Bets are on for US presidency winner 2024

Aleksandar Simonovic July 10, 2023

US presidential elections

The US presidential election is set for November 5th of 2024 and the bets are on for who is going to emerge victorious. Currently, Trump has his fair share of competition within the Republican party with at least thirteen main contenders (of which only one woman, Nikki Haley). Incumbent Joe Biden is up against Marianne Williamson and Robert F Kennedy Jr, nephew of former president John F Kennedy.

150 years of betting on US presidential elections

Records of betting on US presidential elections exist as far back as 1868. It seems like since then, bets have been right on the money except for 2 occasions. In 1948 the odds were 8 to 1 for elected Harry S Truman who defeated Republican rival Thomas E Dewey. More recently, in 2016 Hillary Clinton had a win probability of 78% when she lost to Donald Trump.

What are the odds?

The table below presents the top 8 winner odds for the US presidential elections 2024 of four major UK based sportsbooks. Joe Biden is the favoured winner across the sites (34.72%), with Donald Trump hot at his heels (30.77%). Florida governor republican Ron DeSantis hopes to give Trump a run for his money, trailing in the odds in third position with a probability rate of 14.29%.

US Presidency winner 2024 odds

One may look at the names in the table as a reflection of who the general public favours. Indeed, three names that feature in the list have not even put their names in the race for the Democratic nomination! These include democrat Gavin Newsom, governor of California, Michelle Obama, former First Lady, wife of ex-US president Barack Obama and Kamala Harris, vice president of the US. The odds from US sportsbooks show similar odds

Nigel Farage and his 2020 bet

Who can forget Nigel Farage’s feeling “absolutely optimistic” in 2020 consolidating his certainty of Trump’s win in the 2020 election with this tweet of his £10,000 wager. Oops, sorry Nigel!