Video Summary

In March 2024, the 2024 US Presidential election is looming, and sportsbook manager Dave Mason from BetOnline.ag is excited to share his perspectives on the political betting landscape. As someone who works on the marketing side of the industry, Mason has seen an unprecedented amount of action on the Democratic nomination, with Harris now the favorite to win. This shift in action has resulted in a significant move in odds, with Harris now minus 170 to win the Democratic nomination, while Biden is at plus 180. Mason notes that the market is offering a range of political betting options, including head-to-head bets, prop bets, and even debate props.

Mason reflects on the 2016 election, when Trump went from an 8-to-1 underdog to a favorite in just one hour. He recalls the night live action was pouring in, with many people navigating the complex state-by-state battleground. Mason notes that controversy and trash talk tend to drive action, making the 2020 election the biggest betting event in BetOnline.ag's history. Despite some challenges, including the COVID-19 pandemic, the 2020 election ultimately went in favor of the house. As the 2024 election approaches, Mason believes the industry will see even more action, with many people waiting to see who will be the Democratic nominee before placing their bets.