Odds Value Shifts to Dems in US Presidential Race

Kamala Harris is officially favored to become the first female President of the United States for the upcoming political events betting odds.

The vice president and presumed Democratic Presidential candidate is a -110 favorite against Republican nominee Donald Trump and has flipped the race for the White House on its head.

Political . Presidential Election . November 5th, 2024 | United States

Pick Kamala -110

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Harris, who took over for Joe Biden on July 21, has surged in polling and leads Trump in just about every major poll that has been reported. Still, she and Trump are currently about a coin flip even though her upcoming political events betting odds are likely to keep shortening.

Pick: Kamala Harris President (-110)

Upcoming Political Events Betting Odds

Harris has surged to the top of both polls and betting markets since she was endorsed by Biden after the 81-year-old pulled out of the election late last month. When she took the Democratic nomination, Trump had -400 odds of winning, which had an implied probability of 80%.

But Trump is the underdog according to election betting odds after Harris has energized Democrats and two of their marquee voting blocs: women and people of color.

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Harris’ ascent to the top of the leader board coincides with her announcement of Tim Walz as her running mate. The 60-year-old Minnesota governor, who has reportedly never lost an election, was announced as Harris’ potential VP successor at an event in Philadelphia on Tuesday for the politics predictions.

US Politics Betting Trends

• The incumbent party has lost the past two Presidential elections.
• Democrats have lost the popular vote in only one of the past eight Presidential elections.
• A candidate has won the popular vote and lost the election five times in U.S. history and twice in the 2000s (2000, 2016)

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Upcoming Political Events Betting Picks

Kamala Harris wins Presidential Election (-110)

Trump and the GOP have been unable to land any sort of barbs at Harris, and at this point, they are in danger of falling further behind in the race. Most polls have Harris with about a four-point lead underdog Trump among likely voters, which is nearly identical to Biden’s 4.5-point edge in the popular vote four years ago.

Still, if politics prop-betting odds are to be believed, Harris could win the White House without needing to claim Arizona, Nevada and Georgia, which Biden did four years ago, as long as she claimed Pennsylvania and Michigan. Although Trump is ahead of Harris in polls in both states, sportsbooks give the Democrats -130 odds to claim both the Keystone State and the Great Lakes State.

Still, the upcoming political events betting odds for Harris are likely to keep improving with the Democratic National Committee convention about to take centerstage.

Candidates universally get a bump from the convention, which is a veritable PR campaign for the candidate, and Trump’s post-RNC convention odds were -400 against Biden.

Harris and Walz still need to align on policy, and there’s ample time for Trump to rally, but Harris and the Dems currently have all the momentum, and the line movement reflects that.