Joe Biden Odds: Latest Specials Betting On US President

Betting sites believe Joe Biden will not run again for US president in 2024 and that his chances of winning the race haven’t improved despite the FBI investigation into Donald Trump.

Biden was expected to receive a polling boost upon the news that Trump's Mar-a-Lago home had been raided by agents seeking to recover classified documents.

Naturally, Trump has called foul on the raid - although the partially-redacted court papers outlining why his home was searched suggests the ex-president could well be in trouble here.

His odds worsened after the raid which, coupled with the January 6th hearings, has helped paint a more detailed picture of what Americans would be getting if they re-elected the businessman in 2024.

But while Trump’s chances of recapturing the White House have worsened, Biden’s have not significantly improved either. 

Thankfully for the Democrats though, the president doesn’t look likely to call it quits before his four years are up.

Joe Biden Odds

According to political betting sites, Biden has a 70% chance of serving his full first term in the Oval Office. 

This might sound like an alarmingly poor judgment on the longevity of the leader of the free world, but bookmakers have been grappling for months on whether or not Biden will cede power early.

The fact he contracted Covid-19 twice within the space of a month set alarm bells ringing among Democrats.

At 79, scrutiny over Biden’s ability to run the country has followed him since he beat Trump in 2020.

And while betting apps are backing Biden to see out his first term in office, they don’t expect him to run in 2024 as their odds have held steady at around 4/7 on Biden stepping down after one term.

It means we’re unlikely to see another Biden vs Trump battle for the White House. Instead, it could well be Kamala Harris vs Trump, or even Harris vs Ron DeSantis.

Who Will Win The Next US Election?

Bookmakers aren’t exactly sure who will be the presidential nominee for either of America’s two big political parties. 

On the left, Biden’s VP Harris could well succeed the president, although Pete Buttigieg and Gavin Newsom are well placed to rival Harris here.

On the right, Trump and Florida governor DeSantis are neck-and-neck as the 3/1 favourites in the 2024 US Presidential election betting to end up in the White House. However, one of them needs to win the GOP primaries first.

Trump has a big support base, but DeSantis is seen as someone who could attract centrist voters over to the right - and he doesn’t have federal investigations hanging over his head.

One of the big questions heading into the next US election is whether Americans are ready for Trump again. 

The four years of his first reign were marred by a perpetual media maelstrom, where populist messaging was championed over policy.

Trump’s pride was sorely wounded in the 2020 election loss, which is why he hit out with unsubstantiated claims that the vote was rigged.

He likes a conspiracy - see the Mar-a-Lago raid as the latest in a long line - and that appeals to certain voters. Whether it would be enough to get him past DeSantis and then, possibly, Harris remains to be seen.

But what the bookies are confident in is that Biden won’t be there to compete again.