The 2024 Presidential Election is scheduled for November 5th, 2024. The Midterm Elections took place in November of 2022, and the attention of political pundits and bettors now shifts to the 2024 US Presidential Election.
Donald Trump has declared his intention to run for President. He’s one of the early frontrunners to win the Republican nomination, along with current Florida Governor Ron DeSantis. Joe Biden is also expected to run for re-election in 2024 as the Democrat nomination, and he’s the current favorite to win in 2024.
The 2024 Election is sure to generate plenty of story lines and take center stage in the United States media on several occasions leading up to November 5th in 2024. Joe Biden is the current favorite over both Trump and Ron De Santis, but the odds will likely change many times throughout the course of the campaigns.
On this page I will recommend two great betting sites for California residents, touch on the legal climate of betting in California, look at the two most popular Presidential Election betting lines, and finish up with a simple 3 step guide California residents can use to bet on the 2024 Presidential Election from anywhere in the state.
Top Betting Sites for California Residents
- Built for American bettors
- Wide variety of competitive betting lines
- Easy to navigate betting platform
Bovada and BetOnline are our top two recommended betting sites for California residents. Both sites are trusted and popular among California bettors and each site is focused on providing the best possible betting experience for Americans.
For the rest of this guide I will be using Bovada.lv for all examples.
Presidential Election Betting in California
At the current time it is not legal to operate a sportsbook in the State of California. This does not look likely to change in the near future after two ballot measures that would have allowed regulated sports betting in California failed to gain support during the US Midterm vote in November of 2022.
That said, at this time, it is still not illegal for California residents to join and place bets through offshore betting sites that are licensed and regulated outside of the USA. Bovada fits into this category and has become the go-to sportsbook for American bettors.
2024 Election Odds
Bovada.lv has a wide variety of Presidential Election betting lines you can wager on including who will be the Republican and Democratic candidates, which party will win the popular vote, who will be the Democratic Vice-Presidential nominee, and more.
The most popular US Election bet is still the 2024 US Presidential Election winner (odds from June 15th, 2023).
Joe Biden is the current favorite with odds of +150, which indicate an implied probability of 40% that Biden wins re-election at nearly 82 years of age. Trump and DeSantis are the other top contenders as they battle for the Republican nomination with odds of +275 and +500, respectively, indicating that Trump has an implied probability of 26.7% to win the election, while DeSantis has a 16.7% chance. It’s likely (83.4% according to the odds above) that one of those three politicians wins the 2024 election. Other potential candidates such as Robert Kennedy Jr., Michelle Obama, and Gavin Newsom, etc, make up the remainder of the probability (plus the juice) in this betting market.
These odds screenshots were taken in June of 2023. The odds for the election can change quickly and drastically. To see the up to date odds head to Bovada.lv open the ‘All Sports’ drop down menu in the sportsbook and select ‘Politics’.
Bet On The US Election in California – 3 Step Guide
Complete the following three steps to bet on the 2024 Election from anywhere in California.
Step 1. Open Your Bovada.lv Account
Click the above link and fill out the short overlay form on the home page to open your account.
Bovada is our #1 rated betting site for California residents.
Step 2. Deposit Funds
After logging into your Bovada account click on ‘Deposit’ under your account drop down in the top right corner of the screen. Select your preferred deposit method and complete the instructions to fund your account.
Bovada accepts Visa, MasterCard and bitcoin deposits. You can withdraw your winnings via bitcoin, bank transfer or check through the mail.
Step 3. Place Your Bets
You’re ready to bet!
- Click ‘Sports’ from the top navigation bar.
- Select ‘All Sports’ and ‘Politics’ from the sports options at the top of the screen.
- Select the bet(s) you want to make and enter your Risk amount on the Bet Slip.
- When you are happy with the risk and potential winnings click ‘Place Bets’ to lock in the wagers.
It’s that easy. Ready to bet? Click here to visit Bovada.lv.