The face of the Democratic Party has changed, and so have the US presidential election odds.
Vice President Kamala Harris is currently tied with Donald Trump on the presidential odds board, having formally accepted her party's presidential nomination following Joe Biden's withdrawal from the 2024 race. It's a stunning turn of events considering Trump was the odds-on favorite in the election betting odds prior to Biden's exit.
| Candidate | Odds to win 2024 US election at  |
Implied probability |
|---|---|---|
 Kamala Harris |
<-110> | 52.3% |
 Donald Trump |
-110 | 52.3% |
With Biden finally heeding the advice of his most trusted Democratic supporters, Harris is uniquely well-positioned to assume the mantle. The well-regarded veep is a former attorney general and US senator with a long and proud history of service.
Let's take a closer look at Kamala Harris' presidential election odds and examine the key obstacles that may stand in her path.
Kamala Harris fast facts
| Date of birth | October 20, 1964 |
| Place of birth | Oakland, CA |
| Residence | Washington, DC |
| Political affiliation | Democratic Party |
| Net worth | $8 million USD |
| Education | Howard University (1986); University of California, Hastings College of the Law (1989) |
A true trailblazer in American politics, Harris began her career as a Deputy District Attorney in Alameda County, California, later serving as District Attorney of San Francisco and Attorney General of California, where she gained recognition for her tough stance on crime and progressive initiatives.
In 2017, Harris became just the second African American woman and the first South Asian American senator in history after being elected to represent the state of California.
Known for her tireless advocacy on racial justice, immigration reform, and healthcare, Harris gained national prominence during the 2020 presidential campaign as a candidate for the Democratic nomination. She ultimately became the first woman, first Black person, and first South Asian American to be elected Vice President of the United States, making history and inspiring millions around the world.
She continues to "fight for the people" and deliver for America as a proud member of the Biden-Harris Administration.
2024 presidential election betting odds
| Candidate | Odds to win 2024 US election at |
Implied probability |
|---|---|---|
| Kamala Harris |
<-110> | 52.3% |
| Donald Trump |
-110 | 52.3% |
| JD Vance |
+8,000 | 1.2% |
| Nikki Haley |
+10,000 | 1% |
| Michelle Obama |
+10,000 | 1% |
| Hillary Clinton |
+15,000 | 0.7% |
| Tim Walz |
+15,000 | 0.7% |
| Gavin Newsom |
+20,000 | 0.5% |
| Gretchen Whitmer |
+20,000 | 0.5% |
 Bernie Sanders |
+20,000 | 0.5% |
Odds courtesy of bet365 as of Aug. 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.
Obstacles that stand in Harris' path
Harris faces several obstacles on her path to becoming President of the United States, including political polarization and division within the country, which can impact her ability to gather broad bipartisan support. But oddsmakers appear less concerned by the day, having the Democrats a major bump over the past two weeks and narrowing the gap between the Dems and the GOP with news that Harris has officially accepted the party nomination.
Additionally, she will need to navigate the complexities of her own political record and decisions, which may face scrutiny and criticism from opponents and the media. Her tenure as VP has had its share of ups and downs; while she’s continued to advocate for abortion rights and find solutions to the US-Mexico border crisis, both issues have seen significant setbacks under her watch.
Lastly, the historical underrepresentation of women and people of color in top political offices poses a significant barrier. Harris's identity as a woman of Black and South Asian descent brings both opportunities for representation and challenges related to systemic biases and stereotypes. Building a coalition that appeals to a diverse electorate while addressing various policy concerns will be crucial for Harris to overcome these obstacles.
That all said, her approval rating, which was as low as 36.2% just over a month ago, has surged to 42.9% as of Aug. 26 – and her outside-the-box vice presidential pick could might lead to an even bigger surge. The Associated Press reported Aug. 6 that Harris tabbed Minnesota Governor Tim Walz to be her running mate – and Walz confirmed the news on X later that day. The closing VP odds had Walz (-300) as a hefty favorite on bet365 over Philadelphia Governor Josh Shapiro (-225).
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2024 presidential election Democratic candidate closing odds
| Nomination Winner | |
Implied probability |
|---|---|---|
| Kamala Harris | -10,000 | 99% |
| Michelle Obama | +3,300 | 2.9% |
| Hillary Clinton | +5,000 | 2% |
| Gavin Newsom | +10,000 | 1% |
| Gretchen Whitmer | +15,000 | 0.7% |
Harris was never seriously challenged after she received endorsements from Michelle and Barack Obama, and Hillary and Bill Clinton. Harris' support for Biden was unflagging during their term together, and her bond with the president, and similar stance on matters of national importance, earned his unequivocal support and endorsement.
