US Election: £1m bet in 24hrs as resurgent Trump nears parity with Harris on Betfair Exchange

• US election betting getting closer

• More money bet on Trump than Harris in big 24 hours on the Betfair Exchange

• VP still favourite but her odds are drifting

• Follow our 2024 US Election live blog

• See US election odds as you've never seen them before

Donald Trump was resurgent in the Betfair Exchange US election winner market during a frenetic 24 hours that saw more money bet on him than Kamala Harris for the first time in over a fortnight.

A whopping £511,763 was bet on a Trump victory, while for Harris the number was £465,911, as the total wagered in the market neared £1m in just 24 hours.

Can Trump make his Betfair backers wealthy?

Trump has been promising to "Make America Wealthy Again" at recent rallies and those who have backed him in to current odds of 2.0621/20 (a 48.5% chance) are hoping he can make them some money on 5 November.

Harris remains the favourite at 1.981/1 (50.5%), but her odds are drifting in a sign that the momentum she built after the debate has started to stall.

The debate was the biggest turning point since Harris became the Democratic Party candidate for president at the 2024 election. She schooled Trump in front of the TV cameras and overtook him in the betting, as the Betfair Predicts graph shows.

The race for the White House is tightening as it apporaches its end game. There is less than six weeks to go before Americans vote - some of them already have - and, unless something dramatic happens for either campaign, the election will be in too close to call territory until the big day.

Harris is a solid 1.282/7 to win the popular vote (receive the most votes nationally) but, if you have been reading our essential election explainers, you will know that the winner will be the one who receives the most electoral college votes.

That means the election will almost certainly come down to which candidate performs best in the seven swing states. Principal among them is Pennsylvania where Trump and Harris have been campaigning relentlessly.

Trump won the state in 2016 but lost it to Joe Biden, who had Harris as his running mate, at the last election. In 2024, both candidates have reason to believe they can win there and, as with the national race, the odds indicate that the contest is tighening there.

The Democrats are 1.92 (52.1%) to win Pennsylvania and the Republicans 2.0621/20 (48.5%) - the same price that Trump is currently to win the presidency.

Everywhere you look in the US election 2024, the race is tight and getting tighter, with Trump starting rebuild momentum after what has been a tough fortnight for his campaign.

Read Betting.Betfair for the latest between now and US election day 2024.

Now read Betfair US election live blog for the latest betting news