One of the most exciting parts of the election cycle – at least, once the main candidates are sorted out – is the selection of Vice President. And it’s also a major election betting market, as gamblers are eager to make money on guessing who a given candidate will pick as their running mate.
One of the biggest mysteries following the selection of each party’s Presidential nominee is who will be chosen as the Vice Presidential candidate and accompany them on the campaign trail. Joe Biden didn’t choose Kamala Harris until less than three months prior to election day, so it can be difficult to predict when VP futures odds will cash in.
Bettors can wager on VP nomination odds at the leading offshore sportsbooks that offer election betting lines. Once these lines or odds open up, then the earlier you get your wagers in, the better, as the payouts are typically more advantageous the further away the selection is.
Read on to find out how you can get the biggest possible payouts, find a betting site that you like, make a deposit, and place your bet today!
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Once it became official that Democratic candidate Joe Biden would not seek re-election, odds for the next VP went live. While Kamala Harris slipped into the role of Presidential hopeful, Biden’s endorsement helped seal the deal for her to become the Democratic nominee. Once she acquired the responsibility of carrying the torch, she soon after named Minnesota Governor Tim Walz as her VP pick and running mate for 2024.
Since she formally announced her VP pick, odds for the next democratic VP had been removed. However, you can find futures, prop, and various other election odds for Tim Walz and other political candidates.
Republican odds for Vice President were available during the 2024 election cycle. There was speculation that Trump would pick a woman, favorably Nikki Haley, but those thoughts were squashed during the primaries when it came down to Trump or Haley. Haley was the only candidate to win a state against Trump but eventually stepped down and gave her support to the Don.
Trump announced his VP pick, J.D. Vance, a Senator from Ohio, before the 2024 Republican National Convention (RNC), where he was awarded as the 2024 nominee. Election odds for JD Vance include both futures and props.
Betting on the VP race is easy enough, as all you have to do is sign up at an offshore betting site. Since local domestic books don’t currently accept bets on politics, these sites are your only safe, legal options to make real money on Vice Presidential selections. The process is simple and takes about five minutes:
If you’re going to bet on a presumptive VP selection, it can help to look at the strategic calculus of picks in the past. While we could dedicate a whole encyclopedia to past VP picks and the rationale behind them, we’re only including the last few Presidential races in this retrospective. The strategies seem to be timeless, so this brief list should be enough to help bettors make informed decisions now and in the future.