With less than 24 hours until Election Day, prediction markets are buzzing, and there’s still time to bet on current presidential odds.
What’s crazy is how much the election odds have shifted across prediction markets over the weekend. Here’s a look at the presidential betting odds at Kalshi.
Presidential Odds
- Donald Trump: 56% (-127)
- Kamala Harris: 44% (+127)
You can bet on these odds with a $20 sign-up bonus when you sign up with Kalshi, the best way to legally bet on elections in the US.
Click Here to Sign Up Today and Get a $20 Bonus on Your First $100 Deposit!
Presidential betting odds details
Currently, Kamala Harris is trading at $0.44 per share, while Donald Trump leads slightly at $0.56. These odds, however, have shifted dramatically in recent days. Five days ago, Harris shares were priced at $0.35, with Trump at $0.65. For anyone who bought Harris shares then, that’s nearly a 33% gain in less than a week!
To put it in perspective, the S&P 500’s annual return for 2023 was 26%—meaning this one trade on Harris could have yielded more than an entire year’s worth of traditional stock market gains in just five days.
Remember, presidential betting odds on prediction markets are reflected as a price on a scale from $0-1 that can also be translated into probabilities.
Record-breaking volumes
This year’s presidential race has shattered records on prediction platforms. Polymarket, one of the industry’s largest players, has already reached an astounding $3 billion in trading volume for its presidential market. Unfortunately, you can’t bet on Polymarket in the US.
Meanwhile, Kalshi—an official, CFTC-regulated platform—has seen $200 million bet on their presidential winner odds, not including millions across other 2024 election markets.
The numbers speak for themselves: people are flocking to prediction markets for a chance to monetize their election predictions.
How to bet on presidential odds
Unlike betting odds that you find across online sportsbooks, when you bet on Kalshi‘s presidential odds, you can actually sell your position before a winner is determined.
With the presidential election mere hours away, trade volume is expected to surge further as excitement and speculation drive market fluctuations. This heightened activity means that prices could fluctuate even more, presenting an ideal time to buy low and sell high. Prediction markets thrive on volatility, and with such a high-profile event, this election offers prime opportunities for profit.
Sign up with Kalshi today, and don’t miss a chance to put your money where your mouth is. Also, there’s plenty to bet on after the election, including movies, music, weather, and more!
Here’s how to sign up and start betting on Kalshi:
- Step 1: Click here
- Step 2: Click “Sign-up” on the home page or download the app if you’re on mobile
- Step 3: Provide your personal information to create an account, and then pick a username
- Step 4: Fund your account using one of the available deposit methods — to be eligible for the $20 bonus, you must deposit a minimum of $100.
Are you ready to make history by participating in the first legal presidential election market in nearly 100 years?
