gain in the US House of Representatives and would take bake the US Senate. Neither of these occurred.
So, how accurate are the betting odds? They change daily (and even hourly) based on peoples??™ perceptions of who will win the election. If Trump continues to campaign for the 2024 election, the odds could continue to be as volatile as they were in 2020 because of his unpredictability.
2024 Election Key Dates.
Many of the key election dates are set months or years in advance. As of early 2021, only two dates have been set for the 2024 election cycle. Primary dates and convention dates have yet to be set.
Here are some of the key dates that could affect polling numbers for the 2020 US Presidential election:
November 5, 2024 : US Presidential Election January 20, 2025 : Swearing-in of the next President.
Can You Bet On The 2024 Election In The US?
Legal US online sports betting websites do not accept betting on presidential elections or any other political betting. We don??™t see this situation changing before the 2024 election.
Although some events during 2020 led election betters to believe this could be changing.
West Virginia Election Betting.
The West Virginia Lottery briefly approved three sports betting companies to open election betting. With sports betting down and casinos closed due to the Coronavirus, the sports betting companies sought different avenues for revenue. Governor Jim Justice quickly rescinded this approval. Election betting is illegal in West Virginia.
Looking for more sports betting odds? Check out our Super Bowl Odds, World Series, Stanley Cup, and NBA Finals.
FAQs ??“ U.S. Presidential Election Betting And Odds.
The most common prop bet is simply who will win the election. It is also possible to wager on other results of the 2024 election. The political betting market includes who will win the popular vote, who will win the Electoral College, or who will control the US House of Representatives.
No, due to restrictive regulations against political and election betting, sportsbooks won??™t take an election bet. When Nevada state set the regulations for sports betting in 1985, they restricted betting to professional sports. Over the years, Nevada loosened the rules to include college sports and the Olympics. Despite that, the state still does not allow for election betting. There is still talk of Vegas presidential odds, though. Some of the top oddsmakers in Vegas are offering their predictions. They are posting lines, just like they would for other non-sports events, like the Oscars. Although they are prohibited from taking bets, it??™s more of a marketing gimmick, for entertainment purposes only.
Peoples??™ perceptions of the likelihood of an outcome affect the percentages daily, and even hourly. News and current events affect peoples??™ perceptions, particularly in a volatile and ever-changing news cycle.
In the past, endorsements were a key indicator of the eventual nominee and election winner. The 2016 election, though, ended that trend. That said, endorsements can indicate how an elected official will turn out the vote in their jurisdiction.
Polling data can provide a good indicator of the likely outcome of an election. These are, of course, polls and not results and should be taken with a grain of salt. The 2016 election resulted in some of the most traditionally reliable polls being totally off base. The same occurred during the 2020 election, particularly in the US Senate. Some of the most well-respected polls for US election monitoring are RealClear Politics and FiveThirtyEight.
The odds markets continue to take into consideration unlikely candidates. In the months leading up to the 2020 election, the odds focused only on Trump and Biden but earlier odds included Senator Bernie Sanders, Secretary of State Hillary Clinton, and even Vice President Mike Pence ??“ all long-shot candidates. For the 2024 election, because it is still early, there are multiple potential candidates and nominees, including four with the last name Trump.
US election betting: Sportsbet pays out on Joe Biden win early.
Even though counting is still going, a major Aussie betting site has declared Joe Biden the winner and is paying out punters already.
November 5, 2020 2:21pm.
Donald Trump has declared himself the winner of the 2020 presidential election and called for "all voting to stop" in remarks delivered live from the White House on .
Donald Trump has declared himself the winner of the 2020 presidential election and called for "all voting to stop" in remarks delivered live from the White House on election night.
The betting agencies are providing huge clues about the election result. Picture: Michael Ciaglo/Getty Images/AFP Source:AFP.
A bookmaker has declared a Joe Biden victory, already paying out on bets for him to become the next US President.
Sportsbet tweeted the announcement just after 11am Australian time, even though the election is yet to be officially called by anyone.
The betting agency has paid out $23 million on election bets, but says it is still taking bets on who will win the presidential race.
The betting site had Biden at $1.10 and Trump at $6.50 but odds has been shifting dramatically over the past 48 hours.
Just yesterday afternoon, there was a huge swing to Trump, whose odds plummeted to a narrow $1.22.
But this morning, things wildy swung back in favour of Biden as the race narrows in key battleground states.
This is how Australian bookies were tracking this morning. Basically, it means for every $1 you put on that candidate, you would get the below in return if they win.
HERE ARE THE LATEST ODDS AT 2:30PM:
Scroll below to see how they compared to last night.
Joe Biden is firming up in betting odds to become the next president as polls close in the US election. Picture: Jim Watson/AFP Source:AFP.
In 2016, Trump was $2.35 before markets closed ahead of the election.
Biden??™s highest price was $26 in February this year.
The US election has been so popular for TAB that it will hold more money for the historical event than the AFL or NRL Grand Finals and it??™s the same situation for Sportsbet.
RECORD BREAKING BET.
Over in the UK, a British businessman is so confident Trump will win that he has placed a record breaking bet on the president staying in the White House.
The mystery former banker used private bookies registered in the Caribbean to place a bet of $5 million ($A6.97m), with odds of 37/20, on Trump??™s win, according to The Sun .
If he is successful, the businessman could be taking home almost $15 million ($A20.9m).
A betting industry source told the publication the bet was believed to be ???the biggest ever made on politics???.
While most indicators predict a Biden victory, if 2016 taught us anything, it??™s that there??™s no such thing as a shoo-in.
There has been a huge rush in bets on the US election, providing some major clues about what to expect from one of the most crucial votes in recent history when it comes to the polls ??“ and the betting agencies.
WHAT DID THE POLLS SAY?
On election eve in the US, there had been a flurry of last-minute polling, with the Des Moines Register poll showing Trump beating Biden 48 per cent to 41 in Iowa ??“ a massive swing from its previous survey, which had the race tied.
A poll of New Mexico from The Albuquerque Journal , which showed Mr Biden winning 54-42, was in line with the conventional wisdom that New Mexico was a little too Democrat-leaning these days to be considered a proper swing state.
The latest batch of New York Times /Siena polls covered four different states. Those polls showed Biden up 49-43 in Arizona, 52-41 in Wisconsin, 47-44 in Florida and 49-43 in Pennsylvania.
An EPIC-MRA poll of Michigan had the Democrat leading 48-41. Another, conducted by St Pete, showed him winning Florida by a razor-thin 49-48 margin. And finally, a pair of ABC News/ Washington Post surveys had Biden up 51-44 in Pennsylvania, but Trump winning Florida 50-48.
The odds are in Joe Biden??™s favour. Picture: Drew Angerer/Getty Images/AFP Source:AFP.
WHAT ARE THE ODDS?
Democratic hopeful Joe Biden has been the clear favourite across the major betting sites in the lead-up to the election.
But as the vote continued into the night, odds switched back in favour of Donald Trump.
Many believe betting odds offer a more accurate election prediction than polls, as people have invested their own hard-earned cash in the outcome.
