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Betting on the presidential election has reached new heights in 2024.
An Associated Press post from last week said that more money will be wagered on the election than the Super Bowl this year.
Traditional bookmaker (not a predictive market) BetOnline.ag announced Monday that it will allow its customers to continue to bet on the election outcome throughout Election Day.
"We'll be monitoring the news, the vote counts, the analysts and everything in between Tuesday," BetOnline's political oddsmaker Paul Krishnamurty said. "Our odds will remain open and we'll be moving them based on the aforementioned information, as well as bets that come in and how they impact our liability."
Currently, 54.9% of the total money wagered (handle) is on former president Donald Trump. However, in terms of total bets placed (count), 58.1% of tickets are on Vice President Kamala Harris.
BetOnline said if the election ended right now and Harris won, the book would incur a low, seven-figure loss. If Trump won, it would win nearly a little less than seven figures.
While exact figures were not disclosed, BetOnline said that it has taken an eight-figure sum in terms of election year betting volume.
Here are the current election odds, which have shifted back toward Trump since our last update Saturday night:
2024 Presidential Election Winner
Donald Trump -160
Kamala Harris +140
(Odds imply a 61.5% probability Trump wins)
2024 Presidential Election Popular Vote Winner
Donald Trump +300
Kamala Harris -400
(Odds imply an 80% probability Harris wins)
And here are the latest battleground state numbers, as well as Iowa:
Arizona
Republicans -325
Democrats +250
(Odds imply a 76.5% probability state goes Red)
Georgia
Republicans -230
Democrats +190
(Odds imply a 69.7% probability state goes Red)
Michigan
Republicans +175
Democrats -215
(Odds imply a 68.3% probability state goes Blue)
Nevada
Republicans -165
Democrats +135
(Odds imply a 62.3% probability state goes Red)
North Carolina
Republicans -190
Democrats +155
(Odds imply a 65.5% probability state goes Red)
Pennsylvania
Republicans -125
Democrats -105
(Odds imply a 55.6% probability state goes Red)
Wisconsin
Republicans +125
Democrats -155
(Odds imply a 60.8% probability state goes Blue)
Iowa
Republicans -600
Democrats +400
(Odds imply a 85.7% probability state goes Red)
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