Believe it or not, another presidential election in the United States is fast approaching, as November of 2024 is just a year and a half away. With presidential campaigns ramping up, election betting odds are popping 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 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, indications are that we will 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 | +115 |
Joe Biden | +200 |
Gavin Newsom | +700 |
Nikki Haley | +700 |
Robert F. Kennedy Jr. | +1800 |
Michelle Obama | +1800 |
Ron DeSantis | +3300 |
Kamala Harris | +3300 |
Vivek Ramaswamy | +5000 |
Presidential Election Analysis
As you can see from the odds listed above, we could be in for another Biden vs Trump slugfest for the White House in 2024. Is it depressing that we as a nation cannot come up with any better options than two men above the age of 75? Absolutely, but that is where we are as a society for better or worse, so bettors may as well try and make some money off of the circus over the next 12 months or so.
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, the potential for a change in the party in charge in 2024 has put Trump on top of the list. But Biden is well within striking distance, as both likely combatants are at plus prices with plenty of time to decide things between them and the rest of the competition.
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. Joe Biden is facing a bunch of criticism from all angles. Both are old enough to where their ability to complete another presidential term is a legitimate question mark. And who knows if they will put us through debates against one another this time around, which could change the odds drastically in one direction or the other.
Again, it’s astounding that this is the best we can do as a nation, but bettors can get either man at plus money for now.