The outcome of the political battle between former President Donald Trump and Vice President Kamala Harris will finally be decided by the American people. As the citizens of the USA head to the polls, election bettors in the US and beyond remain fixated on the outcome.

International betting operator bet365 has used the opportunity to share a few insights fresh from the trading floor.

Donald Trump Is the Favorite to Win, According to the Odds

Bet365 officials teased that the odds show Trump as a 4/7 favorite to make a triumphant return to the White House. He added that his Democratic opponent, Harris, has been losing some momentum. Her odds are currently standing at 6/4, representing a noticeable decline.

Steve Freeth, a PR officer at the operator, commented on the matter, saying that bet365 believes that its offering is strong and poised to attract many players. In addition to that, he is somewhat optimistic about the potential profitability of the clash between Harris and Trump. Yet, Freeth said that his company is still wary of the outcome since the US presidential race tends to be an unpredictable event.

Bet365 Was Caught Off Guard by Trump’s Triumph in 2016

Freeth reminisced about the 2016 elections when his company felt confident in the outcome of the election, only for Trump to win and leave the operator out of pocket by some £4 million ($5.2 million). He noted that this liability still haunts the bet365 HQ since many thought that Trump would never win.

Trump and Harris’ betting odds kept on fluctuating over the past few months, adding to the anticipation. Freeth explained that Harris’ odds stood at 66/1 in June while Trump’s biggest price in 2021 was 8/1. However, the unpredictable nature of politics saw “great two-way trade,” further increasing the betting heat.

He [Trump] can certainly win again but with the odds dramatically shorter, we’ll be hoping for a better book when the dust settles this time around.

Steve Freeth

Bet365, for context, offers a variety of US Election betting markets.