2024 Presidential Election Odds: 62.5% of Bets on Nikki Haley to Win 2024 Presidential Election

2024 Presidential Election Odds: 62.5% of Bets on Nikki Haley to Win 2024 Presidential Election

Former South Carolina Governor Nikki Haley has officially announced her candidacy for the Republican nomination for President in 2024. She is the second candidate to do so, alongside former President Donald Trump. The sportsbooks and bettors don’t believe it’s out of the realm of possibility that she could actually win.

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2024 Presidential Election Odds

The sportsbooks have always thought Haley was a threat in 2024. She’s given +1800 odds or an implied 5.9% chance to win the presidency. Those are the best odds of anyone not named Joe Biden, Donald Trump, or Ron DeSantis.

Now, with her official announcement this morning, bettors are backing her as well. She’s seen 62.5% of bets since her announcement. Even before the announcement, bettors were backing her with 7.3% of bets over the last seven days, fourth behind only Biden, Trump, and DeSantis.

It’s clear that Haley is getting a bump from her announcement here. The question is whether or not that’s sustainable. It has been for Trump who’s surpassed DeSantis and Biden to stay at the top of the betting market since he announced he was running.

Will Haley see the same effect even though she’s not the biggest name? Especially with Republicans fading on the market, as Joe Biden has established himself as the clear favorite for reelection. It’s a tough road ahead for Haley, but she isn’t so far behind Trump and DeSantis that it’d be impossible to win the Republican nomination.