As the 2024 United States presidential election nears, the presidential election odds are becoming a hot topic, especially in places like Canada where some of the best Canadian sportsbooks are active with numerous election betting options. If you’re looking to bet on the next US president or delve into other election odds, there’s plenty to explore. Sites like Bet365 feature detailed politics odds, including US president odds, next vice president odds, and broader US election betting opportunities.
This upcoming election, set for November 5, 2024, marks the first presidential rematch since 1956 with incumbent Democrat Joe Biden facing his predecessor, Republican Donald Trump. This contest is steeped in historical significance, stemming from Trump’s disputed claims about the 2020 election results and the infamous January 6th Capitol attack, all of which adds an extra layer of intrigue to the 2024 U.S. presidential election odds.
Both Biden and Trump are leading their respective parties and have amassed a significant number of delegates as of March 12. Their nominations are expected to be formally confirmed at their party conventions soon. Adding to the mix is Robert F. Kennedy Jr., who is rising as a prominent third-party candidate, reminiscent of Ross Perot’s campaigns in the early 1990s.
With stakes high in the presidency and key positions in the Senate, House, and state offices also up for election, the betting markets are abuzz. Whether you’re interested in predicting the overall winner or the outcomes of specific races, scroll down to learn more about betting on the 2024 U.S. Presidential Election in Canada.
Vice Presidential Candidate Odds for 2024 US Election
As the 2024 presidential election approaches, potentially featuring a rematch between Donald Trump and Joe Biden, attention is increasingly focused on Trump’s selection for a running mate. Unlike typical election cycles, where candidates are often selected to balance the ticket, Trump’s choices seem driven by personal loyalty and fundraising capabilities, making this an essential consideration for those betting on potential vice-presidential nominees.
Donald Trump is known for his unconventional picks, as evidenced in 2016 when he selected Mike Pence for his conservative credentials and governing experience, which starkly contrasted with Trump’s more flamboyant style. However, their relationship deteriorated when Pence did not support Trump’s attempts to contest the 2020 election results.
Now, with Trump wielding full control over the GOP, he has the liberty to choose anyone he prefers, focusing particularly on loyalty and fundraising skills. While the exact timing of his announcement remains unclear—he revealed his previous running mate in July 2016—he’s currently teasing potential choices and has also started eliminating some candidates.
Betting markets and political analysts are closely monitoring this process. Tim Scott, as the +400 favorite, represents a strong potential pick, known for his optimistic demeanor and contrast to Trump’s style.
Trump’s VP Pick:
Tim Scott
+400
Following closely is Tulsi Gabbard at +450, whose bipartisan appeal and media savvy make her a strong contender. Kristi Noem at +800 and J.D. Vance at +1000 are also in the mix, each bringing distinct qualities to the table—Noem with her firm conservative values and Vance with his direct appeal to the MAGA base. Ben Carson, though a longer shot at +1050, and Elise Stefanik at +1100, are not to be overlooked, with each having unique attributes that could sway Trump’s decision.
For bettors, Trump’s unpredictable decision-making adds a layer of intrigue and risk to the betting landscape. His history suggests that personal loyalty and fundraising ability will be key factors in his choice, offering a strategic angle for those trying to predict his next vice-presidential nominee.
Winner of 2024 US Presidential Election Odds
Looking ahead to the 2024 U.S. presidential election, the race is heating up with some familiar faces. President Joe Biden, despite initial doubts about his age and popularity, is running for re-election with Vice President Kamala Harris by his side. They announced their campaign on April 25, 2023, pushing forward despite Biden’s mixed approval ratings—currently at about 41% approval versus 55% disapproval.
In the Democratic primaries, Biden saw challenges from figures like Marianne Williamson and Robert F. Kennedy Jr. Kennedy, however, opted to continue his political journey as an independent. Another Democratic hopeful, Representative Dean Phillips, ended his campaign after a lackluster performance on Super Tuesday.
Over in the Republican camp, former President Donald Trump is back in the fray, seeking a second non-consecutive term. Despite various legal challenges and controversies, he has positioned himself as the early frontrunner. His main Republican rival was Florida Governor Ron DeSantis, who has since withdrawn and endorsed Trump.
Next U.S. President:
Donald Trump
+110
Next U.S. President:
Joe Biden
+115
Also in the mix are third-party and independent candidates, including environmental lawyer Robert F. Kennedy Jr., now an independent, and Cornel West, who also chose the independent path after initial third-party affiliations.
As for betting odds in this political landscape, Trump is currently the favorite with odds at +110, closely followed by Biden at +115. Looking at potential dark horses, both former first lady Michelle Obama and Robert Kennedy Jr. are long shots, each sitting at +1600.
These odds offer a snapshot of current sentiments and expected performances, reflecting both public opinion and historical trends. Betting markets often see third-party candidates faring better in polls than in actual election results, so their true odds of success might be less optimistic than the numbers suggest.
Winning Party of the 2024 US Presidential Election Odds
Understanding the shifting dynamics of U.S. presidential elections is fascinating, especially if you’re placing bets on the outcome. Swing states like Wisconsin, Michigan, Pennsylvania, Nevada, Arizona, and Georgia often determine the winner, making them crucial in betting strategies. North Carolina also draws attention due to its tight races.
