With Sportsbooks Heavy on Republicans, Dem Odds Are Value

  • Online sportsbooks have Ron DeSantis as a +195 favorite to win the office of President of the United States in 2024.
  • Joe Biden, the current President, is curiously underrated on futures odds boards relative to his odds to win the nomination.
  • Donald Trump has fallen significantly behind DeSantis in terms of odds to win the Republican nomination.

LAS VEGAS - The online sportsbooks are huge on Ron DeSantis to be the next President of the United States.

US Presidential Election 2024 - Odds To Win

  • Ron DeSantis +195
  • Joe Biden +300
  • Donald Trump Sr. +700

DeSantis is now the outright favorite at online sportsbooks to win the election, with +195 odds, and Donald Trump Sr., the former President, has fallen to +700 odds.

US Presidential Election 2024 - Republican Presidential Candidate Odds

  • Ron DeSantis -110
  • Donald Trump +250

DeSantis is the odds-on favorite to win the Republican nomination, as he’s been creeping up odds boards ever since the disastrous 2022 midterm elections for Republicans – a result that was blamed on former President Trump’s endorsement of bad candidates.

Trump, for his part, claims that the midterms were “not my fault”.

Current President Joe Biden has remained mostly steady with +300 odds – he seems likely to run, and a Republican has been favored to win in 2024 almost since he took office.

US Presidential Election 2024 - Winning Party Odds

  • Republican -130
  • Democratic +120
  • Any Other +3000

That said, if one believes that Biden will run, it seems hard not to take him at +300 odds, as incumbent Presidents almost never lose their party’s nomination.

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His +300 odds are far longer than what the Democratic Party has in terms of odds to win the Presidency in 2024.

US Presidential Election 2024 - Democratic Presidential Candidate Odds

  • Joe Biden -200
  • Field +150

Biden also has -200 odds to run and win the nomination for the Democratic Party.

A parlay of -200 odds and +120 odds – Biden’s odds to win the nomination and the Democratic Party’s odds to win the presidency – would yield +230 odds.

Biden’s actual politics betting odds being longer than this suggest that his +300 odds are a good value proposition.

Who Will Win The Presidency? Trump/DeSantis/Biden