2024 is a very exciting year for many reasons, one of which is the upcoming US presidential election. After seeing EURO 2024 and Paris 2024, people can’t wait to see who will become the next US president.
Speaking of elections, Nostrabet.com has decided to provide you with a detailed 2024 US presidential election betting guide. “The battle between Donald Trump and Kamala Harris will be followed by people from all over the world. Some of you may be surprised, but the presidential elections also have fans among online bookmakers because many of them will allow clients to place bets. With that said, you need to know what you are doing, so it’s time to see a few key aspects”, said Kristiyan from NB.
The 2024 US presidential election is scheduled for November 5, 2024. Donald Trump from the Republican Party and Kamala Harris from the Democratic Party will compete in the 60th quadrennial presidential election. Needless to say, there were tons of controversies over these elections, and it’s safe to say that everyone is eager to see what will happen.
With that out of the way, let’s see what you should keep in mind before placing any bets.
2024 US Presidential Elections – How To Bet On It
Prior to placing bets in the US, you need to be aware of a couple of things. Perhaps the most important one is that you probably won’t be able to wager on this election if you choose bookies that operate within the US. Even though the laws in many States have changed, wagering in political events is not allowed.
Fortunately, you can choose many other operators that will let you do that. Once you find a brand that offers enough options, you have to do the following:
- Register with the given bookie.
- Deposit so you have enough funds to place a bet.
- Go to the sports section, find the politics submenu, and check all of the Trump vs Harris options.
- After adding one or more alternatives to your bet slip, add the amount you wish to wager with.
- Place your bet.
Even though it might be possible to find live betting options, the 2024 US presidential elections will usually only offer pre-match markets. We are about to cover the most popular ones, but it’s possible to find other alternatives in the future.
2024 US Presidential Election Betting Markets
Before getting more information about the two candidates, it’s important to get to know all the markets for the 2024 US presidential election. Their number will depend on the bookmaker you choose because certain brands have more alternatives. Fortunately, the options you are about to see should be present on most websites.
Winner
This is the betting market where you have to wager on the winner of the Kamala Harris vs Donald Trump matchup. What’s interesting here is that some bookmakers will offer more options than these two. For example, you can wager on J.D. Vance, Michelle Obama, Tim Walz, and more.
The odds for the two leading candidates will change as we approach the election date. As you know, a TV debate between the two affected the odds, and we wouldn’t be surprised if there is another one in the near future.
Winning Party
This market is very similar to the previous one, but you have to choose the winning party. Unlike other countries, the US usually only offers two options – Democrats and Republicans. Some bookies, however, will also include “Independent” as an option.
To Win State
When discussing the 2024 US presidential election, bookies will also allow you to wager on what will happen in each state. There are two possible options here:
- You can bet on the party that will win the given state
- Bookies may allow you to wager on the candidate that will win the given state
These markets are very interesting because the odds for some of them are very competitive.
Popular Vote Winner
Another typical US presidential elections market that you will come across is related to the popular vote. We have seen cases over the years where certain candidates win this vote, but they end up losing the election. Due to how the elections work in the US, some parts have more “weight” than others and have a big impact on the results.
Electoral College Votes
The Electoral College Votes is an interesting system that works in the USA. The idea here is that there are a total of 538 electors divided between the different states. The number of electors that each state has depends on its population and size. For example, California is the largest one with a total of 55 electors, whereas Wyoming is among the smallest states and only has 3 votes.
In order for one of the candidates to win, the person needs to get at least 270 votes. Due to how it works, bookmakers will usually offer the Over/Under market here, so expect to find good odds.
Donald Trump vs Kamala Harris Debate – The Results
Unlike some other countries, the US is a place where the two candidates for president take part in debates. What’s interesting is that Donald Trump already had one earlier this year when he faced Joe Biden. However, Biden decided he won’t participate in the upcoming elections.
Following this decision, it became clear that Kamala Harris would be the one to go up against Donald Trump. The debate between Trump and Harris was hosted by ABC News and had close to 67.1M viewers. Even though the results were questionable, it seems like most polls agree that Harris won the debate. This is one of the reasons why bookies also consider her to be the favourite in the election.
Speaking of the odds for the winner, sites such as Betano give 1.70 for Kamala Harris and 2.10 for Donald Trump (the odds may change in the future). Besides the debate itself, some experts believe that Taylor Swift’s endorsement also affected the debate and boosted Harris’s popularity.
A future debate
Following what happened at the Harris vs Trump debate, a lot of people are expecting to see another one. It seems like the Democrats and Harris are happy to have another debate, whereas Trump’s camp is not so enthusiastic. In fact, Trump said that Harris only wanted to have another debate because she had lost the first one.
We’re not sure whether there will be another debate in the future, but people are expecting the vice-presidential debate. Tim Walz and J.D. Vance will go head to head on October 1, and we expect to see changes in the odds after that.
Things To Consider Before Wagering on the US 2024 Presidential Elections
The debates and markets are just some of the key aspects you should be aware of before the presidential elections. There are a few other vital things that you also need to take into account.
The Swing States
If you are interested in American politics, you know that some states will always vote for a given party’s candidate. Others, however, are not like that, meaning that you never know what will happen. These states are often called swing states and are very important for the US presidential election.
If we take a look at the 2020 elections, Biden won 5 swing states, such as Georgia, Pennsylvania, and Arizona. Even though we do not know whether they will be the swing states again, this is probably going to be the case.
Bonuses
Wagering on politics is not the go-to option for most sports bettors, so bookies almost never have bonuses for those things. However, the US presidential elections are very popular, even among people who don’t like politics. As a result, it is possible to come across different types of promotions for this event.
We have seen things such as odds boosts and cashback for some political events before, but it all depends on the operator. Keep in mind that some brands might wait a bit longer until they offer such propositions because presidential elections will occur in November.
Keep up with the latest information
Considering the importance of the US presidential elections, it’s no surprise that there is tons of information about both candidates. You can find all sorts of things about Trump and Harris, and we recommend keeping an eye on everything new.
Since we are focusing on betting, every piece of information about one of the two candidates can impact the odds. We saw this when Biden decided not to participate in the upcoming elections because the odds for Trump dropped significantly.
2024 US Presidential Elections Odds FAQs
Will all bookmakers allow me to bet on the US presidential election in 2024?
No, some online bookmakers do not have any options for politics. You have to check whether this is available before registering.
How can one of the candidates win the 2024 elections?
To win the presidential elections in the US, one of the candidates must secure 270 electoral votes. As mentioned, every state has a specific number of votes that will go to one of the two. In 2020, Joe Biden got 306 votes and won the elections.
Will I be able to bet on other parties besides the Democrats and Republicans?
The answer here is yes, but it depends on the bookmaker. Generally speaking, these two parties are the biggest ones in the US, but they are not the only ones. It’s also possible to find candidates from the Natural Law Patty, Libertarian Party, Reform Party, and more.
Closing Thoughts
There’s still time until the 2024 US presidential elections, so it will be interesting to see what will happen. A second debate between Donald Trump and Kamala Harris will have a big impact on the odds, but it’s seems like we won’t be seeing it anytime soon. The elections themselves will take place on November 5, 2024, so stay tuned for more information.
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