As demographics evolve, some states have become more predictable. For instance, Iowa, Ohio, and Florida are tilting towards Republicans, while Colorado, New Mexico, and Virginia are increasingly Democratic. These trends can significantly influence betting odds by indicating which states might be key battlegrounds.
In terms of betting, the Democrats are currently slight favorites to win the presidency at odds of -115, despite Donald Trump being a popular individual betting choice over recent months. The Republicans are not far behind at -105, making them slight underdogs. There’s also an outside chance for a third-party candidate, standing at 25-1 odds.
Party to Win Next U.S. Election:
Democrats
-115
Party to Win Next U.S. Election:
Republicans
-105
This creates an interesting paradox where Trump is a favorite for many bettors, yet the overall betting market leans slightly towards the Democrats. This discrepancy suggests a nuanced, perhaps inefficient betting market that doesn’t fully align with individual candidate popularity versus overall party strength.
Key voter demographics also play a significant role. The Democratic base typically does well among urban, educated Whites and minority groups, while the Republican base is stronger among rural Whites, evangelicals, and older voters. Keeping an eye on these groups can offer insights into how different states are likely to vote.
Additionally, pivotal issues like abortion access and immigration are becoming increasingly important. Recent court rulings and policy shifts have made these topics central to voter decision-making and could sway key states.
For those betting on the next president, understanding these electoral dynamics, demographic shifts, and central issues is crucial. It’s not just about which candidate wins more states, but understanding the unique electoral landscape of each state that will ultimately decide the presidency.
Gender of Next Presidential Election Winner
In the betting world, the odds strongly suggest that the next U.S. president is likely to be male, with current odds standing at -5000. Conversely, the likelihood of a female president being elected is less certain, evidenced by the odds of +1200. Among potential female candidates, former first lady Michelle Obama is seen as a relatively strong contender with odds of +1600. Other notable figures include current Vice President Kamala Harris at +3300, former governor of South Carolina Nikki Haley at +5000, and current Michigan governor Gretchen Whitmer at +7000. More distant possibilities feature U.S. Senator Elizabeth Warren along with former first lady and 2016 Democratic Party Presidential nominee Hillary Clinton, both positioned at +15,000, as well as U.S. Senator Amy Klobuchar trailing with odds of +25,000.
This forecast aligns with public sentiment, as indicated by various polls. A Pew Research Center survey reveals only about 25% of U.S. adults are confident that America will elect a female president in their lifetime, with 49% considering it somewhat likely, and 26% expressing skepticism about it occurring soon. Additionally, a USA Today/Suffolk University poll finds that 55% of voters do not regard gender as crucial in choosing a president; however, among those who do, 28% prefer a male over just 12% for a female. This preference for a male president is especially pronounced among Republican voters, with 50% desiring a male leader compared to a mere 2% who favor a female.
While the overall tendency leans towards a male president, the political landscape could shift, and there is a window of opportunity for female candidates to rise, depending on the dynamics of the upcoming election cycle. Therefore, while male candidates are currently favored, the race remains open, making the gender of the next president a compelling point of speculation for bettors.
How To Bet On The US Presidential Election in Canada
Betting on the US presidential election is quite popular in Canada, and here’s how you can get involved:
Firstly, several reputable online sportsbooks in Canada provide a platform to bet on various aspects of the US presidential election. Notable options include Sports Interaction, TonyBet, bet99, and BetVictor. These platforms offer a range of betting markets, such as who will win the election, the electoral college outcomes, control of the Senate and House, and even specific predictions like voter turnout rates.
When you sign up, you can often benefit from welcome bonuses and other promotions, which can add extra value to your initial bets.
It’s important to remember that while betting on politics is perfectly legal in Canada, it’s not allowed in the United States. Therefore, these betting sites are off-limits to US residents.
To get started, simply pick one of the most trusted Canadian betting sites that offer odds on the US election, create an account, deposit some funds, and then place your bet on the candidate or outcome you believe will come out on top.
Overall, Canadians have the opportunity to engage in betting on the 2024 US presidential election legally through these online platforms. Just make sure to compare the odds and promotional offers across different sites to ensure the best possible deal.
US Election Odds FAQ
Yes, it is legal to bet on the US presidential election in Canada. Even some government-run lottery corporations, such as Loto-Québec, BCLC, and the Atlantic Lottery Corporation, offer opportunities to wager on the outcomes of these elections.
In Canada, you can place a variety of bets on the US presidential election. These include predicting the winners of the Democratic and Republican nominations, determining which party will win the election, and betting on who will become the next US president.
The odds and potential payouts for betting on the US presidential election can vary. For example in 2016, a past bet might have offered odds of 1.75 for a candidate like Clinton, meaning you would win $1 for every $1.75 bet if she won. In contrast, a candidate like Trump might have had odds of 3.75, offering a higher payout of $3.75 for every $1 bet if he won.
The odds and betting markets for the US election in Canada change over time, influenced by new information and events as the election day approaches. This fluid nature of the odds reflects the dynamic political landscape.
While there is no direct comparison available between the popularity of political betting and sports betting in Canada, the introduction of US election betting by government-run lotteries indicates a growing interest in this area.