These were the odds according to some of the major betting agencies, as of November 4 at 6.30pm, so you can see how much they??™ve shifted.
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5 581 24-12-2021 17:43:25
Re : Facebook
?»?2024 US Presidential Election Odds.
NAME ODDS CHANGE Kamala Harris 22.2% 2.20% Joe Biden 16.7% ??” Donald Trump 9.1% ??” Nikki Haley 9.1% ??” Pete Buttigieg 6.7% ??” Mike Pence 5.9% ??” Alexandria Ocasio-Cortez 5.3% ??” Donald Trump Jnr 5.3% ??” Eric Trump 5.3% ??” Ivanka Trump 5.3% ??”
Implied probabilities are calculated using odds offered by Betfair. Last Updated: 2021-02-06 20:00:30 PDT.
For news on what affected the presidential odds during the 2020 election, please see our prior news coverage:
2020 US presidential election odds coverage archive:
2024 US Presidential Election Odds.
The 2020 US Presidential election was considered to be the most important election of modern times. Even before the close of calendar year 2020, there is already talk of the 2024 Presidential election. Trump is already fundraising and declaring his intention to run, which sets up a potentially wild ride for the next 4 years.
When it comes to the odds to win the presidency, track the odds here. With up to the minute presidential bet odds bookmark this page and check back often.
How Odds On Elections Are Calculated.
Presidential betting odds are calculated using an aggregated weighted index including numbers from:
Betfair Exchange Betway PredictIt.
As of early 2021, only Betfair is offering odds because they are the only bookmaker taking bets on the next election. We assume Betway and PredictIt will be taking bets at some point and those odds will be added in.
Once all three bookmakers publish odds, you can use the chart above to view odds from all of them at once, weighted, or check an individual market. A betting exchange (Betfair Exchange, PredicIt) lets people bet against each other. The bookmaker (Betway) takes less risk but will take a small percentage of winnings.
Election betting is often referred to as ???futures??? because it is a wager on a specific, future event. Most election wagers are moneyline bets or straight bets. It??™s a straight forward wager normally with no spread involved.
For a sporting event, you are bidding on which team will win. For betting on the presidential election, you are bidding on which candidate will win.
How Are The Presidential Election Betting Percentages Calculated.
When comparing the presidential odds, a plus symbol means that the option is an underdog. The minus symbol means the option is a favorite to win.
When Trump??™s election odds are set at -125, presidential bet odds give Republicans a 55.56% chance of winning.
How Accurate Are The Betting Odds For The Election.
As with any wager, it??™s important to look at the sources of information that lead people to choose one bet or another. In this case, news coverage and election polling are common sources of information.
Prior to the 2016 election, people commonly trusted reliable polling numbers. That??™s changed in the 2018 and 2020 elections. In particular, polls leading up to the 2020 elections predicted the Democrats would gain in the US House of Representatives and would take bake the US Senate. Neither of these occurred.
So, how accurate are the betting odds? They change daily (and even hourly) based on peoples??™ perceptions of who will win the election. If Trump continues to campaign for the 2024 election, the odds could continue to be as volatile as they were in 2020 because of his unpredictability.
2024 Election Key Dates.
Many of the key election dates are set months or years in advance. As of early 2021, only two dates have been set for the 2024 election cycle. Primary dates and convention dates have yet to be set.
Here are some of the key dates that could affect polling numbers for the 2020 US Presidential election:
November 5, 2024 : US Presidential Election January 20, 2025 : Swearing-in of the next President.
Can You Bet On The 2024 Election In The US?
Legal US online sports betting websites do not accept betting on presidential elections or any other political betting. We don??™t see this situation changing before the 2024 election.
Although some events during 2020 led election betters to believe this could be changing.
West Virginia Election Betting.
The West Virginia Lottery briefly approved three sports betting companies to open election betting. With sports betting down and casinos closed due to the Coronavirus, the sports betting companies sought different avenues for revenue. Governor Jim Justice quickly rescinded this approval. Election betting is illegal in West Virginia.
Looking for more sports betting odds? Check out our Super Bowl Odds, World Series, Stanley Cup, and NBA Finals.
FAQs ??“ U.S. Presidential Election Betting And Odds.
The most common prop bet is simply who will win the election. It is also possible to wager on other results of the 2024 election. The political betting market includes who will win the popular vote, who will win the Electoral College, or who will control the US House of Representatives.
No, due to restrictive regulations against political and election betting, sportsbooks won??™t take an election bet. When Nevada state set the regulations for sports betting in 1985, they restricted betting to professional sports. Over the years, Nevada loosened the rules to include college sports and the Olympics. Despite that, the state still does not allow for election betting. There is still talk of Vegas presidential odds, though. Some of the top oddsmakers in Vegas are offering their predictions. They are posting lines, just like they would for other non-sports events, like the Oscars. Although they are prohibited from taking bets, it??™s more of a marketing gimmick, for entertainment purposes only.
Peoples??™ perceptions of the likelihood of an outcome affect the percentages daily, and even hourly. News and current events affect peoples??™ perceptions, particularly in a volatile and ever-changing news cycle.
In the past, endorsements were a key indicator of the eventual nominee and election winner. The 2016 election, though, ended that trend. That said, endorsements can indicate how an elected official will turn out the vote in their jurisdiction.
Polling data can provide a good indicator of the likely outcome of an election. These are, of course, polls and not results and should be taken with a grain of salt. The 2016 election resulted in some of the most traditionally reliable polls being totally off base. The same occurred during the 2020 election, particularly in the US Senate. Some of the most well-respected polls for US election monitoring are RealClear Politics and FiveThirtyEight.
The odds markets continue to take into consideration unlikely candidates. In the months leading up to the 2020 election, the odds focused only on Trump and Biden but earlier odds included Senator Bernie Sanders, Secretary of State Hillary Clinton, and even Vice President Mike Pence ??“ all long-shot candidates. For the 2024 election, because it is still early, there are multiple potential candidates and nominees, including four with the last name Trump.
US election betting: Sportsbet pays out on Joe Biden win early.
Even though counting is still going, a major Aussie betting site has declared Joe Biden the winner and is paying out punters already.
November 5, 2020 2:21pm.
Donald Trump has declared himself the winner of the 2020 presidential election and called for "all voting to stop" in remarks delivered live from the White House on .
Donald Trump has declared himself the winner of the 2020 presidential election and called for "all voting to stop" in remarks delivered live from the White House on election night.
The betting agencies are providing huge clues about the election result. Picture: Michael Ciaglo/Getty Images/AFP Source:AFP.
A bookmaker has declared a Joe Biden victory, already paying out on bets for him to become the next US President.
Sportsbet tweeted the announcement just after 11am Australian time, even though the election is yet to be officially called by anyone.
The betting agency has paid out $23 million on election bets, but says it is still taking bets on who will win the presidential race.
The betting site had Biden at $1.10 and Trump at $6.50 but odds has been shifting dramatically over the past 48 hours.
Just yesterday afternoon, there was a huge swing to Trump, whose odds plummeted to a narrow $1.22.
