Latest betting odds for general election results
Understanding Election Betting Odds Just like a sporting event, presidential betting odds are set to reflect the likelihood an outcome occurs as well as where the betting public is putting its money.If bookmakers view a candidate is unlikely to win, they will see long odds.Conversely, the favorites' odds will be much shorter.
Betting on the 2024 presidential election winner is perhaps the most straightforward way to wager.Betting sites assign lines to every candidate, and a bettor wins if his or her choice gets elected.President Biden, who is essentially guaranteed his party's nomination, is an early favorite, as is his vice president, Kamala Harris, because of Biden's age and a belief he might serve only one term.Until the Republicans settle on a nominee, top contenders such as Donald Trump, who has floated the idea of running again; his vice president, Mike Pence; the Trump children; and a coterie of others all have longer odds.
Those will shift as that field comes into better focus.Betting who will win the Republican nomination is also a popular politics gambling market.Since these wagers are only on who will face Biden (assuming he is running for a second term) regardless if they go on to win the presidency the odds are significantly shorter.Unlike sporting events, where a line is set for a game that will come in the next day or week, political election odds are set years ahead of an election.A candidate could start with long odds, see those slashed, then see them rise again possibly multiple times in the span of a month.
The race for the presidency also sees candidates end their campaigns entirely, even some that were viewed favorably by bookmakers.Check OUT: The Latest Key Senate Race Odds How Election Betting Works.S.Presidential betting (and most politics betting in general) is similar to a futures bet such as a wager on which team will win the Super Bowl or finish with the best record in the NBA, though a sports.That's why it's important to follow m for not just the latest odds, but what key performance indicators might mean for.S.Presidential bettors going forward.Things to Watch For When Betting on the US Election A novice sports bettor knows wins and losses alter odds, but a sharp bettor follows injuries, transfers and a host of other developments that can impact a team's performance.