Presidential Election Betting Odds 2028: Vance Remains Favorite, Prepared to Step In

Vice President J.D. Vance remains the betting favorite by the latest U.S. Presidential Election odds ahead of the Nov. 7, 2028 election. The next (scheduled) election is already firmly in the news cycle after Vance was asked if he'd be prepared to step in as Commander in Chief.

Our best political betting sites (outside the U.S.) list Vance as the betting favorite to be the winner of the next U.S. election. Vance says he's received "on-the-job-training" and is prepared to step in in the event of "a terrible tragedy", despite insisting President Donald Trump is "in incredibly good health" and brimming with "incredible energy", according to the AF Post.

Trump is now well into the first year of his term, and despite controversy at times and an approval rating that dips often, his vice president JD Vance maintains a significant lead atop the oddsboards ahead of 2028.

📊 United States presidential election 2028 odds

Here are the presidential election odds from our best sportsbooks in Canada. U.S. residents interested in betting on the election can visit the social sportsbook BetRivers.net, which is available in most U.S. states.

A few quick thoughts and observations:

• Vance has been steadily maintaining his position up top and a sizable advantage since U.S. presidential election odds for 2028 opened at Ontario sports betting sites shortly after Election Day in 2024
• In fact, Vance's pricing hasn't budged one bit at Bet365 Ontario since way back in late February, though there's been plenty of movement around him
• That includes Gavin Newsom, the California governor who's been in the spotlight for various reasons, including the Los Angeles riots tied to ICE, and he's thid on the oddsboard at +1400
• Alexandria Ocasio-Cortez is the leading Democrat candidate by the U.S. Presidential Election odds at +1300
• Going in the other direction, Michelle Obama is out of the top 10, a move that felt inevitable because she's never expressed a strong desire to run for office
• Among the shuffling elsewhere, Michigan governor Gretchen Whitmer fell from +1600 in February to +2600 now
• There was much chatter about the Stephen A. Smith election odds earlier this year as the ESPN personality toyed with the idea of running, but he remains in deep long-shot territory in the outright 2028 presidential election winner market while getting +10000 odds

💡 United States presidential election 2028 odds analysis

There's a consensus at the top among our Ontario sports betting sites on the Republican side, with Vance the clear choice to take over for the party by the odds and be the GOP's candidate in 2028.

But the same clarity doesn't exist for the Democrats, though Newsom could be starting to inch away and provide some.

The party is still in search of a new direction after the tumultuous times of summer 2024 when Joe Biden dropped out late, forcing Kamala Harris to run a very abbreviated and ultimately unsuccessful campaign. A movement away from the establishment, particularly given the rise of democratic socialist Zohran Mamdani in the NYC mayor election odds, has no doubt boosted the likes of Ocasio-Cortez in the odds.

But Newsom, who's long held presidential ambitions, still lurks as Vance's possible primary challenger, and Pete Buttigieg is just behind AOC too. He worked in the Biden administration as the secretary of transportation, and his presence high up on the board shows the links to the party's recent past are still hanging on now.

💪 U.S. Presidential election 2028 odds favorites

🇺🇸 JD Vance (+290)

Vance is the no-brainer favorite due to his position as second in command, which is why any Vice President would likely receive similar odds at this point.

But it runs deeper than that with Vance.

Trump has taken over the Republican party, a process that began when he descended the golden escalator in 2015, and it never really stopped even when he took political defeats. His approach is now firmly entrenched, with many moderates in the party like Mitt Romney long gone.

Therefore, heading into the 2028 campaign there will surely be a desire among many to fortify Trumpism as the leader departs politics. Vance was chosen to be Trump's running mate partly because of his ability to be that torchbearer, albeit with often a softer tone and messaging.

The other major element working in Vance's favor is his age. America is fresh off an election in which the original two candidates—Trump and Biden—were both aging greatly. Biden was the oldest-ever sitting president, and Trump is now the oldest to ever be elected.

Vance is just 40 years old, meaning he'll still be well shy of even Harris' age (60) come Election Day in 2028.

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👀 United States presidential election 2028 candidate to watch

🇺🇸 Pete Buttigieg (+1600)

Buttigieg already ran for the presidency ahead of the 2020 election, when he was just 38 years old and the mayor of South Bend, Ind.

A combination of his age and lack of high-level political experience meant his candidacy wasn't taken seriously at first during the Democratic primaries. But he soon did surprisingly well considering those factors, earning 26 delegates and 17% of the vote before dropping out on March 2 and endorsing Biden.

He's still young for a politician while now 42. And now Buttigieg has spent the past four years gaining significant experience working in the Biden administration as the secretary of transportation.

Perhaps even more critically as we enter a second Trump term with Democrats starting to jostle for position, Buttigieg has already been maneuvering to make himself one of the next president's leading critics. He's often appearing on Fox News to present rebuttals to Conservative talking points.

If he can keep it going, the momentum from that could serve him well when the next election cycle truly ramps up.

🎊 United States presidential election 2028 winning party odds

Much like the outright winner market, plenty can happen to sway the odds in the winning party market too.

The most significant such event over the next four years could be the results of the midterm elections, in which the party that holds the White House often faces at least some degree of pushback from voters.

🗳️ United States presidential election previous winners

Odds among the top candidates move frequently right up until voting day in November of an election year.

But bettors should remember that the favorite has won in 26 of the last 31 presidential elections. That includes Trump in 2024, though in 2016 he was a significant underdog to Hillary Clinton, and that night went sideways quickly for the Democrats.

💵 Where can I bet on the U.S. presidential election?

Legal and regulated sports betting sites in the U.S. don't offer odds on the election, but our best Ontario sports betting apps do. All major Ontario sportsbooks offer this market under "politics" and/or "novelty".

Odds often surface far in advance, with only the outright winner market available at first. Later on during the election year other prop markets will emerge, such as which party will win, who will win the most electoral college votes, and who will take the popular vote.

❓ U.S. presidential election FAQs

Who is the favorite for the 2028 U.S. election?

Vice president-elect JD Vance is the early favorite for the 2028 election while getting +290 odds. That leads to an implied win probability of 25.64%.

Does DraftKings feature election odds?

Draftkings Ontario re-added election odds late during the 2024 campaign, and it's now one of a few sportsbooks in the province featuring early 2028 odds.

Who won the previous U.S. presidential election?

Donald Trump became the 47th President of the United States after defeating Kamala Harris in the 2024 election. Harris became his opponent after Joe Biden dropped out on June 21, 2024.

When is the 2028 U.S. presidential election?

The next day Americans will go to the polls to vote for a president is Nov. 7, 2028.

When will the candidates for the 2028 U.S. presidential election be decided?

Trump will not be permitted to run again after reaching the end of his second and final term. Both parties will hold primaries, which will begin early in 2028. How long that process will take to decide the likely nominees is difficult to project. But favorites often begin to emerge early in the spring, and especially after Super Tuesday in March.

Where will the U.S. presidential election decided?

Candidates will campaign for office in several cities and states until November 2028. Ultimately, voters decided who will be the President of the United States at polling booths across the country.

How to watch the U.S. presidential election

Every major news outlet covers the results of the 2028 United States presidential election.

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