US election odds for the next presidency are well underway. Joe Biden may only be months into his first term, but there's always a market for presidential election odds, as election 2024 odds went on the board right after he was named president.
US election betting has emerged as one of the biggest betting markets in the world, exceeding $2 billion in handle in 2020, and sportsbooks are eager to cash in over the next four years as well.
Let's take a look at the presidential election betting odds and see who has the best US election betting odds to be named next president.
Odds to win the 2024 US Presidential Election
|Election Winner||Odds to win 2024 US election|
|Donald Trump Jr.||+3,300|
Odds courtesy of William Hill on April 11, 2021.
Favorites to win the 2024 US Presidential Election
Kamala Harris, who is serving as Vice President to Biden, is at the top of the presidential odds board at +350, while Biden is in second place at +400.
Harris was previously on the US Senate and has also served as the Attorney General of California. At 56 years of age, Harris is entering her political prime and ran for the Democratic nomination in 2020 before dropping out to endorse Biden.
The MAGA campaign may have lost the most recent election but Trump's presidential odds for 2024 remain strongly in play at +800.
Other presidential betting favorites for 2024 include Trump's VP Mike Pence (+1,000), former South Carolina governor Nikki Haley (+1,200), Florida governor Ron DeSantis, and rising young democrat Alexandria Ocasio-Cortez (+2,500).
Joe Biden's odds of winning the 2024 US Presidential Election
It's rare that a sitting president isn't a higher favorite to win a second term, but Biden was already 78 years old when he entered office. He may be more than willing to step aside in 2024 rather than run at the age of 82, and some analysts believe that an agreement for Harris to take over is already in the works.
Biden has built a reputation for towing the party line and will likely do what the rest of the Democrats think is best, and that might mean letting the younger candidates run for leadership.
Donald Trump's odds of winning the 2024 US Presidential Election
Donald Trump will be 78 when the next election cycle rolls around, but still has +700 odds of becoming the POTUS once again. His odds improved from +1,000 following his second impeachment acquittal. Considering that Biden was able to pull off a victory at the same age, we're not counting Trump out just yet.
The biggest uphill battle for Trump might be winning over a fractured GOP party, but one thing the previous POTUS did was build a base that seems to show more loyalty toward him as an individual than the Republican party as a whole.
Perhaps most interestingly, Trump's children Ivanka Trump and Donald Trump Jr. are relatively high on the election odds board themselves, tied at +3,300. Could we see a new political dynasty in 2024?
AOC's odds of winning the 2024 US Presidential Election
Alexandria Ocasio-Cortez has emerged as one of the brightest young stars of the Democratic Party and is currently installed at +2,500. AOC is currently serving as a member of the U.S. House of Representatives, representing New York's 14th district.
The politically savvy 31-year-old has built a massive online following and will be turning the requisite age of presidential eligibility just before the 2024 election.
Her biggest obstacle may in fact be her own party, with her progressive policies likely to alienate some of her colleagues, unless they soften over time. AOC could run the risk of being another Bernie Sanders if she can't convince the moderates that she is willing to make concessions.
Dwayne "The Rock" Johnson's odds of winning the 2024 US Presidential Election
What would election betting odds be without some celebrity long shots? Kanye West emerged as a massive underdog candidate this past election, but Dwayne Johnson, otherwise known as "The Rock," isn't too far down the presidential odds board at +3,300.
The former WWE superstar and actor doesn't have a history of political aspirations but received plenty of publicity for his endorsement of the Biden/Harris ticket in 2020. It might seem like a political career is a bit out of left field for Johnson, but Trump may have opened the door for future celebrity presidential candidates, especially ones oozing with charisma—and money.
Where can I bet on US Presidential Election odds?
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