The 2020 Presidential Election was a wild ride that eventually saw Joe Biden defeating Donald Trump to become President of the United States. The race was very tight, but Biden was able to win some swing states in order to win the election. Both 2016 and 2020 were divisive elections that caused a media frenzy in the United States, and the 2024 Presidential Election has been more of the same.
The 2024 US Presidential Election is taking place tomorrow. Donald Trump is once again the Republican nominee, while Kamala Harris is the Democratic nominee, after Joe Biden dropped out of the race in July and endorsed the current Vice President. The betting odds indicate that Donald Trump is the favourite to become the next President of the USA leading into Election Day. I expect the betting markets to have significant variance throughout Election Day until a winner is declared.
If you’re a Canadian and you’d like to bet on who will become the next President of the United States here’s a step by step guide to how to get started.
Bet On 2024 US Presidential Election in Canada – Guide
#1. Open An Online Betting Account
First you will need to open an online betting account. Our top rated sportsbook is SportsInteraction.com and they currently have a few different betting options available for the US Election. Here’s a full review.
Now it’s time to place your bets. Here’s a screenshot of the odds currently on offer at SportsInteraction.com for the 2024 US Presidential Election (taken on November 4th, 2024 – the evening before Election Day – these odds could continue to change until a winner is announced):
The election odds show Donald Trump as the favourite according to the odds. The odds have changed significantly over the month, with October starting out with Trump and Harris both at around 50% implied probability, but Trump gained significant ground late in October and now looks like the favourite entering election day.
Sports Interaction has various other Election related bets you can make throughout the election process including who will win the popular vote, winning party, specific state winning party, number of electoral college votes won, popular vote percentage, and much more. I suggest visiting SportsInteraction.com to see the up to date odds for all bets.
To find the US Presidential Election odds at SportsInteraction.com, you need to click on ‘Sports’ -> ‘Politics’ -> ‘2024 US Presidential Election’ in the sportsbook.
Your GUIDE recommends to make a DEPOSIT. How about if I want to bet just once (the US Presidential Election 2020) then, win or lose, want my Deposit back. Is this allowed? How can I do this?
So how do I withdraw my money after i win a bet? And do they just take vVsa for the sign up deposit or do they take paypal as well? Thanks.
Luther.
They do take Visa for deposit, unfortunately not Paypal.
After you win your bet you can withdraw via e-check or wire transfer directly to your bank account.
If you need more information don’t hesitate to email me through the About Me page with more questions: https://www.sportsbettingcanadian.ca/about-me/
Your GUIDE recommends to make a DEPOSIT. How about if I want to bet just once (the US Presidential Election 2020) then, win or lose, want my Deposit back. Is this allowed? How can I do this?
You will need to deposit the money that you want to bet on the Election. If you win, you can then withdraw your deposit + winnings.
If I bet 300$ on joe biden how much can I make
It will depend on the odds at the time of your bet. Check out our odds page to learn how to read odds to find the potential payout for bets: https://www.sportsbettingcanadian.ca/guide/betting-odds-explained/
What is the maximum I can bet on the US Presidential Election?