Odds for Harris' Vice President: Beshear soars after Cooper drops out, Shapiro leads
A drop-out in the field of potential Democratic vice-presidential nominees shook up the betting market as the presumptive Democratic nominee Vice President Kamala Harris' appears to be close to choosing her running mate.
North Carolina Governor Roy Cooper removed himself from consideration for the role Monday, saying, "this just wasn't the right time for North Carolina and for me to potentially be on a national ticket."
Kentucky Governor Andrew Beshear shot up the oddsmaker's boards overnight, moving from +1800 Monday to +225 at U.K. bookmaker Bet365, in the wake of the announcement.
The campaign will tour battleground states with the vice-presidential nominee next week, Reuters reported Tuesday.
The betting market, which U.S. bookmakers cannot take part in, still has two favorites at the top with Pennsylvania Governor Josh Shapiro separating himself as the consensus favorite with Arizona Senator Mark Kelly in second at the books USA TODAY has regularly surveyed.
Betting experts told USA TODAY that the odds at a given time represent a snapshot of how punters are feeling and that events will move the lines before Harris announces her pick.
"(The market) fluctuates almost hourly, especially with something like the vice-presidential candidate, as it is based off of one news story or maybe even a rumor," Ryan Butler, senior news analyst at betting site Covers.com told USA TODAY in an interview Monday.
Here are the odds for the Democratic vice-presidential nomination as of July 30.
Democratic vice-presidential nomination betting market moves
Democratic vice-presidential nominee betting odds (as of July 29)
Bet 365
Josh Shapiro: +120
Mark Kelly: +200
Andrew Beshear: +225
Tim Walz: +550
Pete Buttigieg: +1400
Via Covers.com
Bovada
Josh Shapiro: +190
Mark Kelly: +190
Andrew Beshear: +350
Tim Walz: +525
Pete Buttigieg: +2500
BetOnline
Josh Shapiro: +165
Mark Kelly: +250
Andrew Beshear: +250
Tim Walz: +700
Pete Buttigieg: +2500
Oddschecker
Josh Shapiro: +184
Mark Kelly: +275
Andrew Beshear: +410
Tim Walz: +800
Pete Buttigieg: +1900
This article originally appeared on USA TODAY: Beshear improves betting odds for Harris' VP pick, Shapiro holds lead