2024 Presidential Election Odds: Donald Trump overtakes Biden to become favourite

2024 Presidential Election Odds: Donald Trump overtakes Biden to become favourite

Donald Trump is now as short as 15/8 to return as US president in 2024.

For the first time this campaign, Donald Trump is now the favourite with one UK bookmaker in the latest 2024 presidential election odds as his price dropped as low as 15/8.

Since the start of 2023, the incumbent president Joe Biden had a stronghold to win with UK oddsmakers, retaining favouritism across the 20+ companies hosting the market.

However, earlier this morning, Betfred became the first to go with Donald Trump as the favourite to win in 2024 as they lowered his odds to 15/8 (in from 2/1).

This marginal but significant price shift for Trump was replicated across the board. While some still have Biden as a marginal favourite, Betfred favour Trump and three bookmakers can’t split the two.

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Donald Trump Next President Odds

As well as being popular with odds makers, there's been a similar sentiment for Trump to win in 2024 amongst oddschecker bettors.

Over the last 30 days, 40.1% of the bets through oddschecker have backed controversial 77-year-old Trump in the next 2024 presidential election odds market. Across the same period, the 80-year-old Biden has received just 25.4% of the bets.

Former President Trump has been zeroing in on a return to the White House in 2024, seemingly looking past the Republican primaries to target a battle with the man he calls "Crooked Joe".

Despite his non-participation in the first Republican debate last month, Trump is odds-on to be the next Republican nominee at a best price 2/5. His campaign confirmed on Monday he will skip next week’s second debate to deliver a competing address the same night in Detroit.

Joe Biden Next President Odds

Current President Joe Biden was the long-term frontrunner in the market, coming into a shortest price 6/4 in late August when Trump was arrested in connection with alleged efforts to overturn the 2020 presidential election results in Georgia. 80-year-old Biden is now a best price 2/1 to secure a second successive term in the White House.

2024 Presidential Election Odds

Name Best Price Worst Price
Joe Biden 2/1 8/5
Donald Trump 9/4 15/8
Gavin Newsom 14/1 10/1
Ron DeSantis 17/1 12/1
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