Vice President Kamala Harris has seen a marginal increase or retained her position in the betting odds for the 2024 Presidential election. Post-debate polling in battleground states like Pennsylvania showed Harris with a slight lead over former President Donald Trump. Offshore betting houses have shown Harris leading, while U.S. bookmakers cannot legally take action on political bets. Trump has backed out of further debates with Harris after a decisive loss in Philadelphia.
Compared to previous elections, Harris has had the narrowest lead over Trump of any recent Democratic nominee at both the 50 and 75 days until the election. At the 50-day mark, Harris was favored over Trump at -110 to +116. This is a tighter margin compared to the 2020 election, where Biden had longer odds against Trump. At the 75-day mark, Harris had a narrower lead compared to previous Democratic challengers, including Hillary Clinton in 2016.
In the past three elections, including the current 2024 race, there have been fluctuations in the betting odds as the election draws closer. Trump won the 2016 race, despite being the betting underdog, marking the second time a betting underdog has won the White House. Harris’ lead over Trump in the current election suggests a competitive race ahead.
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