Biden Retakes Lead in the 2024 Presidential Election Odds

• Joe Biden is back to having the shortest odds to win the 2024 presidential election at +255.
• Ron DeSantis (+330) and Donald Trump (+375) have the second and third shortest odds.
• A member of the Republican Party is the current favorite at -120 to win the 2024 election.

WASHINGTON – Since the start of the year, Joe Biden has found back as the favorite with the shortest odds to win the 2024 Presential Election.

Ron DeSantis had the shortest legal political odds before the midterm elections but his odds have since lengthened, along with former President Donald Trump.

Current 2024 Presidential Odds

• Joe Biden +255
• Ron DeSantis +330
• Donald Trump Sr. +375
• Kamala Harris +2200
• Gavin Newsom +2500
• Nikki Haley +2500
• Mike Pence +3300
• Michelle Obama +3500

Biden has been the favorite to be the Democrat Candidate for 2024 at -180 during the entirety of his current term, with Kamala Harris having the second shortest odds at +1000. Legal sportsbooks do favor the Republican Party to be the winning party, but not the party of popular vote winner for 2024.

Winning Party Odds

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

Party of Popular Vote Winner

• Democratic -450
• Republican +400
• Any Other +2500

Why Have Biden’s Presidential Odds Shifted?

Even though the odds of the winning party being Democrat are not in his favor, Biden is in a position that could result in him staying in office for four more years. Three of the last four presidents have also served two consecutive terms, with Biden having the chance to keep the trend in motion for 2024.

While it is still under 45%, Biden’s overall approval rating is slowly rising from adults in the US and registered US voters, which could play a role in the shortening of his odds.

Joe Biden’s Past Approval Rating

• April 2022 – 41.9%
• June 2022 – 39.6%
• August 2022 – 41.9%
• November 2022 – 41.4%
• January 2023 – 41.6%
• February 2023 – 43.0%