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Joe Biden to win the 2024 US Presidential Elections Odds

* April 2023: +183 (35.3% implied probability)

* January 2023: +258 (27.9% implied probability)

* November 2022: +516 (16.2% implied probability)

* April 2022: +450 (18.2% implied probability)

According to sportsbooks’ odds, Joe Biden, the current President of the United States, is the favorite to lead in the heated race for the 2024 Presidential Elections. The 46th US President’s odds currently stand at an average value of +183. Eager to find out how Biden’s odds have fluctuated over the past year, we looked into some archived figures as well. As per data available via the Wayback Machine, the Democrat’s odds to be reelected reflect a positive tendency. The Implied Probability based on the average values from 12 months ago shows an upward trend from 18.2% to 35.3% as of today.

Donald Trump  to win the 2024 US Presidential Elections Odds

* April 2023: +250 (28.6% implied probability)

* January 2023: +875 ( 10.3% implied probability)

* November 2022: +241 (29.3% implied probability)

* April 2022: +250 (28.6% implied probability)

As of April 2023, bookies deem Donald Trump as the second most likely candidate to ascend to the presidential position in the 2024 US elections as his odds average out at +250. The prognosis is less favorable towards the political figure than what we witnessed in late 2022, seeing as his odds in November 2022 were +241. 

His current situation is still a considerable improvement on his odds in January 2023. At the time, they had skyrocketed to +875. This, however, might change in the upcoming months. As Donald Trump appeared at the courthouse on April 05, 2023, to face 34 felony charges, he pleaded not guilty and claimed that the case against him was propelled by political interests. The next court hearing is scheduled for December.

Ron DeSantis  to win the 2024 US Presidential Elections Odds

* April 2023: +350 (22.2% implied probability)

* January 2023: +167 (37.5% implied probability)

* November 2022: +319 (23.9% implied probability)

* April 2022: +580 (14.7% implied probability)

Ron DeSantis, the 46th Governor of Florida, currently ranks third in regard to the prospects of assuming the nation’s highest office. From 14.7% 12 months ago, his implied probability of becoming the 47th President of the United States surged to 23.9% in November 2022, and 37.5% in January 2023. Currently, however, we can see a downward trend in his support, with his chances of success declining to 22.2%.

Considering the above figures and the topics currently trending in international media outlets concerning the forthcoming US Presidential Elections, we can draw several conclusions:

Odds point towards Biden despite possible setbacks

Many politicians and voters have expressed their concerns regarding Biden’s advanced age, especially at the time of his potential inauguration оn January 20, 2025. Bookies do not miss the chance to offer punters a variety of betting markets covering other noteworthy Democratic presidential candidates.

The indictment of Trump

With Donald Trump becoming the first former US president to face indictment in court, bookies are hesitant to lower the odds attached to his potential victory. Although a criminal record will not, legally, prevent him from running for the presidential position, the situation is expected to negatively shift public opinion of the political figure.

Ron DeSantis was the bookies’ clear frontrunner in January 2023

In January 2023, when Ron DeSantis’ odds of winning America’s presidential race stood at +167, the chances of both Biden’s and Trump’s respective victories took a downward turn. January 3rd saw Ron DeSantis’ reelection as Florida’s Governor, and it is likely that this success, along with his speech and promises, gave bookies and punters the confidence that he would succeed on a national scale as well.

“Despite the controversies that surround Donald Trump, he continues to be among the top candidates to win the 2024 elections. He is currently second only to Biden, and for now, even his recent indictment and behavior in court have not managed to cause his odds for success to plummet. It is also worth noting that it is uncertain whether the Democratic Party’s leader will run for President. Sportsbooks could be overestimating Biden’s true willingness to remain in office for another term, given the fact that he celebrated his 80th birthday last November. With this in mind, Kamala Harris and Gavin Newsom are thought to be next in line to succeed him, although the situation with both is questionable at best. Kamala Harris has been on the receiving end of harsh criticism from members of both the Democratic and Republican parties for some time now. As for Gavin Newsom, his assertion that he would not be running in the elections is something to keep in mind. On the Republican side of things, Ron DeSantis typically joins Biden and Trump in having a relatively high implied probability as a presidential candidate. Although less controversial than Trump as a whole, his policies regarding certain issues such as Covid-19 measures, remain a bone of contention among some future voters, while others have been supportive of his decisions.” - comments Marcus Goldberg, odds analyst at SuperBettingSites.

SOURCE SUPERBETTINGSITES