Biden Odds for 2024: Biden Presidential Odds and Winning Probability

Fact Checked by Thomas Leary

The 2024 presidential election could be one of the most competitive races in recent memory. The election features two candidates who have served as president: Donald Trump (-110) and the incumbent President Joe Biden (+275). While America’s current Commander-in-Chief is not the leading candidate in the 2024 election, betting odds still reflect a race that could come down to the wire. The odds offer a look into how each candidate is perceived and who they need to defeat in order to earn a win in November 2024.

Latest Joe Biden Odds To Be President in 2024

The 2024 presidential election is poised to be contentious. The race features two familiar foes: President Joe Biden and former President Donald Trump. As the election process moves forward more viable candidates will make their case to serve as "Leader of the Free World." The election odds to win the 2024 presidential election reflect a race with two clear frontrunners but could change at any moment. 

Current betting odds also feature candidates who have yet to declare their intention to run, including former First Lady Michelle Obama who has +550 odds to win.

Donald Trump-110 (52% Chance)
Joe Biden+275 (27% Chance)
Michelle Obama+550 (15% Chance)
Gavin Newsom+1200 (8% Chance)
Nikki Haley+1600 (6% Chance)
✅ Last VerifiedMay 17, 2024

The initial 2024 presidential election odds also included several long shots. Florida Governor Ron DeSantis, who was once considered a favorite to win the presidency in 2024, found himself with the seventh-best election odds to win at +2800 before dropping out in late January. DeSantis lost ground to Nikki Haley (+1600) in the race to win the Republican nomination from Trump. 

Other candidates who have dropped out of the race include entrepreneur Vivek Ramaswamy and former prosecutor Chris Christie. Hillary Clinton is not expected to run for president in 2024.

Key Developments for Joe Biden Odds To Be President

The US presidential election is an arduous process that will continue to take shape as time moves forward. There are several key events throughout the race that can impact a candidate's ability to garner favor with American voters. Many of those events can have an impact on President Joe Biden's odds to win reelection in 2024.

Here are the future key developments of Biden's 2024 presidential campaign.

  • 📅 March 5, 2024: Super Tuesday marks the holding of presidential primary elections for a slew of states, including Alabama, California, Massachusetts, and Texas.
  • 📅 July 15, 2024: The Republican National Convention kicks off at Fiserv Forum in Milwaukee, Wisconsin.
  • 📅 November 5, 2024: National election day begins with all 50 states providing eligible citizens with the ability to vote for a party's candidate of their choosing.

 

Can Biden Win Presidency in 2024?

President Joe Biden has a good chance of being reelected as President of the United States, though the incumbent is not the current favorite to win at +275. He is behind former President Donald Trump, who is priced at -110. President Biden has the opportunity to improve his stock throughout the election process with debates, public appearances, and improving the country during his current tenure.

Biden's reelection campaign took a hit on Feb. 8, when Robert Hur’s special counsel investigation revealed his mishandling of classified documents and cast doubt over the current President's memory. It is worth noting Biden will not face criminal charges for his mishandling of the documents, however.

What Do Sportsbooks Have Biden Presidential Odds At?

Political betting odds are not available at licensed sportsbooks throughout the United States but you can use PA sportsbook promos to win the most betting on big games. Wagering on politics is prohibited in the U.S., therefore presidential election odds are only available on sportsbooks outside the country. We recommend avoiding any offshore operator marketing these odds; most notably because this is not legal at the state or federal level.

Bet365, which covers political betting in Canada, is a sportsbook with varying odds for the 2024 presidential election. The operator has former President Donald Trump as the favorite to win the election at -110, while Biden slightly behind at +275

How to Read the Presidential Odds

Reading the 2024 presidential election betting nomination odds is fairly straightforward, and we'll use Biden to explain how it works. Biden is +275 to win the election. That means a bettor who wagers $100 on Biden will get $375 back as profit (which includes their $100 stake).

The presidential odds following Biden and Trump take a drastic drop.

What Are the Odds of Biden Winning in Pennsylvania?

Pennsylvania, a state with a population of 12.9 million people, presents a unique opportunity for a candidate who is able to win the state due to its 19 electoral votes. In 2020, President Joe Biden captured the Keystone State with 3.4 million votes, winning over 50.01% of total voters.

No PA betting apps offer direct odds on Biden’s chance to win Pennsylvania. However, Biden could have similar results in 2024, according to FiveThirtyEight’s latest polls..

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The experts at PennStakes who bring you the latest updates in Pennsylvania sports betting and online casinos. We pull together decades of experience to give you analysis as well as comparisons of the best PA online gambling apps.

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