Democratic presidential nominee Vice President Kamala Harris continues to maintain a narrow lead over Republican nominee former President Donald Trump as the betting favorite to win the White House. The odds have remained steady in Harris’ favor, with bookmakers like Bet365 showing her in the lead at -125 compared to Trump at even money. The Democratic National Convention, set to begin on Monday, could potentially provide Harris with a final boost before the intense final stretch of the campaign.
Historically, the betting favorite has only lost twice since 1866, with Harry Truman in 1948 and Trump in 2016 being the two major upsets. In the 2020 race, Joe Biden was the favorite according to Oddscheker from May through November. The odds for the 2024 presidential election are currently showing Harris as the favorite across various bookmakers.
Despite the uncertainty of election outcomes, betting odds have proven to be a reliable indicator in the past. The Conversation, a nonprofit news organization, reported that the favorite has only lost twice in presidential elections since 1866. With the Democratic National Convention set to kick off, Harris remains in the lead as the betting favorite for the upcoming election.
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