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Betting Markets Continue To See Biden As Slight Favourite To Win In 2024

US

Betting markets see President Biden as slight favourite to win the 2024 presidential election with an aggregated implied probability of 34.6% to win, ahead of second favourite, former President Donald Trump with 27.6%.

  • Betting market data supports polling suggesting that Florida Governor Ron DeSantis (R-FL) has falled from clear second favourite amongst Republican candidates to firmly back within the chasing pack - now the third favourite Republican behind outsider Vivek Ramaswamy.
  • Presidential election polling shows little between Biden and Trump. Three recent polls from Morning Consult (Biden +1), Emerson College (Trump +2), and the Messenger (Biden +1) find nothing to separate either candidate from the polling margin of error.

Figure 1: 2024 Presidential Election Betting Odds

Source: RealClearPolitics

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