- President Donald Trump is already listed on sportsbooks as the favorite (+160) for the Republican Presidential nomination in 2024.
- The 2020 Presidential Election will take place on November 3, where Trump is entering the voting period as the underdog (+150) against Joe Biden (-180).
- Donald Trump will have to lose the 2020 Election to qualify for the 2024 race.
WASHINGTON – The 2020 Presidential Election will be taking place next week but sportsbooks already have odds posted for President Donald Trump being the frontrunner for the Republican candidacy in the 2024 Election. What does this mean exactly?
According to the 22nd Amendment of the United States Constitution, no President can serve more than two terms in office, which means sportsbooks think Trump will not be re-elected in 2020, making him a viable candidate in 2024.
But, what are his election odds exactly?
The 2024 Presidential Election Odds
Presidential Election odds for 2020 don’t look to good for the Trump campaign at the moment. As far as the 2020 Presidential Election is concerned Biden is the favorite to win the Presidency with odds of (-180) while Trump has (+150) odds.
If Trump fails to get re-elected, he is automatically eligible to run for the 2024 Presidential Election. Only one American President has served two terms non-consecutively in the entire history of the country and that President was Grover Cleveland. Cleveland was the 22nd and 24th President of the United States.
Trump could very well be the second President in American history to serve two non-consecutive terms if he ends up losing the 2020 Election and decides to run again in 2024.
Currently, he holds odds of (+160) and is the favorite for the Republican party nomination for 2024. To round out the top five Republican candidates on sports betting sites for the 2024 Election are Nikki Haley (+250), John Kasich (+1000), Mark Cuban (+1000), and Mike Pence (+1000).
For the Democratic party side of candidates, Alexandria Ocasio-Cortez is tied with Joe Biden with odds of (+300). Following those two top choices are Kamala Harris (+350), Elizabeth Warren (+800), and Bernie Sanders (+1000).
The 2024 Presidential Election is scheduled to occur on November 5, 2024. It will be years before any candidates throw their names in the ring to run but there are already lists of rumored potential candidates and many of the sportsbook choices are on those lists.
The 2020 Presidential Election still needs to happen before President Donald Trump can be a real choice for 2024 political bets despite being the current favorite.
November 3 is when voters in the United States will make their choice on who will be President for the next four years. Until the results are in, the safer bet would be to hold off on wagering on Trump for 2024.
The underdog may still be able to get the win in 2020 as stranger things have happened, and with Trump’s history that phrase certainly rings true. Legal sports betting sites will surely adjust the odds after Election Day 2020.
News tags: 22nd Amendment | Alexandria Ocasio-Cortez | AOC | Bernie Sanders | Democratic candidate | Donald Trump | Elizabeth Warren | Grover Cleveland | Joe Biden | John Kasich | Kamala Harris | Mark Cuban | Mike Pence | Nikki Haley | November 3 | Presidential Election 2020 | Presidential Election 2024 | Republican candidate | US Constitution | Vote
Christina has been writing for as long as she can remember and does dedicated research on the newly regulated sports betting market. She comes from a family of sports lovers that engage in friendly bets from time to time. During the winter months, you can find Christina baking cookies and beating the entire staff at Mario Kart…the N64 version of course.