But this morning, things wildy swung back in favour of Biden as the race narrows in key battleground states.
This is how Australian bookies were tracking this morning. Basically, it means for every $1 you put on that candidate, you would get the below in return if they win.
HERE ARE THE LATEST ODDS AT 2:30PM:
Scroll below to see how they compared to last night.
Joe Biden is firming up in betting odds to become the next president as polls close in the US election. Picture: Jim Watson/AFP Source:AFP.
In 2016, Trump was $2.35 before markets closed ahead of the election.
Biden??™s highest price was $26 in February this year.
The US election has been so popular for TAB that it will hold more money for the historical event than the AFL or NRL Grand Finals and it??™s the same situation for Sportsbet.
RECORD BREAKING BET.
Over in the UK, a British businessman is so confident Trump will win that he has placed a record breaking bet on the president staying in the White House.
The mystery former banker used private bookies registered in the Caribbean to place a bet of $5 million ($A6.97m), with odds of 37/20, on Trump??™s win, according to The Sun .
If he is successful, the businessman could be taking home almost $15 million ($A20.9m).
A betting industry source told the publication the bet was believed to be ???the biggest ever made on politics???.
While most indicators predict a Biden victory, if 2016 taught us anything, it??™s that there??™s no such thing as a shoo-in.
There has been a huge rush in bets on the US election, providing some major clues about what to expect from one of the most crucial votes in recent history when it comes to the polls ??“ and the betting agencies.
WHAT DID THE POLLS SAY?
On election eve in the US, there had been a flurry of last-minute polling, with the Des Moines Register poll showing Trump beating Biden 48 per cent to 41 in Iowa ??“ a massive swing from its previous survey, which had the race tied.
A poll of New Mexico from The Albuquerque Journal , which showed Mr Biden winning 54-42, was in line with the conventional wisdom that New Mexico was a little too Democrat-leaning these days to be considered a proper swing state.
The latest batch of New York Times /Siena polls covered four different states. Those polls showed Biden up 49-43 in Arizona, 52-41 in Wisconsin, 47-44 in Florida and 49-43 in Pennsylvania.
An EPIC-MRA poll of Michigan had the Democrat leading 48-41. Another, conducted by St Pete, showed him winning Florida by a razor-thin 49-48 margin. And finally, a pair of ABC News/ Washington Post surveys had Biden up 51-44 in Pennsylvania, but Trump winning Florida 50-48.
The odds are in Joe Biden??™s favour. Picture: Drew Angerer/Getty Images/AFP Source:AFP.
WHAT ARE THE ODDS?
Democratic hopeful Joe Biden has been the clear favourite across the major betting sites in the lead-up to the election.
But as the vote continued into the night, odds switched back in favour of Donald Trump.
Many believe betting odds offer a more accurate election prediction than polls, as people have invested their own hard-earned cash in the outcome.
These were the odds according to some of the major betting agencies, as of November 4 at 6.30pm, so you can see how much they??™ve shifted.
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5 582 24-12-2021 17:44:30
Re : Facebook
?»?2024 US Presidential Election Odds.
NAME ODDS CHANGE Kamala Harris 22.2% 2.20% Joe Biden 16.7% ??” Donald Trump 9.1% ??” Nikki Haley 9.1% ??” Pete Buttigieg 6.7% ??” Mike Pence 5.9% ??” Alexandria Ocasio-Cortez 5.3% ??” Donald Trump Jnr 5.3% ??” Eric Trump 5.3% ??” Ivanka Trump 5.3% ??”
Implied probabilities are calculated using odds offered by Betfair. Last Updated: 2021-02-06 20:00:30 PDT.
For news on what affected the presidential odds during the 2020 election, please see our prior news coverage:
2020 US presidential election odds coverage archive:
2024 US Presidential Election Odds.
The 2020 US Presidential election was considered to be the most important election of modern times. Even before the close of calendar year 2020, there is already talk of the 2024 Presidential election. Trump is already fundraising and declaring his intention to run, which sets up a potentially wild ride for the next 4 years.
When it comes to the odds to win the presidency, track the odds here. With up to the minute presidential bet odds bookmark this page and check back often.
How Odds On Elections Are Calculated.
Presidential betting odds are calculated using an aggregated weighted index including numbers from:
Betfair Exchange Betway PredictIt.
As of early 2021, only Betfair is offering odds because they are the only bookmaker taking bets on the next election. We assume Betway and PredictIt will be taking bets at some point and those odds will be added in.
Once all three bookmakers publish odds, you can use the chart above to view odds from all of them at once, weighted, or check an individual market. A betting exchange (Betfair Exchange, PredicIt) lets people bet against each other. The bookmaker (Betway) takes less risk but will take a small percentage of winnings.
Election betting is often referred to as ???futures??? because it is a wager on a specific, future event. Most election wagers are moneyline bets or straight bets. It??™s a straight forward wager normally with no spread involved.
For a sporting event, you are bidding on which team will win. For betting on the presidential election, you are bidding on which candidate will win.
How Are The Presidential Election Betting Percentages Calculated.
When comparing the presidential odds, a plus symbol means that the option is an underdog. The minus symbol means the option is a favorite to win.
When Trump??™s election odds are set at -125, presidential bet odds give Republicans a 55.56% chance of winning.
How Accurate Are The Betting Odds For The Election.
As with any wager, it??™s important to look at the sources of information that lead people to choose one bet or another. In this case, news coverage and election polling are common sources of information.
Prior to the 2016 election, people commonly trusted reliable polling numbers. That??™s changed in the 2018 and 2020 elections. In particular, polls leading up to the 2020 elections predicted the Democrats would gain in the US House of Representatives and would take bake the US Senate. Neither of these occurred.
So, how accurate are the betting odds? They change daily (and even hourly) based on peoples??™ perceptions of who will win the election. If Trump continues to campaign for the 2024 election, the odds could continue to be as volatile as they were in 2020 because of his unpredictability.
2024 Election Key Dates.
Many of the key election dates are set months or years in advance. As of early 2021, only two dates have been set for the 2024 election cycle. Primary dates and convention dates have yet to be set.
Here are some of the key dates that could affect polling numbers for the 2020 US Presidential election:
November 5, 2024 : US Presidential Election January 20, 2025 : Swearing-in of the next President.
Can You Bet On The 2024 Election In The US?
Legal US online sports betting websites do not accept betting on presidential elections or any other political betting. We don??™t see this situation changing before the 2024 election.
Although some events during 2020 led election betters to believe this could be changing.
West Virginia Election Betting.
The West Virginia Lottery briefly approved three sports betting companies to open election betting. With sports betting down and casinos closed due to the Coronavirus, the sports betting companies sought different avenues for revenue. Governor Jim Justice quickly rescinded this approval. Election betting is illegal in West Virginia.
Looking for more sports betting odds? Check out our Super Bowl Odds, World Series, Stanley Cup, and NBA Finals.
FAQs ??“ U.S. Presidential Election Betting And Odds.
