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 (+137) and the incumbent President Joe Biden (+225). America’s current Commander-in-Chief is a leading candidate in the 2024 election, but betting odds 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 +2500 odds to win, and California Governor Gavin Newsom, who is priced at +600 — ranking him third in betting odds amongst the list of candidates.

Donald Trump+137 (42% Chance)
Joe Biden+225 (31% Chance)
Gavin Newsom+600 (15% Chance)
Nikki Haley+800 (11% Chance)
Robert Kennedy Jr.+1800 (5% Chance)
✅ Last VerifiedDecember 1, 2023

The 2024 presidential election odds also include several long shots. Florida Governor Ron DeSantis, who was once considered a favorite to win the presidency in 2024, has found himself with the seventh-best election odds to win at +2800. DeSantis, who has declared his intention to run for president, has lost ground to Nikki Haley (+800) in the race to win the republican nomination from Trump. He may be soon be forced to turn his focus to the vice president race. 

Other candidates who have lost ground in late 2023 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.

  • 📅 January 15, 2024: The Republican party presidential primaries begin in several jurisdictions across the US.
  • 📅 January 31, 2024: The Federal Election Commission requires submission of year-end reports for candidate committees.
  • 📅 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 +225. But he is only slightly behind former President Donald Trump, who is priced at +137. 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.

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 US, 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 overs 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 +137, while Biden is slightly behind at +225. Gavin Newsom remains the candidate with the third-best odds on the platform at +600. Nikki Haley rounds out the top four candidates on Bet365 with +800 odds to win the 2024 presidential election.

How to Read the Presidential Odds

Reading the 2024 presidential election betting nomination odds is fairly straightforward, and we'll use Biden and Trump to explain how it works. Trump is +137 to win the election. That means a bettor who wagers $100 on Trump will get $237 back as profit (which includes their $100 stake). Biden is also priced with positive odds, at +225. Here, a bettor needs to wager $100 just to get $325 in profit (plus their stake). That shows just how much of a favorite Trump is right now across election odds, but the margin is still slim.

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. On Sept. 26, a public policy poll on the presidential election in Pennsylvania reported Biden had the favor of 48% of voters, while Donald Trump received 45% of votes.


Justin Byers previously worked at Front Office Sports as a Business Writer with stops at FanSided covering the NBA and at the Indianapolis Star as a Sports News Clerk. Byers received his B.A. in Political Science from Emmanuel College and M.A. in Sports Journalism from Indiana University. He currently resides in Indianapolis.

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