Election 2024 Odds: Who's the Favorite?

Introduction

Election 2024 is still two years away, but the odds are already starting to favor certain candidates. Several factors, including recent polling data, fundraising totals, and political endorsements, all contribute to the oddsmakers' predictions.

The Top Contenders

Joe Biden

Incumbent President Joe Biden is the current favorite to win the 2024 election. He has strong name recognition and incumbency advantages that could help him secure the Democratic nomination and the presidency.

Donald Trump

Former President Donald Trump is also a contender for the Republican nomination. He remains popular among many Republicans, and his recent rallies have drawn large crowds. However, he also faces challenges, including the January 6th Capitol riot and several ongoing investigations.

Other Candidates

Several other candidates are also running for president, including former Vice President Mike Pence, Florida Governor Ron DeSantis, and California Governor Gavin Newsom. These candidates have varying levels of support and could potentially challenge the frontrunners.

The Odds

According to current odds from BetMGM, Biden is the favorite to win the election at -140 odds. This means that a $100 bet on Biden would pay out $71.43 if he wins.

Trump is the second favorite at +250 odds. This means that a $100 bet on Trump would pay out $250 if he wins.

Pence is currently at +800 odds, while DeSantis is at +1000 odds. Newsom is at +1200 odds, and all other candidates are at +1600 odds or higher.

Factors that Will Influence the Election

Several factors could still influence the outcome of the election in 2024. These include:

• The state of the economy
• The results of the 2022 midterm elections
• The candidates' fundraising totals
• The endorsement of political parties
• The media coverage of the candidates

Conclusion

While the odds are starting to favor certain candidates, the 2024 election is still wide open. Several factors could still influence the outcome, and it's impossible to predict who will win with certainty.