The most common prop bet is simply who will win the election. It is also possible to wager on other results of the 2024 election. The political betting market includes who will win the popular vote, who will win the Electoral College, or who will control the US House of Representatives.
No, due to restrictive regulations against political and election betting, sportsbooks won??™t take an election bet. When Nevada state set the regulations for sports betting in 1985, they restricted betting to professional sports. Over the years, Nevada loosened the rules to include college sports and the Olympics. Despite that, the state still does not allow for election betting. There is still talk of Vegas presidential odds, though. Some of the top oddsmakers in Vegas are offering their predictions. They are posting lines, just like they would for other non-sports events, like the Oscars. Although they are prohibited from taking bets, it??™s more of a marketing gimmick, for entertainment purposes only.
Peoples??™ perceptions of the likelihood of an outcome affect the percentages daily, and even hourly. News and current events affect peoples??™ perceptions, particularly in a volatile and ever-changing news cycle.
In the past, endorsements were a key indicator of the eventual nominee and election winner. The 2016 election, though, ended that trend. That said, endorsements can indicate how an elected official will turn out the vote in their jurisdiction.
Polling data can provide a good indicator of the likely outcome of an election. These are, of course, polls and not results and should be taken with a grain of salt. The 2016 election resulted in some of the most traditionally reliable polls being totally off base. The same occurred during the 2020 election, particularly in the US Senate. Some of the most well-respected polls for US election monitoring are RealClear Politics and FiveThirtyEight.
The odds markets continue to take into consideration unlikely candidates. In the months leading up to the 2020 election, the odds focused only on Trump and Biden but earlier odds included Senator Bernie Sanders, Secretary of State Hillary Clinton, and even Vice President Mike Pence ??“ all long-shot candidates. For the 2024 election, because it is still early, there are multiple potential candidates and nominees, including four with the last name Trump.
US election betting: Sportsbet pays out on Joe Biden win early.
Even though counting is still going, a major Aussie betting site has declared Joe Biden the winner and is paying out punters already.
November 5, 2020 2:21pm.
Donald Trump has declared himself the winner of the 2020 presidential election and called for "all voting to stop" in remarks delivered live from the White House on .
Donald Trump has declared himself the winner of the 2020 presidential election and called for "all voting to stop" in remarks delivered live from the White House on election night.
The betting agencies are providing huge clues about the election result. Picture: Michael Ciaglo/Getty Images/AFP Source:AFP.
A bookmaker has declared a Joe Biden victory, already paying out on bets for him to become the next US President.
Sportsbet tweeted the announcement just after 11am Australian time, even though the election is yet to be officially called by anyone.
The betting agency has paid out $23 million on election bets, but says it is still taking bets on who will win the presidential race.
The betting site had Biden at $1.10 and Trump at $6.50 but odds has been shifting dramatically over the past 48 hours.
Just yesterday afternoon, there was a huge swing to Trump, whose odds plummeted to a narrow $1.22.
But this morning, things wildy swung back in favour of Biden as the race narrows in key battleground states.
This is how Australian bookies were tracking this morning. Basically, it means for every $1 you put on that candidate, you would get the below in return if they win.
HERE ARE THE LATEST ODDS AT 2:30PM:
Scroll below to see how they compared to last night.
Joe Biden is firming up in betting odds to become the next president as polls close in the US election. Picture: Jim Watson/AFP Source:AFP.
In 2016, Trump was $2.35 before markets closed ahead of the election.
Biden??™s highest price was $26 in February this year.
The US election has been so popular for TAB that it will hold more money for the historical event than the AFL or NRL Grand Finals and it??™s the same situation for Sportsbet.
RECORD BREAKING BET.
Over in the UK, a British businessman is so confident Trump will win that he has placed a record breaking bet on the president staying in the White House.
The mystery former banker used private bookies registered in the Caribbean to place a bet of $5 million ($A6.97m), with odds of 37/20, on Trump??™s win, according to The Sun .
If he is successful, the businessman could be taking home almost $15 million ($A20.9m).
A betting industry source told the publication the bet was believed to be ???the biggest ever made on politics???.
While most indicators predict a Biden victory, if 2016 taught us anything, it??™s that there??™s no such thing as a shoo-in.
There has been a huge rush in bets on the US election, providing some major clues about what to expect from one of the most crucial votes in recent history when it comes to the polls ??“ and the betting agencies.
WHAT DID THE POLLS SAY?
On election eve in the US, there had been a flurry of last-minute polling, with the Des Moines Register poll showing Trump beating Biden 48 per cent to 41 in Iowa ??“ a massive swing from its previous survey, which had the race tied.
A poll of New Mexico from The Albuquerque Journal , which showed Mr Biden winning 54-42, was in line with the conventional wisdom that New Mexico was a little too Democrat-leaning these days to be considered a proper swing state.
The latest batch of New York Times /Siena polls covered four different states. Those polls showed Biden up 49-43 in Arizona, 52-41 in Wisconsin, 47-44 in Florida and 49-43 in Pennsylvania.
An EPIC-MRA poll of Michigan had the Democrat leading 48-41. Another, conducted by St Pete, showed him winning Florida by a razor-thin 49-48 margin. And finally, a pair of ABC News/ Washington Post surveys had Biden up 51-44 in Pennsylvania, but Trump winning Florida 50-48.
The odds are in Joe Biden??™s favour. Picture: Drew Angerer/Getty Images/AFP Source:AFP.
WHAT ARE THE ODDS?
Democratic hopeful Joe Biden has been the clear favourite across the major betting sites in the lead-up to the election.
But as the vote continued into the night, odds switched back in favour of Donald Trump.
Many believe betting odds offer a more accurate election prediction than polls, as people have invested their own hard-earned cash in the outcome.
These were the odds according to some of the major betting agencies, as of November 4 at 6.30pm, so you can see how much they??™ve shifted.
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5 583 24-12-2021 17:45:50
Re : Facebook
?»?2024 US Presidential Election Odds.
NAME ODDS CHANGE Kamala Harris 22.2% 2.20% Joe Biden 16.7% ??” Donald Trump 9.1% ??” Nikki Haley 9.1% ??” Pete Buttigieg 6.7% ??” Mike Pence 5.9% ??” Alexandria Ocasio-Cortez 5.3% ??” Donald Trump Jnr 5.3% ??” Eric Trump 5.3% ??” Ivanka Trump 5.3% ??”
Implied probabilities are calculated using odds offered by Betfair. Last Updated: 2021-02-06 20:00:30 PDT.
For news on what affected the presidential odds during the 2020 election, please see our prior news coverage:
2020 US presidential election odds coverage archive:
2024 US Presidential Election Odds.
The 2020 US Presidential election was considered to be the most important election of modern times. Even before the close of calendar year 2020, there is already talk of the 2024 Presidential election. Trump is already fundraising and declaring his intention to run, which sets up a potentially wild ride for the next 4 years.
When it comes to the odds to win the presidency, track the odds here. With up to the minute presidential bet odds bookmark this page and check back often.
How Odds On Elections Are Calculated.
Presidential betting odds are calculated using an aggregated weighted index including numbers from:
Betfair Exchange Betway PredictIt.
