Vegas Presidential Odds
- Article updated on April 26th, 2023
- Odds updated on April 26th, 2023
The 2020 US Election was one of the most hotly contested in the history of the United States. Joe Biden won the vote and formally started his new job at the beginning of 2021. However, the election wasn’t without its drama, as outgoing president Donald Trump vowed to fight the result and he claimed that he was the winner, despite the polls showing the opposite.
Anticipation will now rise ahead of the next election in 2024, with many questions already hanging over whether Joe Biden will get a second term, and whether Trump will return as the Republican candidate.
Online Markets for US Presidential Online Betting Odds
| Presidential Candidate | Vegas Odds |
|---|---|
| Donald Trump Sr | -215 |
| Ron De Santis | +215 |
| Nikki Haley | +2200 |
| Tim Scott | +2800 |
| Tucker Carlson | +3300 |
| Mike Pences | +4000 |
| Vivek Ramaswamy | +4000 |
| Chris Christie | +5000 |
| Glenn Youngkin | +6000 |
| Ted Cruz | +7500 |
| Kristi Noem | +7500 |
| Josh Hawley | +10000 |
| Kanye West | +10000 |
| Tulsi Gabbard | +10000 |
| Larry Elder | +10000 |
| Ivanka Trump | +12500 |
| Marco Rubio | +12500 |
| Liz Cheney | +12500 |
| Greg Abbott | +12500 |
| Kim Reynolds | +12500 |
| Donald Trump Jr | +15000 |
| Candace Owens | +15000 |
| Mitt Romney | +15000 |
| Ben Carson | +20000 |
| Paul Ryan | +20000 |
| Tom Cotton | +25000 |
| Rick Scott | +25000 |
| Elon Musk | +25000 |
| Dan Crenshaw | +30000 |
| Rand Paul | +30000 |
| Rick Perry | +40000 |
| Joni Ernst | +40000 |
| Steve Bannon | +50000 |
| Eric Trump | +50000 |
| Lindsay Graham | +50000 |
| Lisa Murkowski | +100000 |
| Susan Collins | +100000 |
| Condoleeza Rice | +100000 |
| Ben Shapiro | +100000 |
Online Markets For Democratic Nominee
Before the race for the White House is stepped up a gear, it must be decided who will be running for the Democratic party. Betting markets for the Democratic nominee for the 2024 Election have already opened, with President Joe Biden the overwhelming favorite to continue to lead the party into 2024 and possibly beyond.
| Democratic Nominee | Vegas Odds |
|---|---|
| Joe Biden | -1500 |
| Kamala Harris | +1100 |
| Michelle Obama | +1600 |
| Gavin Newsom | +2200 |
| Robert F Kennedy Jr | +2500 |
| Pete Buttigieg | +3500 |
| Hillary Clinton | +3500 |
| Gretchen Whitmer | +4000 |
| Bernie Sanders | +7500 |
Current Vegas Presidential Odds
Those gamblers looking to find Vegas Odds for the or previous elections will be left disappointed.
It is illegal for sports with licenses in the US to offer odds.
That is why none of the leading sportsbooks in Las Vegas have been able to offer odds on US Elections.
An Alternative to ‘Las Vegas’ Odds
That is why the majority of online bookmakers, otherwise known as ‘offshore sportsbooks‘ are the way forward for those looking to bet on the 2024 Election. Offshore simply means that the payment processing happens offshore, meaning players from the majority of US states can still bet on things with zero malicious intent such as who they believe will win an election.
Offshore Sportsbooks for Political Betting
Why Vegas Odds on the US Election Are Illegal
There are a number of reasons why betting on Presidential elections is illegal in the States. One of the main reasons links back to the Black Sox Scandal in 1919. The law is there to ensure the integrity of democracy. Meanwhile, there was also a fear that betting on elections could also have a negative impact on the number of voters that turned out.
The odds are expected to change regularly as Election night draws closer. There was an example of that in the election in 2020, as the for Biden surged. Biden was the clear -190 favorite in the political betting market with , while Bovada also offered the same price for the Democratic candidate from Delaware. Donald Trump, like in the 2016 election, was the outsider to be re-elected, as he was priced at +162 with BetOnline.ag.
However, the odds online are slightly different depending on the bookmaker, with Betway pricing Biden as the favorite but at a slightly different price at the same time. Betway offered -167 for Biden to win the election, but the odds did suggest it could be closer as Trump was priced at +115. initially expected it to be much closer than and BetOnline.ag, as they have both had Trump and Biden valued at -115 at open, but that changed to -200 and -182 for Biden and Trump, respectively.
Where Will The Election Be Won?
The US Election doesn’t always mean getting the most amount of votes; instead, it comes down to the States that you manage to win. The winning candidate will need to get at least 279 electoral college votes to win, with 538 in total up for grabs. Most States vote the same way for every election, but there are some that can go either way; these are called battleground States.
There are 14 different battleground States, which turned out to be the decisive factor for Trump back in 2016. Once again, the battleground states will be vitally important in 2024.
Have The Odds Been Accurate In The Past?
The 2024 election will be unlike anything that we have seen before, and the main reason for that is that it is unpredictable. The polls have been wrong on numerous occasions over the past couple of years, which has meant that the odds have counted for very little. The year that Trump won the election, there were two examples that the polls aren’t always accurate, one of which is the Trump election and the other being the United Kingdom voting to leave the European Union.
Back in 2016, Trump was given just a 50% chance of winning the election on the 3rd November, which was just five days before Americans went to the polls. The unpredictability of the 2016 election meant that huge wagers were placed on both Trump and Clinton, with one gambler from London putting over $200,000 on the eventual winner.
One bookmaker revealed that the number of bets put on the election in 2016 exceeded the wagers that were put on other significant events such as the EU referendum, the European Championships and the Epsom Derby.
The odds were slightly more accurate in 2020, as Biden won the election after being a favorite. However, the current president was considered an outsider for election just 12 months before the country went to vote. Therefore, it is important to examine the markets regularly before making a wager on the 2024 US Election.
