2024 Presidential Election Odds: Twice as Many Bets Backing Donald Trump Instead of Joe Biden
2024 Presidential Election Odds: Twice as Many Bets Backing Donald Trump Instead of Joe Biden
To this point, the 2024 Presidential Election odds have been clear to this point that Donald Trump is the favorite to win and become the next President of the United States. That was until he was indicted for the second time this past week.
Now, current POTUS Joe Biden is the clear favorite as it's unclear whether or not Trump will even be able to run when November 2024 rolls around.
But, despite the fact that the latest 2024 Presidential Election odds clearly favor Biden, it's Trump that has been the most popular pick among bettors, and by a fairly large margin. That's right, even though Donald Trump has now been indicted twice, he's still the most popular pick among bettors.
Since his second indictment was announced last week, twice the amount of bets have come in on him to win the 2024 Presidential Election than those that have come in on the favorite, Joe Biden.
2024 Presidential Election Odds
| Candidate | 2024 Presidential Election Odds | % Bets |
|---|---|---|
| Joe Biden | +137 | 17.02% |
| Donald Trump | +300 | 34.07% |
| Ron DeSantis | +400 | 9.37% |
| Robert Kennedy Jr. | +1200 | 9.64% |
| Gavin Newsom | +2800 | 1.29% |
Click here to see the latest 2024 Presidential Election odds
As you can see from the latest 2024 Presidential Election odds, Joe Biden is the clear favorite, sitting at +137 to be reelected. Those odds carry with them an implied probability of 42.2%. However, since Trump's second indictment was announced, just over 17% of all bets have backed him to win.
In comparison, Donald Trump's 2024 Presidential Election odds are all the way out to +300, implying he has just a 25% chance to take the White House. Still, over 34% of all bets have backed him to win.