Donald Trump is now close to evens with most bookmakers in the 2024 presidential election odds after a landslide victory in Iowa.
Donald Trump odds in the 2024 presidential election market have shortened once again after winning the Iowa caucus by a record margin.
It gave the 77-year-old his first victory in the contest for the 2024 Republican presidential nomination and cemented his status as the market’s clear favourite.
Trump Odds
The 45th US president is a best price 1/6 on Sky Bet to win the Republican nomination race for the 2024 US election.
His victory with a reported 51% backing was the largest ever vote share in a contested Iowa caucus, beating the 41% won by George W Bush in 2000.
It comes just a few days after Colorado's top court ruled that Trump should be removed from the state ballot under 14th amendment to US constitution for inciting an insurrection.
Trump is now a shortest price 11/10 on Betfair (implied 47% chance) to win the 2024 US election but can be backed at 5/4 on bet365 (44% chance).
Betfred
- Huge range of regular promotions
- 24/7 live chat service
- PickYourPunt builder for custom bets
With Joe Biden’s odds currently at best price 9/4 on BetMGM, this is the largest gap between the top two in the betting since late 2023.
Trump has dominated this market on oddschecker since December 19th, securing 57.5% of all bets placed in the time since, compared to just 14.8% for Joe Biden.
US Presidential Election Odds
| Candidate | Best Odds | Worst Odds |
|---|---|---|
| Donald Trump | 11/8 | 6/5 |
| Joe Biden | 9/4 | 2/1 |
| Nikki Haley | 14/1 | 7/1 |
| Michelle Obama | 20/1 | 14/1 |
| Gavin Newsom | 25/1 | 14/1 |
Interestingly, the fourth most popular bet for next US president (behind Nikki Haley in 3rd) in the same time frame is Michelle Obama, who’s amassed 4.5% of total wagers.
Speculation has been building about Obama making a run for the presidency in 2024 and in recent days her odds have been cut to as short as 11/1 (best price 20/1). She has usurped Gavin Newsom as fourth favourite with most bookmakers on oddschecker.
You can still back Obama to be the 2024 democratic candidate at 11/1 on BetMGM UK.
2024 Democratic Candidate Odds
| Candidate | Best Odds | Worst Odds |
|---|---|---|
| Joe Biden | 1/3 | 2/7 |
| Gavin Newsom | 9/1 | 7/1 |
| Michelle Obama | 11/1 | 6/1 |
| Kamala Harris | 25/1 | 18/1 |
| Stacey Abrams | 66/1 | 66/1 |
