Updated 2024 US Presidential Election Odds & Prediction

The 2024 US presidential odds indicate that Donald Trump and Joe Biden are evenly matched.

Trump has the slightest edge odds-wise, but both sides have some serious questions that need to be answered. Who will be the next President of the United States?

Let’s take a closer look at the latest pricing at the best political betting sites.

Here are the 2024 US presidential election odds from the best political betting sites. Donald Trump is the current favorite to win, but it’s not by much. Trump is priced at +115 at Bovada, but Biden just a smidge behind at +120.

This indicates that both of these candidates have about a 50% chance to win. That doesn’t make it any easier to predict who will win the US election, but it does provide a decent amount of betting value. If you are able to predict the winner, you can get a decent return on your investment.

Presidential Polling:

Biden (D): 47%
Trump (R): 46%

Biden (D): 44%
Trump (R): 40%
Kennedy (I): 11%

Mainstreet Research / April 28, 2024 / n=851 pic.twitter.com/lGnXyqIzjn

— Polling USA (@USA_Polling) April 30, 2024

To put things into perspective, both of these candidates are massive favorites to win the Republican and Democratic nominees. The better option would be to pick your poison between these two candidates for the Presidential Election, which has both of their odds at +115 or better.

Not only does Bovada offer Joe Biden and Donald Trump’s election odds, but they also offer odds on a ton of other candidates. You can place your bets on other politicians or even celebrities like Kanye West (+10000) and Dwayne “The Rock” Johnson (+100000).

The reason why you should consider betting on the presidential odds for 2024 at Bovada is because they are better than anywhere else. Other sites, like BetUS for example, have Trump and Biden as the only available options, and they are priced at -130 and -110, respectively.

Bovada goes above and beyond with their candidates. Even though some of them have no chance of winning or will even run for president, it’s still nice to have that option. Not only that, but Bovada also has several other political props centered around the presidential election.

Bet on the winning party, the popular vote winner, the popular vote winning margin, and other fun props on their site. Read our Bovada review to find out more about their welcome bonus and other features, or head straight there to place your bets now!

Who is favored to win the 2024 presidential election? Well, that would be Donald Trump, who is trying to earn his second term after losing the 2020 election to Joe Biden. Despite Biden being the incumbent president, Bovada and other political betting sites have Trump out front by a smidge.

Both of them are technically good bets, it just comes down to which one you think is actually going to come out on top. Let’s take a closer look at Donald Trump’s election odds to see why he’s the betting favorite.

First and foremost, I’d like to point out that the US presidential election winner has to win the electoral college, not the popular vote. Hillary Clinton won the popular vote in 2016, but it was Donald Trump who won the electoral college, and thus, the election.

Trump is planning to take a similar path to success in 2024, especially since Joe Biden is projected to win the popular vote. That said, the recent electoral college change gave the Republican candidate more favor for this year’s election.

California, Illinois, and New York were all blue states in 2020 and lost one electoral college vote each. Red states that gained one vote include North Carolina, Florida, and Montana, while Texas was given two additional votes for this election.

If the states all voted the same as they did in 2020, Republicans would have three added electoral college votes, while Democrats would lose one. This is projected to be a very close race, so these three votes are critical.

Trump still has to win a swing state like Michigan or Pennsylvania, and flipping another state would likely get the job done as well.

Will Donald Trump be president again? The betting odds imply that he has the upper hand, and the electoral college change just might be why. Head over to Bovada now to place your bets while they are still in positive territory.

Joe Biden’s election odds for 2024 aren’t too encouraging for his voters. They would like to see Biden out front, rather than neck and neck with the 45^th president. That said, this race is far from over and the incumbent president can still win this thing.

As we know, election results are different every year, but the fact that Biden already beat Trump before is encouraging. Trump steamrolled his opponents in debates, but he had a more difficult time with Biden.

The presidential debates are going to be make or break for Biden. He’s drawn a lot of criticism for a few different things as of late, which could have a lot of undecided voters thinking about Trump. Biden’s handling of the war in the Middle East did not go over well, immediately facing backlash after he decided to launch air strikes in Yemen.

Luckily for Biden, Trump has been busy ramping up the lawsuits since he left the Oval Office. From hush money given to an adult film star to holding classified documents, Trump certainly has his hands full.

Trump is still able to run for president, even if he’s convicted of a crime or crimes. That said, there’s a chance that these legal issues prevent Trump from winning his second term.

In the end, Joe Biden has just as good of a chance to win the presidential election as Donald Trump it seems. You also get more of a return on your investment on Biden than you do for Trump, so head to Bovada to place your wagers!

It’s certainly not easy making a prediction for who will be the next US president. If you are struggling to make your decision, consider the following tips:

The presidential debates are going to be huge later this year. By watching these debates, you can gain some valuable insight before you place your bets. You might find that one candidate performs well in more categories than the other, which could sway your decision.

It’s also about winning over the public. Campaigns will run over the next few months, but real progress is made during the debates. Make sure you are tuning in.

The presidential election odds will shift from now until it’s over. It’s important to check the odds routinely to see if one candidate is falling behind. You might also notice that certain betting sites have better prices than others, as we saw with Bovada.

That might not always be the case, which is why you should also consider signing up at BetUS. They have a 125% welcome bonus and cover tons of political betting markets as well.

Betting on the 2024 US presidential election odds is no easy task. We are essentially down to just Biden vs. Trump at this point, and the odds for both of them to win are about the same. There are more negatives than positives for both sides it seems, but only one of them is going to win.

Who is the favorite to be the next US president? The betting odds have Donald Trump out front at the time of this writing, and he can still manage to win despite facing numerous charges. Biden’s recent actions don’t seem to be doing him any favors, and the timing couldn’t be worse.

For that reason, I will be betting on Donald Trump to win the 2024 presidential election. His best odds are +115, and you can tag along with my prediction by visiting Bovada.

If you are looking for more political betting markets, have a look at the available Donald Trump props below.

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Footnotes:

• Information on former presidents who failed to secure a second term is from Investopedia.
• CBS News provided details about who is running for president.
• Electoral college distribution is courtesy of Archives.gov.