US Presidential Election Odds: Donald Trump moves into ODDS-ON favourite at 5/6 to win the 2024 US Presidential Election as Joe Biden drifts in market!

Updated: 1318 Politics & Current Affairs

Donald Trump is favourite to become US President once again ahead of the 2024 US Presidential Election with Joe Biden now drifting with bookmakers.

US Presidential Election Odds: Donald Trump moves into ODDS-ON favourite at 5/6 to win the 2024 US Presidential Election as Joe Biden drifts in market!
Nigel Skinner Blog Content Manager

Football Manager Expert and Political Betting Specialist across Exchange and Spread Betting Sites

  • Donald Trump is now the 5/6 favourite to win the 2024 US Presidential Election
  • Joe Biden drifts in the betting odds to 7/4 to win the election later this year
  • Trump also favourite to be the TIME Person of the Year for 2024

Donald Trump is now the 5/6 favourite to win the 2024 US Presidential Election

Betting remains available on the 2024 US Presidential Election with Donald Trump moving into odds-on favourite to beat Joe Biden in the polls later this year.

Trump is running for re-election to a second, nonconsecutive term and would only become the second president to gain nonconsecutive terms after Grover Cleveland.

Bookmakers have slowly been shortening Trump's odds to win the closer we've been getting to the election and now we've entered 2024 he's moved into odds-on.

Various rumours in the past week have said that Michelle Obama could make a shock run for president which is why she is now 9/1 third favourite in Bet365's market.

US Presidential Election 2024OddsProbability
Donald Trump5/654.5%
Joe Biden7/436.4%
Michelle Obama9/110.0%
Nikki Haley16/15.9%
Gavin Newsom22/14.3%
What the expert says..

Donald Trump now moves into odds-on to win the 2024 US Presidential Election with bookmakers putting him as the clear favourite ahead of Joe Biden to be voted in again.

Nigel Skinner - Political Betting Expert - OLBG.com

Joe Biden drifts in the betting odds to 7/4 to win the election later this year

Current US President Joe Biden is now 7/4 to win the US Presidential Election once again with his odds drifting out to odds against.

Biden is now 81-years-old and is the oldest person to ever serve as US President but his approval ratings have been poor going into this year's election.

The latest betting odds now suggest there's a 36% chance of Biden serving as President once again with Trump's implied probability now at 54% based on the odds.

Presidential Election Betting Odds
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Presidential Election Betting Odds

Trump also favourite to be the TIME Person of the Year for 2024

Further betting specials for 2024 look at who could win the Time Person of the Year towards the back end of the year and it's Trump who is also favourite in this market.

Trump leads the way for an award that is usually handed out to US Presidents when they win the election in that year, with Trump having won the Person of the Year before.

The former US President is 10/3 at the top of Paddy Power's betting market ahead of joint second favourites in Joe Biden and Artificial intelligence, which includes Chat GPT.

Time Person of the Year 2024OddsProbability
Donald Trump10/323.1%
Artificial intelligence (includes Chat GPT)
4/120.0%
Joe Biden4/120.0%
Nikki Haley6/114.3%
Elon Musk7/112.5%
What the expert says...

Donald Trump is the clear favourite to win the 2024 Time Person of the Year award with bookmakers having a market up for next year's award.

Jake Ashton - Senior News Editor - OLBG.com

Political Betting Author Information

Nigel Skinner

Political Betting Expert

If you want to know anything about Political betting markets then Nigel is your go-to guy. Nigel has years of experience writing and following betting odds around a whole host of political markets including General Elections, By-Elections and even the infamous Brexit betting markets!

- Nigel Skinner, Blog content manager

Jake Ashton

Jake Ashton

Senior news editor

Jake is our News Content Manager. He reviews all content, fact-checks the data, edits the copy and enhances all of the OLBG News content from our expert team ahead of publication.

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