As of early 2021, only Betfair is offering odds because they are the only bookmaker taking bets on the next election. We assume Betway and PredictIt will be taking bets at some point and those odds will be added in.
Once all three bookmakers publish odds, you can use the chart above to view odds from all of them at once, weighted, or check an individual market. A betting exchange (Betfair Exchange, PredicIt) lets people bet against each other. The bookmaker (Betway) takes less risk but will take a small percentage of winnings.
Election betting is often referred to as ???futures??? because it is a wager on a specific, future event. Most election wagers are moneyline bets or straight bets. It??™s a straight forward wager normally with no spread involved.
For a sporting event, you are bidding on which team will win. For betting on the presidential election, you are bidding on which candidate will win.
How Are The Presidential Election Betting Percentages Calculated.
When comparing the presidential odds, a plus symbol means that the option is an underdog. The minus symbol means the option is a favorite to win.
When Trump??™s election odds are set at -125, presidential bet odds give Republicans a 55.56% chance of winning.
How Accurate Are The Betting Odds For The Election.
As with any wager, it??™s important to look at the sources of information that lead people to choose one bet or another. In this case, news coverage and election polling are common sources of information.
Prior to the 2016 election, people commonly trusted reliable polling numbers. That??™s changed in the 2018 and 2020 elections. In particular, polls leading up to the 2020 elections predicted the Democrats would gain in the US House of Representatives and would take bake the US Senate. Neither of these occurred.
So, how accurate are the betting odds? They change daily (and even hourly) based on peoples??™ perceptions of who will win the election. If Trump continues to campaign for the 2024 election, the odds could continue to be as volatile as they were in 2020 because of his unpredictability.
2024 Election Key Dates.
Many of the key election dates are set months or years in advance. As of early 2021, only two dates have been set for the 2024 election cycle. Primary dates and convention dates have yet to be set.
Here are some of the key dates that could affect polling numbers for the 2020 US Presidential election:
November 5, 2024 : US Presidential Election January 20, 2025 : Swearing-in of the next President.
Can You Bet On The 2024 Election In The US?
Legal US online sports betting websites do not accept betting on presidential elections or any other political betting. We don??™t see this situation changing before the 2024 election.
Although some events during 2020 led election betters to believe this could be changing.
West Virginia Election Betting.
The West Virginia Lottery briefly approved three sports betting companies to open election betting. With sports betting down and casinos closed due to the Coronavirus, the sports betting companies sought different avenues for revenue. Governor Jim Justice quickly rescinded this approval. Election betting is illegal in West Virginia.
Looking for more sports betting odds? Check out our Super Bowl Odds, World Series, Stanley Cup, and NBA Finals.
FAQs ??“ U.S. Presidential Election Betting And Odds.
The most common prop bet is simply who will win the election. It is also possible to wager on other results of the 2024 election. The political betting market includes who will win the popular vote, who will win the Electoral College, or who will control the US House of Representatives.
No, due to restrictive regulations against political and election betting, sportsbooks won??™t take an election bet. When Nevada state set the regulations for sports betting in 1985, they restricted betting to professional sports. Over the years, Nevada loosened the rules to include college sports and the Olympics. Despite that, the state still does not allow for election betting. There is still talk of Vegas presidential odds, though. Some of the top oddsmakers in Vegas are offering their predictions. They are posting lines, just like they would for other non-sports events, like the Oscars. Although they are prohibited from taking bets, it??™s more of a marketing gimmick, for entertainment purposes only.
Peoples??™ perceptions of the likelihood of an outcome affect the percentages daily, and even hourly. News and current events affect peoples??™ perceptions, particularly in a volatile and ever-changing news cycle.
In the past, endorsements were a key indicator of the eventual nominee and election winner. The 2016 election, though, ended that trend. That said, endorsements can indicate how an elected official will turn out the vote in their jurisdiction.
Polling data can provide a good indicator of the likely outcome of an election. These are, of course, polls and not results and should be taken with a grain of salt. The 2016 election resulted in some of the most traditionally reliable polls being totally off base. The same occurred during the 2020 election, particularly in the US Senate. Some of the most well-respected polls for US election monitoring are RealClear Politics and FiveThirtyEight.
The odds markets continue to take into consideration unlikely candidates. In the months leading up to the 2020 election, the odds focused only on Trump and Biden but earlier odds included Senator Bernie Sanders, Secretary of State Hillary Clinton, and even Vice President Mike Pence ??“ all long-shot candidates. For the 2024 election, because it is still early, there are multiple potential candidates and nominees, including four with the last name Trump.
US election betting: Sportsbet pays out on Joe Biden win early.
Even though counting is still going, a major Aussie betting site has declared Joe Biden the winner and is paying out punters already.
November 5, 2020 2:21pm.
Donald Trump has declared himself the winner of the 2020 presidential election and called for "all voting to stop" in remarks delivered live from the White House on .
Donald Trump has declared himself the winner of the 2020 presidential election and called for "all voting to stop" in remarks delivered live from the White House on election night.
The betting agencies are providing huge clues about the election result. Picture: Michael Ciaglo/Getty Images/AFP Source:AFP.
A bookmaker has declared a Joe Biden victory, already paying out on bets for him to become the next US President.
Sportsbet tweeted the announcement just after 11am Australian time, even though the election is yet to be officially called by anyone.
The betting agency has paid out $23 million on election bets, but says it is still taking bets on who will win the presidential race.
The betting site had Biden at $1.10 and Trump at $6.50 but odds has been shifting dramatically over the past 48 hours.
Just yesterday afternoon, there was a huge swing to Trump, whose odds plummeted to a narrow $1.22.
But this morning, things wildy swung back in favour of Biden as the race narrows in key battleground states.
This is how Australian bookies were tracking this morning. Basically, it means for every $1 you put on that candidate, you would get the below in return if they win.
HERE ARE THE LATEST ODDS AT 2:30PM:
Scroll below to see how they compared to last night.
Joe Biden is firming up in betting odds to become the next president as polls close in the US election. Picture: Jim Watson/AFP Source:AFP.
In 2016, Trump was $2.35 before markets closed ahead of the election.
Biden??™s highest price was $26 in February this year.
The US election has been so popular for TAB that it will hold more money for the historical event than the AFL or NRL Grand Finals and it??™s the same situation for Sportsbet.
RECORD BREAKING BET.
Over in the UK, a British businessman is so confident Trump will win that he has placed a record breaking bet on the president staying in the White House.
The mystery former banker used private bookies registered in the Caribbean to place a bet of $5 million ($A6.97m), with odds of 37/20, on Trump??™s win, according to The Sun .
If he is successful, the businessman could be taking home almost $15 million ($A20.9m).
A betting industry source told the publication the bet was believed to be ???the biggest ever made on politics???.
While most indicators predict a Biden victory, if 2016 taught us anything, it??™s that there??™s no such thing as a shoo-in.
There has been a huge rush in bets on the US election, providing some major clues about what to expect from one of the most crucial votes in recent history when it comes to the polls ??“ and the betting agencies.
