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2024 US Presidential Election – Cloudbet Market Movers
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After a hotly-contested campaign for the 2020 election, and a see-sawing betting market to match, Cloudbet customers are already sowing some seeds for the leading candidates in 2024
* Kamala Harris is firming up as favourite, down to 4.61, ahead of President Biden at 5.06
* Before the storming of the Capitol, Donald Trump was 34.0 to win in 2024. Today? he’s down to 8.0
* Mike Pence, on the other hand, is drifting out to 12.0 from 9.0
With Donald Trump barely out of the White House and Joe Biden ensconced as the 46th President, you’d think it would be time for the betting public to draw breath and have a break from all things political. But not a bit of it… leading crypto betting operator Cloudbet has already seen plenty of action in its 2024 markets.
Setting the Scene
The 2020 US Presidential election was the biggest betting single event in history. $1.8 billion was wagered on Trump v Biden in the Betfair Exchange alone.
Joe Biden was the odds-on favourite – however, for leading crypto betting operator Cloudbet, 80% of the money taken on the US election had been on Trump and the Republicans – and it’s a theme evident across other books as well – with many on the record that a huge proportion of money continued to roll in for Trump and people continued to distrust polling data.
Regardless, Biden and the Democrats won – with a clear 306-versus-232 Electoral College majority, and leading the popular vote tally by a whopping 7.06 million votes. As Senate Majority Leader Mitch McConnell ultimately put it, “this election actually was not unusually close.”
So, this time you’d expect Trump backers to be a tad more circumspect? Well.. up to a point, yes. If you’d looked at the markets you’d have seen Donald J Snr a lowly 33/1 (34.0 in decimals) for 2024. And then came the Capitol riots.. and even since then, the MAGA army have been backing their overlord, down into 8/1 (9.0) for today, after he vaguely promised “”we will be back – in some form” during his farewell salvo.
The Trump Dynasty
While we all wait to see if Trump’s second impeachment is more successful in Congress than the first, the Trump family is still seeing some movement in the markets. Ivanka is the most popular Trump, currently priced at at 25/1 (26.0 in decimals). While Trump’s namesake and eldest son Don Jnr can be backed at 50/1 (51.0). And poor Eric? The second son is a sibling sideshow and rank outsider at 108, even drifting over the past week from 100/1.
Cruzing for Another Bruising
Ted Cruz made his bid before the Capitol riots to pick up the Trump MAGA mantle. But it’s not working for him – at 35.0, he’s even behind Dwayne “The Rock” Johnson 29.0. Fox News’ opinionist-in-chief Tucker Carlson is a rather surprising 34.0 shot.
So far there’s little appetite in the market for another TV celebrity to replace The Apprentice’s Donald Trump. Oprah Winfrey, George Clooney and Mark Zuckerberg are the only other ones to get a quote on the leaderboard; but all rate at longshot, triple-digit threats.
For now, the only serious political figures gaining the public’s attention are the new President and Vice President. Although, interestingly, customers are backing VP Kamala Harris (4.61) to take the top job in 2024, not her boss Joe Biden (5.06), who will be about to celebrate his 82nd birthday at the next election. Despite attending the inauguration, former Vice President Mike Pence can’t be hopeful of his chances, with his odds drifting like a barge.
And for the rest of the field? Unsurprisingly, bettors are waiting to see what happens next amongst the two main parties. That said, one name, Republican ex-Governor Nikki Haley (former UN Ambassador under Donald Trump), is seeing a small surge of money, dropping down from prices in the mid-20s into 15.0. So, if you want to take an early punt, the markets are suggesting this is the most likely early candidate to claim the Republican ticket to be America’s 47th President.
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BETER names Juliana Querino as LatAm Business Development Manager
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Award-winning fast-betting content provider strengthens its position in the region with the latest hire
BETER, the in-demand provider of fast-betting content, data, and live streaming for esports and sports, has strengthened its team with the appointment of Juliana Querino as LatAm Business Development Manager.
Juliana, a seasoned business development specialist based in Brazil, has extensive experience in the Latin American iGaming industry. She has previously held various business development positions at Better Collective, Endorphina, Salsa Technology, and other companies. Her expertise was recognized by the G&M News platform, which included her in its Top 5 Women in the Industry 2024 list—highlighting women making significant contributions to the growth of iGaming in the region.
