Believe it or not, another presidential election in the United States is fast approaching, as November of 2024 is just a short while away. With presidential campaigns ramping up, election betting odds are up at many legal betting sites. Here, we look at the legal status of presidential election betting and what the landscape looks like going into Decision 2024.
Can I Bet On the 2024 Election?
Right now, election betting is not legal in the United States, as regulated sportsbooks do not offer markets on political outcomes. This is by and large a good idea, as bettors could be influenced to make their voting decisions based on their bets rather than voting based on who they think the best candidates are. But there is the ability to bet on the 2024 presidential election in Canada.
Ontario has legal sports betting sites that offer wagering on the upcoming presidential election. With Canadians unable to vote in US elections, there are no integrity concerns associated with betting on the upcoming election North of the border. That makes election betting a legal wagering option in a major jurisdiction, which makes election betting fascinating to talk about from a betting perspective.
Where to Bet On the 2024 Presidential Election
There are several legal sportsbooks available in Canada that offer wagering on the upcoming election. Below is a list of several legal Ontario sportsbooks that are accepting bets on the race for the White House.
| Ontario Sportsbook | Why We Like Them | Visit Now |
|---|---|---|
| BetMGM Ontario | King Of All Sportsbooks – Daily Lions Boosts | Visit Now |
| DraftKings Ontario | Best Selection Of Props & Mobile Betting App | Visit |
| Caesars Ontario | Most Popular & Well Known Brand | Visit |
| BetRivers Ontario | Best Loyalty Program | Visit |
2024 Presidential Election Odds
As far as the 2024 presidential election odds are concerned, we are no longer set to have a rematch of the 2020 election between Joe Biden and Donald Trump. Below is a list of the latest odds at the time of this writing.
| Candidate | Odds |
| Donald Trump | -200 |
| Kamala Harris | +185 |
| Michelle Obama | +2000 |
| Gretchen Whitmer | +10000 |
| Hillary Clinton | +10000 |
| Gavin Newsom | +12500 |
| Andy Beshear | +20000 |
| Josh Shapiro | +20000 |
| Pete Buttigieg | +20000 |
Presidential Election Analysis
As you can see from the odds listed above, Joe Biden is no longer on the list of odds to win the presidency. That is a product of him announcing that he would not be seeking re-election, opting to finish his term and bow out of the 2024 race. Instead, Kamala Harris is the favorite to represent the Democratic Party in the upcoming election, halving the number of geriatric candidates in this year’s race.
Meanwhile, Donald Trump has taken over as the favorite in election betting markets, as he is the clear favorite to claim the Republican nomination. With Biden struggling to gain approval during his first term in office, and the Dems in disarray in general, the potential for a change in the party in charge in 2024 has put Trump on top of the list. But nothing is decided as of yet, as who knows what will come out on both sides before November rolls around.
There are, of course, plenty of concerns surrounding both front runners for the highest office in the United States. Donald Trump is facing a bunch of legal issues after being convicted of 34 felony counts. Kamala Harris can at least string a sentence together, unlike the man to whom she has been Vice President, but she has never faced the scrutiny she is about to face either. It’s astounding that this is the best we can do as a nation, but bettors this is where we are and bettors have the chance to make money on whatever happens next.
