Tonight, on the final night of the 2024 Democratic National Convention, Kamala Harris will address a crowd of supporters in Chicago. On an evening when Harris hopes to inspire a nation to vote for her, her position as the dominant presidential candidate for 2024 is now in question.

The polls still consistently favor Harris by a margin of 1 to 4 points overall, but the betting odds at political sportsbooks can often be a more accurate indicator of where both candidates stand.

The fact is, no votes will be cast in this election until November 5th. Poll responses reflect the current mood of the given individual, but their minds can change between the moment the data is collected and their votes are cast.

Gambling is much different. When a bet is placed, the gambler’s mind is made up. They’ve already chosen who they think will win and believe it so much that they’ll risk their own money against the prospect.

If sportsbooks begin taking too much money in on a candidate, they’ll adjust the moneyline odds until the balance is restored.

The profits collected by sportsbooks are mostly based on the scrape they take off of each wager. Think of it like Costco or Sam’s Club’s profits being based on membership rather than sales numbers.

Too much investment made on one candidate or another creates an imbalance. There is potential for sports betting venues to make a massive profit when that happens, but their aversion to risk demands that they don’t stick their necks out in that manner.

When a politician gains ground in the betting odds, it matters. The following betting line is offered at Bovada Sportsbook.

US Presidential Election 2024 Winner

• Donald Trump Sr. -115
• Kamala Harris -105

Technically, the favored candidate will be the one with odds in the negative, but in this case, both of them have a moneyline under even. Harris now trails Trump by 10 points at Bovada, but the odds vary at other gambling houses.

Most are pretty close to what Bovada is offering, but have a look at the election odds over at MyBookie.

2024 Presidential Election Odds 

• Trump, Donald EVEN
• Harris, Kamala -125

The above disparity is entirely due to the level of money that is coming in at MyBookie exclusively, and it has nothing to do with what’s happening at any other sportsbook.

Either way, bettors would be wise to shop around and find the odds that will payout the most based on the wager amount.