The lead-up to the 2024 presidential election started with a wide field of Republican candidates vying for the GOP nomination. As the odds turned against the primary candidates, each dropped out until only one was left standing.
Democrats set up their primary so that the odds were blatantly stacked in favor of the incumbent. Joe Biden didn’t have to miss a single nap to garner the presumptive nomination for his party.
Former President Donald Trump has been forced to beat the odds at every stage of his campaign run to retake the White House. Trump may not play the slots when he walks through a casino, but he knows how to work the odds in politics. And his odds are looking strong heading into election day in November.
From The Washington Examiner:
The odds that former President Donald Trump will win back the White House have increased to a record high of 58%, according to political oddsmaker SportsHandle.Its latest election odds tracker of overseas betting on the race shows President Joe Biden trailing badly. His odds of winning reelection are just 39%.
The site said that at 58.6%, Trump’s winning odds are the highest he has seen. What’s more, the site showed that Trump has maintained a lead since last October.
SportsHandle said, “Even in the aftermath of Donald Trump’s historic criminal trial, his chances of winning the election continue to grow.”
And if those odds aren’t bad enough for Biden, the news gets worse for the incumbent. The analysis went on to say that Biden’s numbers dropping to 39% meant his chances fell to his lowest level since mid-March. The analysis showed Biden’s numbers “moving the wrong way” since April which creates a “concerning trend” as the election draws closer.
The betting site also tossed out some interesting odds for everyone participating in debates about who will be Trump’s running mate. Odds for Trump’s vice president showed that Gov. Doug Burgum (R-ND) is the leading choice, followed by Sen. Tim Scott (R-SC).
Burgum holds the top VP spot for the odds maker at a 21.57% chance, up 7 points in a week, compared to Scott in second with an 18.33% chance. Scott is down in the odds since March.
“Burgum and Scott have gone back and forth as the favorite to join the ticket in recent weeks, but the North Dakotan’s three-point lead is the largest either has held over the other since Burgum became seen as a legitimate candidate in early May,” the analysis said.
Betting sites have arguably challenged traditional polls in predicting election results in recent years. Despite being popular in Europe, betting on elections is illegal in the United States.
It’s clear that the upcoming election is shaping up to be one of the most intense in recent memory. Seeing the odds in Trump’s favor should energize us to stay engaged and support policies that prioritize American values.
I’m curious, what are your thoughts on these latest betting odds and how do you see the 2024 election playing out? Do you believe these numbers reflect what Americans really believe? Let’s discuss! Your feedback is important in understanding what’s really going on in America. Share your opinions below!
Key Takeaways:
- Betting odds showed that Trump increased his lead over Biden to win back the White House.
- Political oddsmaker SportsHandle showed Trump leading by 19 percentage points over Biden.
- The betting site said Trump’s odds of winning keep growing as Biden heads the “wrong way.”
Source: Washington Examiner
