2024 Election Odds: How to Bet on the 2024 Presidential Election, Donald Trump, Joe Biden

2024 Election Odds: How to Bet on 2024 Presidential Election

It's not officially a two-horse race in the 2024 Presidential Election, but it is certainly shaping up to be the case, with Donald Trump currently favored to way his way back to the White House.

Joe Biden is not far behind in the betting right now and with the upcoming Donald Trump trial expected to take place in May, there might be plenty more movement on the odds board yet.

You can keep up to date with all the latest Presidential Election Odds here at oddschecker, right up until the announcement is made in November 2024.

Right now, Donald Trump is fresh off another win at the New Hampshire Primary and has now been endorsed by his fellow Republican candidate, Ron DeSantis, and there's very little danger of him not being the Republican candidate.

Nikki Haley is still trying to beat Trump to the post, but it doesn't look like she will be able to.

Below, we will look at everything you need to know about the 2024 Presidential Election when it comes to betting and entering free-to-play pools.

2024 Election Odds: Current Odds for the Presidential Election

Here are the latest odds for the frontrunners in the 2024 Presidential Election.

These odds are ever-changing are based on the UK Betting market, where you are legally allowed to bet on the 2024 Presidential Election.

The current momentum suggests Donald Trump is on his way to a second spell in the White House, but can Joe Biden secure a second term instead?

Can You Bet on the 2024 Presidential Election in the US?

When it comes to betting on the 2024 Presidential Election, users in the US are out of luck.

You are not legally allowed to bet on the 2024 Presidential Election in the United States, but there are several ways you can make money from your election predictions.

The odds that you will see in this article are based on 2024 Election odds from UK Bookmakers, where it is legal to bet on the race to the White House.

Win Big on DraftKings Free Pools for the 2024 Presidential Election

Every time there are Presidential Primaries and Caucuses, DraftKings will be releasing free-to-play prediction pools, where you can win huge prizes.

For the Iowa Caucus and the New Hampshire Primary, DraftKings Sportsbook were giving away $5,000 to users who could make eight correct predictions around the event.

Considering there is no way to bet money legally on the Presidential Elections at the sportsbook, these DraftKings pools are the best way to get involved in the 2024 elections.

How to Enter a Free DraftKings Presidential Election Pool

Here is a guide to how you would enter a DraftKings Presidential Election Pool in 2024.

The steps may change slightly based on each primary, but it will normally be eight predictions you will need to make. The number of predictions may go up if the prize pools increase, but this guide will show you how to generally enter one.

1. Click this link to qualify for a free entry into your chosen Presidential Election Pool. You can also click on the button below.

2. On the DraftKings Sportsbook homepage, press ‘sign-up’ on the top banner or you can log in if you have an existing account

3. Next, enter your details – this takes less than a minute

4. After you complete the registration or login process, click on ‘Pools’ on the menu

5. Then, click on the relevant pool, for example, ‘2024 New Hampshire Prediction Pool'

6. Enter your 8 predictions (or more on occasion)

7. Enjoy the contest, and root for your predictions!

2024 Election Odds: Donald Trump Odds for the 2024 Presidential Election

Let's look at Donald Trump's current odds for the 2024 Presidential Election.

Trump's odds were sitting at +250 back in July 2022, with his now biggest rival, Joe Biden priced at +550. It was Ron DeSantis who split the two at +300, but he has now pulled out of the race.

Right now, Donald Trump is the -110 favorite to win the 2024 Presidential Election, as he is now odds-on after winning in Iowa and New Hampshire, with DeSantis pulling out also affecting his odds.

Check out the table below for the Donald Trump 2024 Election Odds.

2024 Election Odds: Joe Biden Odds for the 2024 Presidential Election

Donald Trump has come flying out of the gates to start his third Presidential campaign, and Joe Biden will have his work cut out to secure a second term in the White House.

All is not lost though, Biden has gone from +550 back in July 2022 down to +188, which means his implied probability of winning is 34.8%.

Below you can check out how Biden's odds have developed from 2022 until now, and his chances of winning the 2024 Presidential Election.

Recent 2024 Presidential Election Updates

Voters are back out in their numbers voting for their Republican and Democratic candidates, which is having an overall effect on the current 2024 Election Odds.

Here is a recent timeline of what has happened.

January 15th, 2024 - Donald Trump wins the 2024 Iowa Republican Presidential Caucuses by a 30-point margin. This was the biggest win by a non-incumbent. Trump received 51% of the vote, with Rob DeSantis in 2nd at 21.2%.

January 23rd, 2024 - Donald Trump beats Nikki Haley at the 2024 New Hampshire Republican Presidential Primary. Trump received 54.4% of the votes, with Nikki Haley receiving 43.3%.

These are massive results for Donald Trump. It is unusual for a non-incumbent to win both as no one else has ever done it. Mitt Romney came close in 2012 but lost narrowly in Iowa. He also took less than 40% of the vote in New Hampshire and less than 25% in Iowa.

This is why Trump has shortened so much in the 2024 Election Odds, as his case only grows stronger as 2024 gets underway.