Kamala Harris Closes in on Donald Trump in Presidential Betting Odds After Tim Walz VP Pick

USA TODAY — The 2024 presidential race just got a whole lot closer, with Vice President Kamala Harris's selection of Minnesota Governor Tim Walz as her running mate causing a surge in Democratic momentum. In the latest betting odds, Harris is narrowing the gap with Trump, and some bookmakers even have the race as a toss-up.

The original odds, which had Trump leading at -200 to Harris's +200, have shifted significantly. As of Wednesday, Trump leads at -125, but Harris is now at even money. This reflects a broader trend across other books, with offshore bookmaker BetOnline also calling it a dead heat at -105.

The ticket's barnstorm through swing states this week could further shift the odds before the Democratic National Convention.

Trump, attempting to regain some momentum, will be interviewed by X owner Elon Musk. The interview was announced on Trump's social media platform, Truth Social, but details remain scarce as of Wednesday.

Here are the odds from various bookmakers as of August 7:

Presidential Election Odds:

Bet365:

• Donald Trump: -125
• Kamala Harris: EVEN

via Covers.com

Betfair:

• Donald Trump: EVEN
• Kamala Harris: +112

Bovada:

• Donald Trump: -115
• Kamala Harris: -105

BetOnline:

• Donald Trump: -105
• Kamala Harris: -105

Oddschecker:

• Donald Trump: -101
• Kamala Harris: +112

Betting Favorites and Underdogs:

According to historical data, the betting favorite has only lost twice in presidential races since 1866. The upsets occurred in 1948 with Truman's win over Dewey and, more recently, in 2016 with Trump's victory over Clinton. In the 2020 race, Biden maintained his position as the betting favorite.

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While gambling on politics may be enticing, remember to bet responsibly and be aware of the risks involved. This article is for informational purposes only and does not endorse any form of gambling.