US Election Odds: Who is the favourite to be the next US President?

US Election Odds: Who is the favourite to be the next US President?

Donald Trump is currently the favorite to win the U.S. presidential election, with betting odds reflecting his growing support as Election Day approaches.

As the November 5 election nears, Kamala Harris has seen her odds steadily drift, with market confidence in her campaign visibly waning. 

Starting at 10/11 on October 6, Harris’s odds have stretched to 9/5 by October 30, showing a notable decline. 

In contrast, Trump’s odds have tightened, rallying from 1/1 to 4/7 over the same period, signalling growing support and momentum in his favour. 

Historically, betting odds have been strong predictors of U.S. presidential outcomes, with the betting favourite winning 26 of the last 31 elections since 1900. Trump’s own 2016 victory was a rare outlier in this trend, adding a layer of intrigue to his comeback in the betting.

Below is a look at how the odds have changed in the past months.

 

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US Election Odds

Candidate Odds Implied Probability
Trump 8/13 62%
Harris 8/5 38%

 

Who is the favourite to be the next US President?

Currently, Trump leads the betting markets with odds of 8/13 with Betfred, while Harris trails at 8/5. Polls show a close race in several swing states, underscoring the intensity of this electoral battle.

In the final push before Election Day, both Donald Trump and Kamala Harris have intensified their campaigns, focusing on pivotal battleground states. 

Trump has made a strong showing with high-profile rallies in North Carolina and Wisconsin, drawing support alongside former NFL quarterback Brett Favre, and emphasizing economic issues in recent speeches, such as his rally in Allentown, Pennsylvania. 

Trump’s media strategy has also ramped up, with his interview on Joe Rogan’s podcast drawing considerable attention. 

Meanwhile, Harris, who recently addressed her vision for unity at the Ellipse in Washington, D.C., continues to appeal to voters looking for stability and inclusiveness.

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