2024 Presidential Live Betting Guide: How to Bet on the Race

Politics betting has become increasingly popular over the last few elections. We expect plenty of popularity with the battle between Kamala Harris and Donald Trump in 2024.

Trump is the current -180 favorite to become President for the second time, but those odds are guaranteed to change throughout election night, and it adds plenty of excitement to the broadcast.

Live Betting the Election

How Does Live Betting on Elections Work?

2024 Presidential election betting is available all the way up to election day, and that’s when live betting kicks in. As the votes are counted, the live betting odds will change, and it will be an ever-changing market.

The swing states will largely determine odds changes, and if one candidate wins a swing state early, bettors should expect to see their odds firm considerably. However, as is the nature with live betting on politics, things can change quickly.

The most popular live betting market for bettors is the election winner. That’s where the majority of money has been placed, and odds will change as each state’s winner is declared.

The market only closes when the result is final, and we recommend paying attention to live count updates before placing a bet. Election counts can change quickly, so although live betting odds are a good guide, they’re not an exact reflection on projected vote counts.

It’s easy to bet on US politics, and live betting adds to the excitement. Election night is arguably more exciting than the Super Bowl, and weighing up which states are going to Harris and Trump makes live betting a must-see event.

What are Advantages and Risks of Live Betting the Election?

The advantages of live betting the election include value odds and getting the best odds at the right time.

With everything live betting, the market fluctuations are what produce value. For example, if Trump takes an early lead in the voting, his odds will shorten. However, Harris could win the important states and bettors would get her at longer odds.

Because the election is a drawn-out process, there will be ample opportunity for bettors to get involved. You can tune into the coverage after an hour or so and still place a wager, and the candidate you think will win could be at juicy odds.

Those are the benefits of live betting, especially when the swing states are counted later in the night. They will determine the winner, so even if one candidate is well ahead, they could lose Pennsylvania and other swing states, which would see a big shift with 2024 Presidential election betting odds.

There are risks with any wager placed at our BetUS sportsbook, so we always advise to gamble responsibly. Due to the volatility of betting on the US election, just because someone is paying short odds to win, it doesn’t mean they’re guaranteed to win the election.

Odds are merely a guide and prediction to what’s going to happen, so don’t take the odds as fact. Trump was at extremely short odds in 2020 live betting markets, with Joe Biden all but written off. However, as we know, Biden won and punters who lumped into Trump at short odds with parlays were burnt.

There is always the risk of a comeback, especially when the market is dependent on individual state results. It’s akin to being 20 points down in the fourth quarter of an NFL game; it’s likely that the team ahead wins, and their odds are short, but it’s not over until the final whistle.

What are the Best Platforms for Live Election Betting?

BetUS is a great platform for 2024 Presidential Election betting, and we have covered the election for the entire year.

Our finger has been on the pulse of what’s happening around the US, and our odds are reflective of what’s happening in the political world.

The odds will be updated frequently on election night, and non-live markets are available right up until the count starts. Therefore, there is still plenty of time to get involved with the hundreds of markets available.

There isn’t a need to watch live election coverage when it comes to online betting for the US election. Our odds will reflect the updated vote counts, and bettors will be able to see which way the voting is going.

For updated voting counts, bettors should visit their most-trusted news provider. The counts on these sites are accurate. So, it pays to look at them before placing a live bet on the election.

How do Odds Shift During Live Betting?

Live betting on the US election is a dynamic process where odds shift rapidly as new information becomes available in real-time. These fluctuations are influenced by various factors, ranging from exit polls and voting results.

One of the most immediate impacts on live betting odds is the release of exit polls and early returns. As the votes start being counted, betting markets adjust based on how different states and regions are performing relative to expectations.

For example, if a swing state like Florida starts reporting higher-than-expected votes for a candidate, the odds may shift in that candidate’s favor. Similarly, an unexpected turnout in a battleground state can cause rapid changes.

US elections often come down to a few crucial swing states like Pennsylvania, Michigan and Arizona. Betting odds are highly sensitive to developments in these areas. If one candidate starts leading in a must-win swing state, the odds will swing dramatically in their favor.

Lastly, when live betting the election, odds are shaped by market reactions to how other bettors are placing their wagers. If there is a sudden influx of bets on one candidate, it could trigger a shift in the odds as bookmakers adjust to balance their risk.

Place your bet on 2024 Presidential Election here at BetUS Sportsbook! 

Question Of The Day

Odds and information are accurate at the time of writing. Please check with official sources for the latest updates before placing any bets.