The 2024 U.S. Presidential election is scheduled to be held in November and as of this writing, the two main candidates to win are former President Donald Trump and current President Joe Biden. Trump is listed with U.S. Presidential odds near even money, while Biden’s betting odds are approaching +200. The only other person attracting substantial money is former first lady Michelle Obama and she isn’t even a candidate. Some people have speculated that Biden will announce at the Democratic National Convention in August that his health will prevent him from running and the DNC will nominate Michelle Obama. That is why she is third in the betting odds at +700. Let’s look at the 2024 U.S. Presidential odds and some of the stories to keep in mind as the election gets closer.
2024 U.S. Presidential Betting Odds
Donald Trump +104
Joe Biden +180
Michelle Obama +700
Nikki Haley +1600
Gavin Newsom +2200
Robert F. Kennedy Jr. +4200
Kamala Harris +6300
Elizabeth Warren +21000
Vivek Ramaswamy +25000
Ron DeSantis +26000
Dean Phillips +30000
Hillary Clinton +32500
Gretchen Whitmer +32500
Jamie Dimon +35000
Joe Manchin +40000
Tucker Carlson +52500
Oprah Winfrey +62500
Donald Trump Jr. +65000
Kristi Noem +72500
Dwayne Johnson +73000
Mark Cuban +75000
J.B. Pritzker +110000
2024 U.S. Presidential Contenders
Based on the current odds there are only seven contenders, but in reality, there are probably only five. The chances of Robert F. Kennedy Jr. winning as an independent are virtually zero and the chances of Kamala Harris running are probably also zero. The two favorites at Donald Trump and Joe Biden, but it is not a foregone conclusion that either one is going to make it to Election Day. Trump has numerous legal issues to deal with, plus the fact that there are people who will do anything to ensure he doesn’t become President again. Biden is in poor health, both physically and mentally, and there are no guarantees that he will make it to November. It is worth noting, however, that never in history has a major political party failed to renominate an incumbent President when he has been eligible to run for re-election. But live in a world now where the unthinkable is possible, so with wars and pandemics, will the 2024 U.S. Presidential Election even take place? And if it does, will it be fair?
The rumors surrounding Michelle Obama being a candidate are interesting, but all of the value in betting her to win is now gone. She has said in the past that she doesn’t want to run, although history has shown that what a person says can be different than what they actually do. The Democratic Party may convince her to run if they can’t find a way to push Biden over the finish line. They seem unwilling to give Gavin Newsom a chance, as they think Newsom is unelectable.
The Republican Party could be in a similar situation, as Trump is not certain to be a candidate. There are many people who simply hate Trump and will do whatever it takes to ensure he doesn’t run. If Trump has to pull out for some reason, then the Republicans would likely be stuck with Nikki Haley. She is not a candidate that gets at lot of Republican support, as she is seen as a Neocon who is more like former President George W. Bush.
It is interesting to note than in United States history, only Grover Cleveland served two terms as U.S. President that were not consecutive. He served his first team from 1885-1889 and served his second term from 1893-1897. If Trump does win the 2024 U.S. Presidential Election, he would be the oldest president in history. He turns 78 years old in June and that would mean he would be nearly 83 when his four-year term ends. Biden would be even older, as he is 81 years old and will turn 82 in late November. That would put him at 86 years old at the end of another four-year term.
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