2024 Political Wagers: Top 10 Bets to Make in the Elections
In the political arena, the year 2024 is shaping up to be the busiest ever, with major elections taking place in both the USA and the UK. This surge in political activity has led to a boom in political betting, with bookmakers offering odds on a wide range of events.
In the USA, the race for the Presidency is heating up, with a potential rematch between Joe Biden and Donald Trump looking increasingly likely. According to the latest odds, a Biden v Trump rematch is almost certain, with odds of 1.47 in favour of the former President. Trump, however, is the overwhelming favourite to win the Iowa Republican Caucus, rated almost certain at 1-100. If Trump does not secure the nomination, Ron DeSantis is the favourite to win the Iowa Republican Caucus, with odds of 1.57.
Meanwhile, in New Hampshire, the race for the Republican nomination is more open. Nikki Haley, a former Governor of South Carolina, has seen her odds of winning the New Hampshire Primary improve in recent days, with odds of 8/5 now available. The absence of a strong challenger has led to Biden being available at bigger odds to win his party's nomination than Trump.
Betting on the US Senate and House of Representatives will also be widely available, with control of both chambers on the November ballot. There is also a special election in New York's third district, following the expulsion of Republican George Santos, which is expected to be a close contest.
Across the pond, the UK General Election is also expected to take place in 2024, with October-December being the favourite month for the election to occur, according to the latest odds. Labour is currently rated as the favourite to win the most seats at the general election, with odds of 1-10, and to win an overall majority, with odds of 1.25.
The Conservative Party is expected to face challenges in by-elections, with the party having fared terribly in these in the past. The very early betting for Wellingborough has the Conservatives as big outsiders.
In addition to the main events, there are hundreds of interesting side markets available for political betting. For example, Betfair offers "How many seats will the Conservatives lose", with the favourite being 201 seats or more at 2.7.
Finally, it's worth noting that the withdrawal of Chris Christie from the New Hampshire Republican Primary has led to a surge in support for Nikki Haley, with almost all of his supporters expected to transfer to her campaign.
For the most accurate and up-to-date political betting odds on Nikki Haley in the New Hampshire Primary, checking specialized election betting markets or political wagering websites directly may be necessary.
- In the blog section, one might find discussions about Nikki Haley's rising odds in the New Hampshire Primary, given the withdrawal of Chris Christie from the race.
- Alternatively, the general-news space could feature reports on the UK General Election, mentioning that Labour is currently the favourite to win the most seats, according to political betting odds.
