Former President Donald Trump is the betting favorite to win the 2024 presidential election, according to the online sports betting site, Sportsbook.com, the Washington Free Beacon reports.
Trump led a pack of candidates with 8-5 odds that he can win, far outstripping President Joe Biden, who came in second place with 7-1 odds.
Third on the list was Florida Gov. Ron DeSantis (R) at 8-1 odds. Vice President Kamala Harris, and Transportation Secretary Pete Buttigieg shared the fourth place spot with 20-1 odds.
The Las Vegas Review-Journal has said since October that Trump was more likely to win in 2024 than Biden, and Trump’s odds have steadily increased since then.
A majority of Democratic voters want Biden to run for re-election in 2024, and he recently said that he would make a run if he is “healthy,” which raised plenty of new questions.
But with his approval ratings down in the 30s currently, and especially his ongoing poor performance with independents, it may be difficult for him to get enough traction to secure another term.
Biden is struggling with his economic policy, having passed huge spending bills that have caused soaring inflation, and he reversed energy policies that have sent prices skyrocketing. In addition, Biden has ignored both large numbers of illegal immigrants coming across the border that could take American jobs, and an increasing number of Americans more than happy not to work if the government gives them enough free money.
Biden has also seen increased frustration with his COVID-19 policies, especially vaccine mandates, and an increasing willingness to give up earlier 2020 campaign promises to get rid of COVID-19 altogether.
Another shot for Trump
Biden narrowly beat Trump in 2020; a swing of about 20,000 votes in key swing districts could have given the Electoral College to the former president.
But will voters be willing to look past Trump’s mean tweets and personal attacks to give him another shot at turning the country around, much like he did in 2016?
Trump has hinted on several occasions that he will run again in 2024, but has not yet announced a formal decision to do so. In December, Trump said his “base is going to be very angry” if he doesn’t run.
The betting site also found that 83% of bettors expect Republicans to retake the House in the 2022 midterms, and 70% expect them to also retake the Senate.