2024 US Election Betting Odds: Trump vs. Harris – Who’s Leading?

Max Harris
Author:
Published:
2024 US Election Betting Odds: Trump vs. Harris – Who’s Leading?
3 min

The 2024 U.S. presidential election is coming in hot, with betting odds buzzing as former President Donald Trump faces off against Vice President Kamala Harris.

Having a punt on an election result isn't anything new however. Betting on U.S. elections has a long history, dating back to the 19th century when political wagering was a common fixture, offering insight into public opinion long before modern polling became standard.

Let’s break down where the US Election odds stand.

icon of keyTakeawaysIcon

Key Takeaways

Current Betting Odds: Who’s the Favourite?

As of late October, betting platforms have shifted gears, leaning towards Trump as the likely winner:

The spread between the US election odds suggests that betting markets are quite confident in Trump’s edge, though the gap isn’t large enough to rule Harris out. In a race like this, numbers change fast, and even a minor event could see Harris’s odds leap.

What the Polls Say

Polling data adds another layer to the mix. According to FiveThirtyEight, Harris currently holds a slim national lead at 48.1% over Trump’s 46.7%. But RealClearPolitics shows a near tie, with Trump just 0.4% ahead. The take? Betting odds might favour Trump, but pollsters are hedging their bets on a close contest.

icon of infoBoxIcon

Swing States: Battleground for the Win

Swing states are where things get exciting. Betting odds reflect just how tight these regions are, as they often decide who takes the Oval Office:

These odds reveal just how razor-thin the margins are. For Trump and Harris, a win in any of these states could make or break their chances.

Factors Shaping the Odds

The Odds aren't coming out of the blue—they’re based on countless factors, from recent debates to economic shifts.

Economic indicators, like mortgage rates and inflation, play a role. For instance, falling gas prices and rising incomes could bolster Harris's position, while Trump’s hardline stances resonate with voters concerned about security and the economy.

Another player? Wall Street. Major investors are placing bets of their own by aligning portfolios with an expected Trump victory. Bitcoin, gold, and oil stocks have seen increased interest, suggesting that financial markets are reading the odds in Trump’s favour.

Betting Odds: A Reliable Forecast?

While betting odds offer a fascinating window into election outcomes, they’re not infallible. Case in point? The 2016 election, where odds heavily favoured Clinton, only for Trump to pull an upset. Plus, high-stakes bets from a few wealthy players can skew these numbers, which makes it essential for bettors to keep a healthy scepticism.

With Election Day fast approaching, both betting odds and polls show a nail-biter. Trump may be leading in the markets, but Harris is close behind. Betting on the election isn’t just about dollars—it’s about reading the pulse of a divided nation.

And as we’ve seen before, nothing’s set in stone.

icon of mailIcon icon of facebookMainIcon icon of twitterMainIcon
Back to overview
Max Harris
Max Harris Betting Expert
10 Articles 0 Reviews

Max is our resident sports betting expert. He brings over 15 years of experience as a sports betting authority to AusCasinos, giving readers the latest sports odds info and details of you to bet safely.

Read more about the author icon of arrowRightSmallIcon

Latest News

Last updated: 5 November 2024
auscasinos

This website is unavailable in Australia for legal reasons