The 2024 USA presidential election looms on the horizon leading oddsmakers and bettors to prepare to bet on politics. Overall, the field is stacked on both sides of the aisle, with some very interesting names rumored to be in the running for both parties’ presidential nominations.
The current USA President odds favor a handful of candidates. But if there’s anything certain in the political world, it’s that circumstances can change in a heartbeat.
The following USA President predictions and betting lines offer a primer for those looking to bet on politics.
USA President Odds
The current USA President odds feature some familiar faces:
- Joe Biden +200
- Donald Trump +275
- Ron DeSantis +333
- Kamala Harris +2500
- Pete Buttigieg +2800
- Nikki Haley +3300
- Michelle Obama +4000
- Gavin Newsome +4000
The two frontrunners, incumbent President Joe Biden and former president Donald Trump top USA President odds at +200 and +275, respectively.
Both Biden and Trump seem destined for a rematch of the 2020 election. However, the biggest question surrounds President Biden’s decision to run for a second term. At the moment, all indications point toward President Biden seeking reelection.
As for former president Trump, he has publicly announced his decision to run for a second term despite his loss to President Biden. Trump’s biggest hurdle will be his legal issues. He must then contend with Republican up-and-comers former ambassador Nikki Haley and current Florida governor Ron DeSantis.
Trump’s chance of getting his party’s nomination will not be as easy as some believe, despite USA President odds showing Trump as the presumptive Republican nominee.
USA President Odds for the Winning Party
The current odds for the winning party in the 2024 presidential election stack up as follows:
- Republicans -138
- Democrats +110
Based on current USA President stats showing President Biden’s approval rating hovering over 40%, oddsmakers tip the scales in favor of the Republicans.
Additionally, the Republicans took control of the House in the 2022 election, with the Democrats barely taking the Senate. It seems like the Republicans are poised to take the 2024 presidential election regardless of whoever the nominee may be.
USA President Odds for the Republican Party Nominee
The odds for the Republican party nomination show a clear favorite:
- Donald Trump -138
- Ron DeSantis +175
- Nikki Haley +2000
- Mike Pence +3300
- Mike Pompeo +4000
While the Politics odds-on favorite for the Republican nomination is Trump, bettors should keep an eye on challengers DeSantis and Haley.
Despite talk of a potential Trump-DeSantis ticket, the Republican base seems fixated on giving Trump another chance at the White House. However, watch out for Nikki Haley, who might become a dark horse pick for the Republicans.
USA President Odds for the Democratic Party Nominee
The field for the Democratic party nomination features some big names:
- Joe Biden -275
- Kamala Harris + 900
- Gavin Newsome +1100
- Michelle Obama +1800
- Pete Buttigieg +2000
The presumptive Democratic nominee is President Biden should he choose to run. If not, the nomination may become a toss-up between sitting Vice-President Kamala Harris and California governor Gavin Newsome.
However, bettors should keep their eyes open for a powerful dark horse candidate in Michelle Obama. While the former First Lady has not openly indicated she plans to run, she would have the overwhelming support of the Democratic base.
Other dark horse candidates include 2016 Democratic nominee Hillary Clinton (+3300) and Michigan governor Gretchen Whitmer (+2500). Nevertheless, current Democratic nomination hopefuls will have to get past Harris and Newsome.
USA President Odds and Betting Prediction
The USA President odds and betting prediction shows two scenarios:
PICK 1: Joe Biden over Donald Trump, should President Biden choose to run once again.
PICK 2: Donald Trump over Kamala Harris or Gavin Newsome, should President Biden choose not to run.
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