US Presidential Election Betting Odds: J.D. Vance Favored in 2028

Odds for the 2028 U.S. presidential election are already out and Donald Trump's running mate is the early favorite.

Michael McClymont - Senior News Editor at Covers.com
Michael McClymont ? Senior News Editor
Nov 27, 2024 ? 10:54 ET ? 5 min read
Donald Trump
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Donald Trump rolled to a 2024 election night victory and, as a result, his running mate is the early favorite to win the 2028 U.S. presidential election.

Odds are already out for the event, and J.D. Vance owns the shortest odds.

Candidate Odds to win 2028 US election at bet365
J.D. Vance +250
Gavin Newsom +750
Josh Shapiro +900
Michelle Obama +1200
Pete Buttigieg +1400
Gretchen Whitmer +1600
Vivek Ramaswamy +1600
Ron DeSantis +2000
Tucker Carlson +2000
Tulsi Gabbard +2000
Tim Scott +2500
Andrew Beshear +2500
Wes Moore +2500
Donald Trump Jr. +2500
Greg Abbott +3300

Odds courtesy of bet365 as of Nov. 27, 2024. Implied probability in betting is the likelihood of an event occurring as inferred from the odds offered by a sportsbook or the market.

Other recognizable names that populate the odds board are Nikki Haley at +4,000, Kamala Harris at +6,600, Oprah Winfrey at +5,000, and Dwayne Johnson at +6,600.

2028 US Election Winning Party Odds

After such a decisive victory, the Republican Party is already installed as the favorite in the early 2028 US election odds.

Winning Party Odds to win 2028 US election at bet365 Implied probability
Republican Logo Republican -150 60%
Democratic Logo Democrats +120 45.4%
Independent +10000 0.9%

Odds courtesy of bet365 as of Nov. 27, 2024.

US presidential election winners

Year Winner Electoral votes Popular %
1789 George Washington 69 NA
1792 George Washington 132 NA
1796 John Adams 71 NA
1800 Thomas Jefferson 73 NA
1804 George Washington 162 NA
1808 James Madison 122 NA
1812 James Madison 128 NA
1816 James Monroe 183 NA
1820 James Monroe 231 NA
1824 John Quincy Adams 84 30.9
1828 Andrew Jackson 178 56.0
1832 Andrew Jackson 219 54.2
1836 Martin Van Buren 170 50.8
1840 William Henry Harrison 234 52.9
1844 James K. Polk 170 49.5
1848 Zachary Taylor 163 47.3
1852 Franklin Pierce 254 50.8
1856 James Buchanan 174 45.3
1860 Abraham Lincoln 180 39.3
1864 Abraham Lincoln 212 55.0
1868 Ulysses S. Grant 214 56.7
1872 Ulysses S. Grant 286 55.6
1876 Rutherford B. Hayes 184 48.0
1880 James A. Garfield 214 48.3
1884 Grover Cleveland 219 48.5
1888 Benjamin Harrison 233 47.8
1892 Grover Cleveland 277 46.1
1896 William McKinley 271 51.0
1900 William McKinley 292 51.7
1904 Theodore Roosevelt 336 56.4
1908 William Howard Taft 321 51.6
1912 Woodrow Wilson 435 41.8
1916 Woodrow Wilson 277 49.2
1920 Warren G. Harden 404 60.3
1924 Calvin Coolidge 382 54.1
1928 Herbert Hoover 444 58.0
1932 Franklin D. Roosevelt 472 57.3
1936 Franklin D. Roosevelt 523 60.2
1940 Franklin D. Roosevelt 449 54.7
1944 Franklin D. Roosevelt 432 53.3
1948 Harry S. Truman 303 49.4
1952 Dwight D. Eisenhower 442 54.9
1956 Dwight D. Eisenhower 457 57.4
1960 John F. Kennedy 303 49.7
1964 Lyndon B. Johnson 486 51.1
1968 Richard M. Nixon 301 43.4
1972 Richard M. Nixon 520 60.7
1976 Jimmy Carter 297 50.0
1980 Ronald W. Reagan 489 50.4
1984 Ronald W. Reagan 525 58.8
1988 George H.W. Bush 426 53.4
1992 Bill Clinton 370 43.0
1996 Bill Clinton 379 49.2
2000 George W. Bush 271 47.9
2004 George W. Bush 286 50.7
2008 Barack Obama 365 52.9
2012 Barack Obama 332 50.9
2016 Donald Trump 304 46.0
2020 Joe Biden 306 51.3

Only three US Presidents have received 60% or more of the popular vote since the metric was recorded. They include Warren G. Harding in 1920 (60.3), Franklin D. Roosevelt in 1936 (60.2), and Richard Nixon in 1972 (60.7).

US presidential election trends

  • Only 38% of presidents have won consecutive elections since 1900.
  • The average age of the president at inauguration is 55.
  • A candidate has won the popular vote but lost the election five times in US presidential election history.
  • James Buchanan is the only bachelor to be elected president.

Betting on the election in the United States

US states do not allow for election betting in an effort to protect election integrity and the democratic process. Legal betting sites in the United States don’t offer election odds to Americans. 

Betting on the US election from Canada

Canadians have plenty of options when it comes to placing wagers on the US election. The top political betting sites on our list are permitted to offer election odds within the regulated Ontario sports betting marketplace, along with all other Canadian provinces. Additionally, bettors in other countries can bet on the U.S. election.

In Ontario, there are multiple legal options to place bets including:

BetMGM: The sportsbook best known for its flagship US brand has expanded in Europe and is among the market leaders in Canadian gambling

bet365: Maybe the biggest name in global sports betting, bet365 allows bets on not only the winning president but also the winner in most states

DraftKings: One of America's leading sportsbooks also allows punters to try their luck on presidential betting in Ontario

Affiliate disclosure: Our team of experts has thoroughly researched and handpicked each product that appears on our website. We may receive compensation if you sign up through our links.

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US election betting odds FAQs

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Michael McClymont - Senior News Editor at Covers.com
Senior News Editor

Michael McClymont started with Covers in 2023 and provides coverage on industry news. Prior to joining Covers, he was a publishing editor at Sportsbook Review and also worked at theScore as a writer and editor. Mike has more than 15 years of experience in the journalism industry.

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