How To Bet On The 2024 US Presidential Election From Ohio

It’s Election Day in the USA! The 2024 United States Presidential Election is taking place today (Tuesday, November 5th, 2024).

Donald Trump, the former President, is the Republican nominee, while Kamala Harris, the current Vice President, is the Democratic nominee. This election will come down to a choice between Trump and Harris.

The election has dominated the news cycle over the past several days and weeks. This is another very important election that is sure to have plenty of bets placed on various markets.

On this page I will touch on the legality of betting in Ohio, look at the odds for the Presidential Election and explain where you can bet.

Where To Bet

State-licensed sportsbooks in the US generally do not take bets on elections, TV shows or most awards shows, although a few states allow betting on select awards like the Oscars. Prediction markets such as Kalshi and Polymarket, which are regulated by the Commodity Futures Trading Commission (CFTC), offer contracts on many of these events.

Offshore sportsbooks also post odds on entertainment and political events, but they are not licensed or regulated by any US state. Our guide to sports betting in the USA explains each option in more detail.

Election Betting in Ohio

Sports betting is now legal in Ohio, with regulated sportsbooks having launched on January 1st, 2023. There are now 15 regulated sports betting apps live in the state.

Ohio residents do also have the option to place bets through offshore betting sites that are licensed and regulated outside of the United States.

2024 Presidential Election Odds

The most popular bet is of course who will win the 2024 US Presidential Election (odds from November 5th, 2024 at 10:39am EST):

The election was basically a pick’em a month ago, but Donald Trump’s had taken a significant lead in the betting markets leading into Election Day.

Donald Trump is the favorite to win the US Presidential Election with odds of -175, which indicates an implied probability of 63.6% that Trump wins the Election. Kamala Harris has odds of +153, which indicates an implied probability of 39.5% that Harris wins the election. The extra 3.1% accounts for the juice in the betting market.

Bet On The US Election In Ohio – 3 Step Guide

Whichever option fits you, getting set up only takes a few minutes. Here’s how it works.

Step 1. Choose Where To Bet

No US state lets its licensed sportsbooks take bets on elections, so prediction markets such as Kalshi and Polymarket are the regulated way to trade on the outcome from Ohio. Each contract pays out if the result you picked happens, and its price reflects the market’s view of how likely that is. Offshore sportsbooks also post election odds, but they are not licensed or regulated by any US state.

Step 2. Create and Verify Your Account

Sign up with your legal name, date of birth and address. Licensed sportsbooks require you to be 21 or older in most states, while most prediction markets and DFS apps accept players from 18. Regulated platforms verify your identity and check your location, so have your ID handy.

Step 3. Place Your Bets

Find the presidential election market, pick the candidate or party you expect to win, and check the contract price before you confirm. A lower price means the market sees that outcome as less likely, and a bigger potential payout if it happens. Most regulated platforms let you set deposit and time limits in your account settings. If betting stops being fun, help is available 24/7 at 1-800-GAMBLER.

Tagged With : 2024 Election • US Election • US Election betting • US Presidential Election betting