It appears as if President Joe Biden is going to be looking to run for another term of office in 2024. But there will be plenty of opponents. The victory by Biden over Donald Trump was tightly contested back in 2020, and it’s going to be another big race in 2024.
Trump is expected to run for president again in 2024. But there will be other Republicans that are going to run against him as well. This is going to be a major news story over the next few months, and especially as the election gets closer.
Here is a look at a big story that will impact the campaign of Biden, and also a look at Biden odds in terms of betting on the next Presidential election.
Hunter Biden Admits Guilt
Anytime that Hunter is mentioned when discussing Bidens campaign news, you can assume that it’s a big blow to the chances of the president. Hunter Biden has created a mess for himself over the last few years. And many use that to attack or bash the president.
The most recent news is a bit shocking. And it could impact the Biden odds for the next presidency, as Hunter Biden has finally admitted guilt. According to court documents, Hunter Biden has agreed to plead guilty to federal criminal tax charges.
Those that attempt to bet on politics have seen many odds about Hunter and criminal charges, and this puts an end to those bets. Hunter will be charged with a pair of misdemeanors for his actions in willingly avoiding paying income taxes.
David Weiss is the U.S. Attorney for Delaware, and he was appointed by President Trump to investigate Hunter Biden. He made the recommendation to a judge earlier in June on the charges against Biden. And Hunter has agreed to admit and accept that punishment.
There won’t be any jail time coming for Hunter Biden as he is only going to be sentenced to probation for the charges. Biden is also facing a charge of illegally owning a weapon. He is not allowed to have one thanks to his prescription for antidepressants.
President Joe Biden defended his son after he admitted his guilt in this case and even stated that he was proud of his son. It’s unclear what will come next for Hunter Biden, but this is a big stain on the current campaign.
Plenty of Biden Bets to Make
If you are looking to bet on President Biden odds, then you will have plenty of options to choose from. Probably the biggest bet to make is on whether or not Biden will win a second term, and those odds are pretty tight.
Currently, Biden is not favored to win in 2024 as those odds are set at -175. If you do believe that the current president will win another term, then those betting odds are being offered at +130.
There are also some strange bets to make when looking specifically at this Hunter Biden situation. Take a look at a few popular ones below.
Will Hunter Biden Be Held in Contempt of Court Before Trial Concludes?
- Yes +170
- No -260
As you can see, the odds favor him NOT to be held in contempt. But if you think he might, take a shot at the +170.
Will Hunter Biden’s Trial Date Be Pushed Back From Its Current Scheduled Date of July 24th?
- Yes +110
- No -150
We think it’s a bit of a longshot for this date to be pushed back. So taking that -150 odds could be the move here.
Will Any Controversy Surrounding the Sale of Hunter Biden’s Art Emerge During the Trial?
- Yes -400
- No +250
This is one of the most lopsided lines when dealing with betting on the Biden campaign news. The art sale is likely to be brought up, but at -400 it could be a tough bet to place.
That’s a nice look at some of the politics odds you can bet on this time of year. Which do you like?
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