WHAT DID THE POLLS SAY?
On election eve in the US, there had been a flurry of last-minute polling, with the Des Moines Register poll showing Trump beating Biden 48 per cent to 41 in Iowa ??“ a massive swing from its previous survey, which had the race tied.
A poll of New Mexico from The Albuquerque Journal , which showed Mr Biden winning 54-42, was in line with the conventional wisdom that New Mexico was a little too Democrat-leaning these days to be considered a proper swing state.
The latest batch of New York Times /Siena polls covered four different states. Those polls showed Biden up 49-43 in Arizona, 52-41 in Wisconsin, 47-44 in Florida and 49-43 in Pennsylvania.
An EPIC-MRA poll of Michigan had the Democrat leading 48-41. Another, conducted by St Pete, showed him winning Florida by a razor-thin 49-48 margin. And finally, a pair of ABC News/ Washington Post surveys had Biden up 51-44 in Pennsylvania, but Trump winning Florida 50-48.
The odds are in Joe Biden??™s favour. Picture: Drew Angerer/Getty Images/AFP Source:AFP.
WHAT ARE THE ODDS?
Democratic hopeful Joe Biden has been the clear favourite across the major betting sites in the lead-up to the election.
But as the vote continued into the night, odds switched back in favour of Donald Trump.
Many believe betting odds offer a more accurate election prediction than polls, as people have invested their own hard-earned cash in the outcome.
These were the odds according to some of the major betting agencies, as of November 4 at 6.30pm, so you can see how much they??™ve shifted.
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Re : Facebook
?»?2024 US Presidential Election Odds.
NAME ODDS CHANGE Kamala Harris 22.2% 2.20% Joe Biden 16.7% ??” Donald Trump 9.1% ??” Nikki Haley 9.1% ??” Pete Buttigieg 6.7% ??” Mike Pence 5.9% ??” Alexandria Ocasio-Cortez 5.3% ??” Donald Trump Jnr 5.3% ??” Eric Trump 5.3% ??” Ivanka Trump 5.3% ??”
Implied probabilities are calculated using odds offered by Betfair. Last Updated: 2021-02-06 20:00:30 PDT.
For news on what affected the presidential odds during the 2020 election, please see our prior news coverage:
2020 US presidential election odds coverage archive:
2024 US Presidential Election Odds.
The 2020 US Presidential election was considered to be the most important election of modern times. Even before the close of calendar year 2020, there is already talk of the 2024 Presidential election. Trump is already fundraising and declaring his intention to run, which sets up a potentially wild ride for the next 4 years.
When it comes to the odds to win the presidency, track the odds here. With up to the minute presidential bet odds bookmark this page and check back often.
How Odds On Elections Are Calculated.
Presidential betting odds are calculated using an aggregated weighted index including numbers from:
Betfair Exchange Betway PredictIt.
As of early 2021, only Betfair is offering odds because they are the only bookmaker taking bets on the next election. We assume Betway and PredictIt will be taking bets at some point and those odds will be added in.
Once all three bookmakers publish odds, you can use the chart above to view odds from all of them at once, weighted, or check an individual market. A betting exchange (Betfair Exchange, PredicIt) lets people bet against each other. The bookmaker (Betway) takes less risk but will take a small percentage of winnings.
Election betting is often referred to as ???futures??? because it is a wager on a specific, future event. Most election wagers are moneyline bets or straight bets. It??™s a straight forward wager normally with no spread involved.
For a sporting event, you are bidding on which team will win. For betting on the presidential election, you are bidding on which candidate will win.
How Are The Presidential Election Betting Percentages Calculated.
When comparing the presidential odds, a plus symbol means that the option is an underdog. The minus symbol means the option is a favorite to win.
When Trump??™s election odds are set at -125, presidential bet odds give Republicans a 55.56% chance of winning.
How Accurate Are The Betting Odds For The Election.
As with any wager, it??™s important to look at the sources of information that lead people to choose one bet or another. In this case, news coverage and election polling are common sources of information.
Prior to the 2016 election, people commonly trusted reliable polling numbers. That??™s changed in the 2018 and 2020 elections. In particular, polls leading up to the 2020 elections predicted the Democrats would gain in the US House of Representatives and would take bake the US Senate. Neither of these occurred.
So, how accurate are the betting odds? They change daily (and even hourly) based on peoples??™ perceptions of who will win the election. If Trump continues to campaign for the 2024 election, the odds could continue to be as volatile as they were in 2020 because of his unpredictability.
2024 Election Key Dates.
Many of the key election dates are set months or years in advance. As of early 2021, only two dates have been set for the 2024 election cycle. Primary dates and convention dates have yet to be set.
Here are some of the key dates that could affect polling numbers for the 2020 US Presidential election:
November 5, 2024 : US Presidential Election January 20, 2025 : Swearing-in of the next President.
Can You Bet On The 2024 Election In The US?
Legal US online sports betting websites do not accept betting on presidential elections or any other political betting. We don??™t see this situation changing before the 2024 election.
Although some events during 2020 led election betters to believe this could be changing.
West Virginia Election Betting.
The West Virginia Lottery briefly approved three sports betting companies to open election betting. With sports betting down and casinos closed due to the Coronavirus, the sports betting companies sought different avenues for revenue. Governor Jim Justice quickly rescinded this approval. Election betting is illegal in West Virginia.
Looking for more sports betting odds? Check out our Super Bowl Odds, World Series, Stanley Cup, and NBA Finals.
FAQs ??“ U.S. Presidential Election Betting And Odds.
The most common prop bet is simply who will win the election. It is also possible to wager on other results of the 2024 election. The political betting market includes who will win the popular vote, who will win the Electoral College, or who will control the US House of Representatives.
No, due to restrictive regulations against political and election betting, sportsbooks won??™t take an election bet. When Nevada state set the regulations for sports betting in 1985, they restricted betting to professional sports. Over the years, Nevada loosened the rules to include college sports and the Olympics. Despite that, the state still does not allow for election betting. There is still talk of Vegas presidential odds, though. Some of the top oddsmakers in Vegas are offering their predictions. They are posting lines, just like they would for other non-sports events, like the Oscars. Although they are prohibited from taking bets, it??™s more of a marketing gimmick, for entertainment purposes only.
Peoples??™ perceptions of the likelihood of an outcome affect the percentages daily, and even hourly. News and current events affect peoples??™ perceptions, particularly in a volatile and ever-changing news cycle.
In the past, endorsements were a key indicator of the eventual nominee and election winner. The 2016 election, though, ended that trend. That said, endorsements can indicate how an elected official will turn out the vote in their jurisdiction.
Polling data can provide a good indicator of the likely outcome of an election. These are, of course, polls and not results and should be taken with a grain of salt. The 2016 election resulted in some of the most traditionally reliable polls being totally off base. The same occurred during the 2020 election, particularly in the US Senate. Some of the most well-respected polls for US election monitoring are RealClear Politics and FiveThirtyEight.