In her new role at BETER, she will drive the company’s expansion across Latin America, forging new partnerships with regional operators and aggregators, particularly in Brazil, where demand for BETER’s content continues to grow.
She will also drive BETER into new LatAm markets where the provider does not currently have a presence while managing relationships with existing partners to ensure they get the most out of the provider’s next-gen content offering.
Chuck Robinson, Chief Revenue Officer at BETER, said: “Latin America is a fast-moving market with opportunities opening up all the time. To capitalize on these, we need an exceptional specialist, and in Juliana, we have found exactly that. Her expertise and deep market knowledge make her a valuable addition to our team.
“We are already experiencing strong demand for our fast-betting products and solutions across the region. With Juliana on board, we can further identify key operators that would benefit from partnering with us, driving even greater growth.
“I’m delighted to welcome Juliana to the BETER team.”
Juliana Querino commented: “Fast-betting content has become essential for operators in Latin America and beyond, and I’m thrilled to join BETER in expanding awareness of its award-winning portfolio.
“BETER is renowned for its ESportsBattle and Setka Cup tournaments, which are already popular among bettors in LatAm. But our offering goes far beyond that, and I’m eager to showcase the full suite of products and solutions to operators from Brazil to Peru.”
“I look forward to helping BETER maximize the full potential of the LatAm market.”
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BetBreak.org Publishes New Workbook to Help Gamblers Take a Break from Sports Betting
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BetBreak.org has published “When and How to Take a Time-Out from Sportsbetting,” a brand-new workbook designed to help readers understand how taking a break – of any duration – from sports betting can be transformational for their mental health, financial health, and relationships with friends and family.
“This workbook and self-study guide is for anyone who wants to explore their relationship with gambling and it’s especially for those who are wondering whether it might be time for a break from sports betting,” said addiction expert Dr. Jeffrey Reynolds.
The workbook includes information about how to know if you are ready to change, tips for curbing your sports betting if you aren’t ready to quit, setting SMART goals, and limiting access to the three things necessary to gamble. The guide also contains proven tools for managing cravings and urges, resources to regain control over your finances, strategies for dealing with guilt and shame as well as stress management tips.
“The BetBreak workbook is based on the science of behavior change and helps readers make the sustainable shifts in habits necessary to live life with more presence, focus, well-being and happiness,” Dr. Reynolds said.
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SCCG Joins Fantasy Sports & Gaming Association
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SCCG Management, a global leader in gaming advisory, business development, and investment strategies, has secured membership to the Fantasy Sports & Gaming Association (FSGA). As the premier organization dedicated to advancing fantasy sports and sports betting, FSGA provides a collaborative environment where industry leaders, innovators, and pioneers shape the future of these rapidly growing sectors.
By joining FSGA, SCCG Management reinforces its commitment to staying at the forefront of industry trends, market developments, and emerging opportunities within fantasy sports and sports gaming. The partnership will allow SCCG to engage with key stakeholders, participate in thought leadership discussions, and contribute strategic insights to the evolving landscape of fantasy sports, sports wagering, and interactive gaming experiences.
With the fantasy sports and sports betting industries experiencing unprecedented growth and innovation, SCCG’s expertise in business development, technology integration, and investment strategy will bring valuable insights to the FSGA community. As a member, SCCG will actively participate in industry conferences, working groups, and networking events, including the upcoming 2025 FSGA Winter Conference, which serves as a hub for leaders, visionaries, and top executives shaping the future of fantasy sports and sports betting.
“FSGA is at the center of innovation in fantasy sports and gaming, and we are excited to join this influential community. At SCCG, we are always looking to align with industry leaders who are shaping the future of interactive sports entertainment. Through this partnership, we look forward to collaborating with fellow members, exchanging insights, and driving innovation across fantasy sports and sports betting,” Stephen Crystal, Founder & CEO of SCCG Management, said.
As SCCG continues to expand its global impact in fantasy sports, sports betting, and gaming technology, its membership in FSGA further solidifies its position as a trusted advisor and partner to the industry’s most innovative companies.
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