Donald Trump Moves Ahead of Kamala Harris in White House Betting Odds for First Time in Months
ICARO Media Group
**Trump Surpasses Kamala Harris in White House Betting Odds for the First Time Since September**
In a shift in the betting landscape, former President Donald Trump has overtaken Vice President Kamala Harris in the race for the White House, marking his first lead since the presidential debate on September 10. Among the various betting houses that USA TODAY surveys, Trump's most significant edge is observed at BetOnline, where he stands at -140 compared to Harris' +120.
For the past month, the betting odds remained stable, but recent weeks have seen a resurgence in support for Trump. This shift is noted in the ongoing and illegal-to-U.S.-bookmakers presidential betting market, which has been a point of interest for political enthusiasts and analysts.
The historical significance of betting odds in predicting presidential outcomes is notable. According to data from the Conversation, a nonprofit news organization, the betting favorite has only lost two times since 1866. The most recent instance occurred in 2016 when Hillary Clinton was favored to win over Trump throughout most of the campaign, only to be defeated. The other occasion was in 1948, when Democrat Harry Truman defied eight-to-one odds to achieve victory over Republican Thomas Dewey.
This development in the betting odds mirrors the dynamic nature of the presidential race and highlights the unpredictability inherent in political campaigns. Keeping a close watch on these odds offers an intriguing glimpse into public sentiment and the evolving probabilities as Election 2024 approaches.