Trump Relinquishes Lead To Biden In The Polls: 2024 Presidential Betting Odds Update

In early March, a Washington Post/ABC News poll pitted Trump vs. Biden in a hypothetical general election. Trump edged out Biden by three points, right on the edge of the standard margin of error for polls of this kind. This demonstrated that Trump was well-positioned for his presidential run. He was simultaneously widening the gap between himself and Republican challenger Ron DeSantis in March as well. All in all, this was great news for Trump. Until his recent indictment split his polling advantage. Trump continues to move away from DeSantis with most of his base believing that his indictment was a political hit job. But national polls featuring a Trump vs. Biden choice are beginning to lean Biden. A Yahoo News poll of registered voters from last week shows the 46th president leading Trump by four points. That lead is reflected in sportsbooks' latest odds in the Race for the White House. 

2024 U.S. Presidential Election Betting Odds

Candidate	Moneyline	Probability
Joe Biden (D)	+175	36.36%
Donald Trump (R)	+250	28.57%
Ron DeSantis (R)	+400	20%
Kamala Harris (D)	+2200	4.35%
Nikki Haley (R)	+2500	3.85%
Gavin Newsome (D)	+2800	3.45%
Pete Buttigieg (D)	+3300	2.94%
Mike Pence (R)	+4000	2.44%
Michelle Obama (D)	+4000	2.44%
Gretchen Whitmer (D)	+4000	2.44%
Dwayne 'The Rock' Johnson (I)	+5000	1.96%
Mike Pompeo (R)	+5000	1.96%
Aexandira Ocasio-Cortez (D)	+6600	1.49%

As Biden's numbers have improved, particularly his approval/disapproval ratings, his primary threats (Harris, Newsom, Buttigieg) appear to be fading into the background. On July 15th, his ratings bottomed out with a 38.5% approval and a 55.5% disapproval. He has since stabilized in the lower 40s and withstood the heat of inflation and high-interest rates as well as could be expected for a sitting president. With unemployment at just 3.5% nationwide, it's likely that he'll maintain an insurmountable lead against his in-party challengers.