The timeless desire to win is a quest since the dawning of mankind. History has witnessed millions of individuals throughout the existence of our planet who have fought to be on top. And here we are again. Another battle. Another fight to the finish. This one is arguably one of the most decisive in recent memory.
The pivotal 2024 presidential battle that is squaring off two giants in the arena is captivating media headlines every single day. As of August, Republican nominee former President Donald Trump is slightly behind Democratic presidential nominee Vice President Kamala Harris. Her overnight coming into the race now stands as the slight betting favorite to win the White House per online polls.
The Ethical Dilemma of Election Betting: Risking Democracy for a Wager?
But, in this quest to win the coveted spot of being the leader of the free world things are bound to shake up. There is no clear-cut way to the finish line, especially in an era that is seeing unprecedented chaos and turmoil.
Who wins is up in the air as much as when there will be much desired peace in the Middle East. America is split and spirits are elevated to an all-time high of anxiety. Many are trying to avoid the topic altogether while other people in the population are overzealous with their opinion on who should be in the Oval Office.
There are so many unanswered questions and to add to it is something that many people wish they could do, which is to place a wager on the presidential elections.
Let’s face it. Betting can be fun as much as it can be a form of mental escape from the current landscape woes. If you can afford to lose, you should be able to win big according to many. But dropping your hard-earned cold cash on the topic remains obscure from coast to coast.
To bet or not to bet. That is the question.
Legal Boundaries and International Markets: Where Betting on U.S. Elections is Possible
You may be one to find pleasure in betting on anything. You will turn to your best friend and say let’s place a wager on who makes it to the finish line first. But in the case of the United States presidential election, you simply do not have this option.
You do not have the option to do so by any means. You cannot bet on the results of the election within the boundaries of the country.
It is legal to do so in other countries, though. If you are in Canada and England, you can do it, which is why a lot of the odds you see from sportsbooks are based in the UK or even Ontario.
But still it is well known that many sportsbooks are still not comfortable offering betting markets on a presidential election. It was even reported that when the assassination attempt of Trump took place this summer FanDuel quickly removed the wagering option in Ontario.
The main reason it continues to be outlawed is because it is thought that voters can impact the outcome of an election. And even more notable is that it is highly problematic from a moral standpoint. Bringing harm to the integrity of the election is the biggest concern.
Not permitting it is in place since the Commodity Futures Trading Commission deemed it to not serve the public interest and prohibited it altogether.
When is the 2024 U.S. Presidential Election?
The 2024 U.S. Presidential Election is scheduled for Tuesday, November 5, 2024. This is the official date when Americans will vote for their next president as per bet365 NJ.
Who is the Favorite to Win the 2024 U.S. Presidential Election According to Betting Odds?
As of mid-August 2024, betting odds vary slightly depending on the source and sportsbook sites, but Kamala Harris and Donald Trump are the primary contenders. Kamala Harris has recently overtaken Trump in some betting markets, with odds of around -120, making her a slight favorite. However, Trump’s odds remain competitive, reflecting a very tight race.
Can You Legally Bet Online on Politics in New Jersey?
There are many types of new bets you can make with the legal NJ sportsbooks, but no, you cannot legally bet on political outcomes, including the U.S. Presidential Election, in New Jersey. Betting on politics is prohibited across the United States due to concerns over election integrity and potential influence on outcomes.
However, residents of New Jersey (and other states) might see odds from international sportsbooks, but these are not legally sanctioned within the U.S. as per Oddschecker.com. Explore your legal gambling options on NJ.bet’s homepage and view the latest betting site promo codes that we have negotiated for you with the best online casinos.
