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    Harris becomes betting favorite in presidential election odds after swing state barnstorm

    By James Powel, USA TODAY,

    12 days ago

    Democratic presidential nominee Vice President Kamala Harris stands as the slight betting favorite over Republican nominee former President Donald Trump to win the White House.

    The action, which U.S. bookmakers cannot take part in legally, has taken a definitive swing towards the vice president in the three weeks she has led the campaign . The movement accelerated as she barnstormed swing states with running mate and Minnesota Gov. Tim Walz.

    The two major candidates started the campaign with Trump leading Harris at -200 to +200 at U.K. bookmaker Bet365. The betting house had Harris in the lead at -125 with Trump at even money, as of late Sunday.

    Harris took the lead at U.K. Bookmaker Betfair Exchange Thursday with her lead growing after Trump's press conference the same day.

    "The past 3 weeks have shown her defying expectations again and again, with punters gaining more confidence that she can credibly challenge Trump in November," Betfair Exchange spokesperson Sam Rosbottom said in an email to USA TODAY. "Will she maintain her momentum with the punters? Time will tell."

    Keeping up with Election 2024? Sign up for USA TODAY's On Politics newsletter.

    https://img.particlenews.com/image.php?url=34a5dp_0uvBs8Hu00
    Vice President Kamala Harris interacts with supporters during a presidential campaign rally in Glendale, Ariz., on Aug. 9, 2024. Joe Rondone/The Arizona Republic via USA TODAY Network

    Presidential election odds timeline

    https://img.particlenews.com/image.php?url=0bQZ4C_0uvBs8Hu00

    Presidential election odds as of August 11

    Bet 365

    • Kamala Harris : -125
    • Donald Trump : EVEN

    via Covers.com

    Betfair Exchange

    • Kamala Harris : -105
    • Donald Trump : +120

    Bovada

    • Kamala Harris : -105
    • Donald Trump : +120

    BetOnline

    • Kamala Harris : -125
    • Donald Trump : +105

    Oddschecker

    • Kamala Harris : -104
    • Donald Trump : +115

    How accurate have election odds been in past presidential elections?

    The betting favorite has only lost twice since 1866 , according to the Conversation, a nonprofit news organization.

    The two upsets came in 1948, when Harry Truman (D) beat eight-to-one odds to defeat Thomas Dewey (R), and in 2016, when Trump overcame seven-to-two odds to beat Hillary Clinton.

    Biden was the betting favorite in the 2020 race, holding the pole position with Oddscheker from May through November.

    Gannett may earn revenue from sports betting operators for audience referrals to betting services. Sports betting operators have no influence over nor are any such revenues in any way dependent on or linked to the newsrooms or news coverage. Terms apply, see operator site for Terms and Conditions. If you or someone you know has a gambling problem, help is available. Call the National Council on Problem Gambling 24/7 at 1-800-GAMBLER (NJ, OH), 1-800-522-4700 (CO), 1-800-BETS-OFF (IA), 1-800-9-WITH-IT (IN). Must be 21 or older to gamble. Sports betting and gambling are not legal in all locations. Be sure to comply with laws applicable where you reside.

    This article originally appeared on USA TODAY: Harris becomes betting favorite in presidential election odds after swing state barnstorm

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