The odds markets continue to take into consideration unlikely candidates. In the months leading up to the 2020 election, the odds focused only on Trump and Biden but earlier odds included Senator Bernie Sanders, Secretary of State Hillary Clinton, and even Vice President Mike Pence ??“ all long-shot candidates. For the 2024 election, because it is still early, there are multiple potential candidates and nominees, including four with the last name Trump.
US election betting: Sportsbet pays out on Joe Biden win early.
Even though counting is still going, a major Aussie betting site has declared Joe Biden the winner and is paying out punters already.
November 5, 2020 2:21pm.
Donald Trump has declared himself the winner of the 2020 presidential election and called for "all voting to stop" in remarks delivered live from the White House on .
Donald Trump has declared himself the winner of the 2020 presidential election and called for "all voting to stop" in remarks delivered live from the White House on election night.
The betting agencies are providing huge clues about the election result. Picture: Michael Ciaglo/Getty Images/AFP Source:AFP.
A bookmaker has declared a Joe Biden victory, already paying out on bets for him to become the next US President.
Sportsbet tweeted the announcement just after 11am Australian time, even though the election is yet to be officially called by anyone.
The betting agency has paid out $23 million on election bets, but says it is still taking bets on who will win the presidential race.
The betting site had Biden at $1.10 and Trump at $6.50 but odds has been shifting dramatically over the past 48 hours.
Just yesterday afternoon, there was a huge swing to Trump, whose odds plummeted to a narrow $1.22.
But this morning, things wildy swung back in favour of Biden as the race narrows in key battleground states.
This is how Australian bookies were tracking this morning. Basically, it means for every $1 you put on that candidate, you would get the below in return if they win.
HERE ARE THE LATEST ODDS AT 2:30PM:
Scroll below to see how they compared to last night.
Joe Biden is firming up in betting odds to become the next president as polls close in the US election. Picture: Jim Watson/AFP Source:AFP.
In 2016, Trump was $2.35 before markets closed ahead of the election.
Biden??™s highest price was $26 in February this year.
The US election has been so popular for TAB that it will hold more money for the historical event than the AFL or NRL Grand Finals and it??™s the same situation for Sportsbet.
RECORD BREAKING BET.
Over in the UK, a British businessman is so confident Trump will win that he has placed a record breaking bet on the president staying in the White House.
The mystery former banker used private bookies registered in the Caribbean to place a bet of $5 million ($A6.97m), with odds of 37/20, on Trump??™s win, according to The Sun .
If he is successful, the businessman could be taking home almost $15 million ($A20.9m).
A betting industry source told the publication the bet was believed to be ???the biggest ever made on politics???.
While most indicators predict a Biden victory, if 2016 taught us anything, it??™s that there??™s no such thing as a shoo-in.
There has been a huge rush in bets on the US election, providing some major clues about what to expect from one of the most crucial votes in recent history when it comes to the polls ??“ and the betting agencies.
WHAT DID THE POLLS SAY?
On election eve in the US, there had been a flurry of last-minute polling, with the Des Moines Register poll showing Trump beating Biden 48 per cent to 41 in Iowa ??“ a massive swing from its previous survey, which had the race tied.
A poll of New Mexico from The Albuquerque Journal , which showed Mr Biden winning 54-42, was in line with the conventional wisdom that New Mexico was a little too Democrat-leaning these days to be considered a proper swing state.
The latest batch of New York Times /Siena polls covered four different states. Those polls showed Biden up 49-43 in Arizona, 52-41 in Wisconsin, 47-44 in Florida and 49-43 in Pennsylvania.
An EPIC-MRA poll of Michigan had the Democrat leading 48-41. Another, conducted by St Pete, showed him winning Florida by a razor-thin 49-48 margin. And finally, a pair of ABC News/ Washington Post surveys had Biden up 51-44 in Pennsylvania, but Trump winning Florida 50-48.
The odds are in Joe Biden??™s favour. Picture: Drew Angerer/Getty Images/AFP Source:AFP.
WHAT ARE THE ODDS?
Democratic hopeful Joe Biden has been the clear favourite across the major betting sites in the lead-up to the election.
But as the vote continued into the night, odds switched back in favour of Donald Trump.
Many believe betting odds offer a more accurate election prediction than polls, as people have invested their own hard-earned cash in the outcome.
These were the odds according to some of the major betting agencies, as of November 4 at 6.30pm, so you can see how much they??™ve shifted.
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5 585 24-12-2021 17:48:16
Re : Facebook
?»?2024 US Presidential Election Odds.
NAME ODDS CHANGE Kamala Harris 22.2% 2.20% Joe Biden 16.7% ??” Donald Trump 9.1% ??” Nikki Haley 9.1% ??” Pete Buttigieg 6.7% ??” Mike Pence 5.9% ??” Alexandria Ocasio-Cortez 5.3% ??” Donald Trump Jnr 5.3% ??” Eric Trump 5.3% ??” Ivanka Trump 5.3% ??”
Implied probabilities are calculated using odds offered by Betfair. Last Updated: 2021-02-06 20:00:30 PDT.
For news on what affected the presidential odds during the 2020 election, please see our prior news coverage:
2020 US presidential election odds coverage archive:
2024 US Presidential Election Odds.
The 2020 US Presidential election was considered to be the most important election of modern times. Even before the close of calendar year 2020, there is already talk of the 2024 Presidential election. Trump is already fundraising and declaring his intention to run, which sets up a potentially wild ride for the next 4 years.
When it comes to the odds to win the presidency, track the odds here. With up to the minute presidential bet odds bookmark this page and check back often.
How Odds On Elections Are Calculated.
Presidential betting odds are calculated using an aggregated weighted index including numbers from:
Betfair Exchange Betway PredictIt.
As of early 2021, only Betfair is offering odds because they are the only bookmaker taking bets on the next election. We assume Betway and PredictIt will be taking bets at some point and those odds will be added in.
Once all three bookmakers publish odds, you can use the chart above to view odds from all of them at once, weighted, or check an individual market. A betting exchange (Betfair Exchange, PredicIt) lets people bet against each other. The bookmaker (Betway) takes less risk but will take a small percentage of winnings.
Election betting is often referred to as ???futures??? because it is a wager on a specific, future event. Most election wagers are moneyline bets or straight bets. It??™s a straight forward wager normally with no spread involved.
For a sporting event, you are bidding on which team will win. For betting on the presidential election, you are bidding on which candidate will win.
How Are The Presidential Election Betting Percentages Calculated.
When comparing the presidential odds, a plus symbol means that the option is an underdog. The minus symbol means the option is a favorite to win.
When Trump??™s election odds are set at -125, presidential bet odds give Republicans a 55.56% chance of winning.
How Accurate Are The Betting Odds For The Election.
As with any wager, it??™s important to look at the sources of information that lead people to choose one bet or another. In this case, news coverage and election polling are common sources of information.
Prior to the 2016 election, people commonly trusted reliable polling numbers. That??™s changed in the 2018 and 2020 elections. In particular, polls leading up to the 2020 elections predicted the Democrats would gain in the US House of Representatives and would take bake the US Senate. Neither of these occurred.
