The 2024 US Presidential Election is scheduled for Tuesday, November 5th. The Election is shaping up to be a rematch of 2020 with Joe Biden and Donald Trump Sr. being declared as the presumptive nominees for the Democratic and Republican parties, respectively.
Donald Trump is a slight favorite with odds of +100, while Joe Biden has odds of +115 to win re-election at the time this article was updated. It would require some big changes for one of these two not to win the 2024 Election. The race is expected to be tight and the campaigns should heat up over the summer, so I expect a lot of betting interest leading up to Election day.
On this page I will recommend two betting sites for Americans, touch on the betting options in Utah and New Mexico, look at the Presidential Election odds, and provide an easy to follow 3 step guide you can use to bet on the 2024 US Election online.
Recommended Betting Sites for Americans
- Built for American bettors
- Wide variety of competitive betting lines
- Easy to navigate betting platform
Bovada and BetOnline are our top two rated betting sites for US residents, including anyone living in Utah or New Mexico. Both sportsbooks are popular across the country and have served the US betting market for decades, building a strong reputation in that time.
For the rest of this guide I will be using Bovada.lv when looking at the election odds and providing betting examples.
2024 Election Betting in Utah and New Mexico
Sports betting is not legal in Utah and the law is not expected to be changed in the near future. In New Mexico sports betting is legal, but it’s only available in-person at the six tribal casinos in the state. This means there is no regulated online betting sites available in either Utah or New Mexico.
That said, Utah and New Mexico bettors do have the option to place bets through offshore betting sites that are licensed and regulated outside of the United States, while accepting American bettors. Both Bovada and BetOnline fall into this category of online sportsbook.
US Presidential Election Odds
Bovada has a wide variety of 2024 Election betting markets available including which party will win the popular vote, which party will win in Utah, which party will win in New Mexico, who will be the Republican Vice Presidential candidate, and much more.
The most popular election bet by far is who will win the 2024 US Presidential Election (screenshot below taken May 8th):
Donald Trump Sr. is the favorite with odds of EVEN, which indicates an implied probability of 50% that Trump wins the election. Joe Biden is also right there with odds of +115, indicating an implied probability of 46.5% that Biden wins re-election. This betting market indicates that there’s a 96.5% chance of either Trump or Biden winning the 2024 Election.
The odds above are accurate as of May 8th, 2024. The election odds change often and significantly. To see the up to date odds head to Bovada.lv and select ‘Politics’ from the All Sports menu.
Bet On The 2024 Presidential Election in Utah or New Mexico – 3 Steps
Follow this three step guide to place your bets on the 2024 US Presidential Election from anywhere in Utah or New Mexico.
Step 1. Open Bovada.lv Account
Click the above link and fill out the overlaid sign up form on the home page to create an account.
Bovada is our recommended betting site for Utah and New Mexico residents.
Step 2. Deposit
Log into your Bovada account and click the ‘Deposit’ button under your accounts drop down menu. Choose one of the deposit options (Visa, MasterCard, American Express, Bitcoin, etc.), enter the amount, and follow the instructions to make your deposit.
Step 3. Place Your Election Bets
- Click ‘Sports’ from the top menu bar at Bovada.lv.
- Open the ‘All Sports A-Z’ menu and select ‘Politics’.
- Select the odds of the bet you want to make to add it to your Bet Slip.
- Enter your Risk amount on the Bet Slip and click ‘Place Bet’ to lock in the wager.
That’s it. Ready to bet? Click here to visit Bovada.lv.
Tagged With : 2024 Election • New Mexico betting • US Presidential Election betting • Utah betting