Will TikTok be sold before August 2024? Bookies make it 3/1 that the company is sold with USA ban rumoured!

Updated: 32 Politics & Current Affairs

OLBG look at the latest odds that TikTok is sold to an American business with reports that the platform may even be BANNED in the USA.

Will TikTok be sold before August 2024? Bookies make it 3/1 that the company is sold with USA ban rumoured!

Solen Feyissa/pexels

Jake Ashton Senior News Editor

Jake is a Football and Entertainment betting expert, with a Man City season ticket and a deep knowledge of reality TV betting angles

  • Bookies now go 3/1 that TikTok will be sold with rumours of sale on the cards
  • Further reports say that the USA may decide to ban the platform if it's not sold to an American company
  • Specials at the start of the year looked at who may be the most followed TikTok account

Bookies now go 3/1 that TikTok will be sold with rumours of sale on the cards

Republicans overwhelmingly voted through a bill earlier this month that could see TikTok banned in the US and this could see the platform sold in the United States.

Current president Joe Biden has previously pledged to sign it into law if it passes through the Senate meaning that the app could be banned in the US app stores.

This would mean that the current owners of the platform ByteDance would have to sell it's stake in the company to an American company to keep it going in that territory.

The latest betting market makes it 3/1 that TikTok is sold before August with ByteDance having to decide whether to keep the business or potentially lose out on more than 170m users.

The FBI have previously said that TikTok could be used by China to harvest data and divide the American people in a time where it seems easier than ever to do so with the rise of social media.

What the expert says..

Bookies say there's a 25% chance that TikTok is sold in the US before the end of August with the latest news reports suggesting that the company may have to be sold to an American company to remain in the territory.

Jake Ashton - Social Media Odds Expert - OLBG.com

Further reports say that the USA may decide to ban the platform if it's not sold to an American company

If TikTok isn't sold to an American, it's extremely likely that the USA becomes the second country in the world to ban the platform following India who did so back in 2020.

Donald Trump said earlier this week that he was against banning TikTok in America saying that kids would “go crazy without it” and that it would benefit Facebook and Meta.

Trump has a longstanding negative opinion on Facebook and has also said in the past that the company is the "enemy of the people" in terms of social media.

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Specials at the start of the year looked at who may be the most followed TikTok account

Further specials once again look at who may be the most followed account on TikTok at the end of 2024 with Khaby Lame once again favourite.

Lame sits at the top of the most followed pile on the platform with a total of 161.4m followers, which sees him almost 9 million ahead of second place Charli D'Amelio.

Bella Poarch and Mr Beast wrap up the top four most followed accounts but they both sit under 100m with Lame so clear at the top.

Most followed TikTok account by end of 2024OddsProbability
@khaby.lame4/555.6%
@charlidamelio3/125.0%
@bellapoarch12/17.7%
@mrbeast12/17.7%
What the expert says...

Khaby Lame is now 4/5 to be the most followed user on TikTok by the end of 2024 with the latest betting odds suggesting a 55% probability of that happening!

Jake Ashton - Social Media Odds Expert - OLBG.com

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