So, how accurate are the betting odds? They change daily (and even hourly) based on peoples??™ perceptions of who will win the election. If Trump continues to campaign for the 2024 election, the odds could continue to be as volatile as they were in 2020 because of his unpredictability.
2024 Election Key Dates.
Many of the key election dates are set months or years in advance. As of early 2021, only two dates have been set for the 2024 election cycle. Primary dates and convention dates have yet to be set.
Here are some of the key dates that could affect polling numbers for the 2020 US Presidential election:
November 5, 2024 : US Presidential Election January 20, 2025 : Swearing-in of the next President.
Can You Bet On The 2024 Election In The US?
Legal US online sports betting websites do not accept betting on presidential elections or any other political betting. We don??™t see this situation changing before the 2024 election.
Although some events during 2020 led election betters to believe this could be changing.
West Virginia Election Betting.
The West Virginia Lottery briefly approved three sports betting companies to open election betting. With sports betting down and casinos closed due to the Coronavirus, the sports betting companies sought different avenues for revenue. Governor Jim Justice quickly rescinded this approval. Election betting is illegal in West Virginia.
Looking for more sports betting odds? Check out our Super Bowl Odds, World Series, Stanley Cup, and NBA Finals.
FAQs ??“ U.S. Presidential Election Betting And Odds.
The most common prop bet is simply who will win the election. It is also possible to wager on other results of the 2024 election. The political betting market includes who will win the popular vote, who will win the Electoral College, or who will control the US House of Representatives.
No, due to restrictive regulations against political and election betting, sportsbooks won??™t take an election bet. When Nevada state set the regulations for sports betting in 1985, they restricted betting to professional sports. Over the years, Nevada loosened the rules to include college sports and the Olympics. Despite that, the state still does not allow for election betting. There is still talk of Vegas presidential odds, though. Some of the top oddsmakers in Vegas are offering their predictions. They are posting lines, just like they would for other non-sports events, like the Oscars. Although they are prohibited from taking bets, it??™s more of a marketing gimmick, for entertainment purposes only.
Peoples??™ perceptions of the likelihood of an outcome affect the percentages daily, and even hourly. News and current events affect peoples??™ perceptions, particularly in a volatile and ever-changing news cycle.
In the past, endorsements were a key indicator of the eventual nominee and election winner. The 2016 election, though, ended that trend. That said, endorsements can indicate how an elected official will turn out the vote in their jurisdiction.
Polling data can provide a good indicator of the likely outcome of an election. These are, of course, polls and not results and should be taken with a grain of salt. The 2016 election resulted in some of the most traditionally reliable polls being totally off base. The same occurred during the 2020 election, particularly in the US Senate. Some of the most well-respected polls for US election monitoring are RealClear Politics and FiveThirtyEight.
The odds markets continue to take into consideration unlikely candidates. In the months leading up to the 2020 election, the odds focused only on Trump and Biden but earlier odds included Senator Bernie Sanders, Secretary of State Hillary Clinton, and even Vice President Mike Pence ??“ all long-shot candidates. For the 2024 election, because it is still early, there are multiple potential candidates and nominees, including four with the last name Trump.
US election betting: Sportsbet pays out on Joe Biden win early.
Even though counting is still going, a major Aussie betting site has declared Joe Biden the winner and is paying out punters already.
November 5, 2020 2:21pm.
Donald Trump has declared himself the winner of the 2020 presidential election and called for "all voting to stop" in remarks delivered live from the White House on .
Donald Trump has declared himself the winner of the 2020 presidential election and called for "all voting to stop" in remarks delivered live from the White House on election night.
The betting agencies are providing huge clues about the election result. Picture: Michael Ciaglo/Getty Images/AFP Source:AFP.
A bookmaker has declared a Joe Biden victory, already paying out on bets for him to become the next US President.
Sportsbet tweeted the announcement just after 11am Australian time, even though the election is yet to be officially called by anyone.
The betting agency has paid out $23 million on election bets, but says it is still taking bets on who will win the presidential race.
The betting site had Biden at $1.10 and Trump at $6.50 but odds has been shifting dramatically over the past 48 hours.
Just yesterday afternoon, there was a huge swing to Trump, whose odds plummeted to a narrow $1.22.
But this morning, things wildy swung back in favour of Biden as the race narrows in key battleground states.
This is how Australian bookies were tracking this morning. Basically, it means for every $1 you put on that candidate, you would get the below in return if they win.
HERE ARE THE LATEST ODDS AT 2:30PM:
Scroll below to see how they compared to last night.
Joe Biden is firming up in betting odds to become the next president as polls close in the US election. Picture: Jim Watson/AFP Source:AFP.
In 2016, Trump was $2.35 before markets closed ahead of the election.
Biden??™s highest price was $26 in February this year.
The US election has been so popular for TAB that it will hold more money for the historical event than the AFL or NRL Grand Finals and it??™s the same situation for Sportsbet.
RECORD BREAKING BET.
Over in the UK, a British businessman is so confident Trump will win that he has placed a record breaking bet on the president staying in the White House.
The mystery former banker used private bookies registered in the Caribbean to place a bet of $5 million ($A6.97m), with odds of 37/20, on Trump??™s win, according to The Sun .
If he is successful, the businessman could be taking home almost $15 million ($A20.9m).
A betting industry source told the publication the bet was believed to be ???the biggest ever made on politics???.
While most indicators predict a Biden victory, if 2016 taught us anything, it??™s that there??™s no such thing as a shoo-in.
There has been a huge rush in bets on the US election, providing some major clues about what to expect from one of the most crucial votes in recent history when it comes to the polls ??“ and the betting agencies.
WHAT DID THE POLLS SAY?
On election eve in the US, there had been a flurry of last-minute polling, with the Des Moines Register poll showing Trump beating Biden 48 per cent to 41 in Iowa ??“ a massive swing from its previous survey, which had the race tied.
A poll of New Mexico from The Albuquerque Journal , which showed Mr Biden winning 54-42, was in line with the conventional wisdom that New Mexico was a little too Democrat-leaning these days to be considered a proper swing state.
The latest batch of New York Times /Siena polls covered four different states. Those polls showed Biden up 49-43 in Arizona, 52-41 in Wisconsin, 47-44 in Florida and 49-43 in Pennsylvania.
An EPIC-MRA poll of Michigan had the Democrat leading 48-41. Another, conducted by St Pete, showed him winning Florida by a razor-thin 49-48 margin. And finally, a pair of ABC News/ Washington Post surveys had Biden up 51-44 in Pennsylvania, but Trump winning Florida 50-48.
The odds are in Joe Biden??™s favour. Picture: Drew Angerer/Getty Images/AFP Source:AFP.
WHAT ARE THE ODDS?
Democratic hopeful Joe Biden has been the clear favourite across the major betting sites in the lead-up to the election.
But as the vote continued into the night, odds switched back in favour of Donald Trump.
Many believe betting odds offer a more accurate election prediction than polls, as people have invested their own hard-earned cash in the outcome.
These were the odds according to some of the major betting agencies, as of November 4 at 6.30pm, so you can see how much they??™ve shifted.
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