US Presidential Election 2024: Biden Out, Harris In — Who Do Oddsmakers Like?

Before getting to the latest 2024 U.S. Presidential Election odds, be sure to check out BetOnline. BetOnline is a market leader in sports betting, offering various options regarding American politics, including when it comes to who’ll be the next United States President.


Over the weekend, the election season, which was already considered historic, reached new heights.

Just over a week after Republican nominee Donald Trump survived an assassination attempt, United States President Joe Biden announced that he won’t be seeking reelection this November. “While it has been my intention to seek reelection, I believe it is in the best interest of my party and the country for me to stand down,” Biden posted to social media on Sunday, adding that’s focused on working hard for the remainder of his term.

“I plan to address the Nation later this week, providing more comprehensive information about my decision.”

Concerns emerged regarding Biden following a presidential debate with Trump on June 27. The current president seemed incoherent and struggled to speak at times, leaving viewers to wonder if it was finally time for the 81-year-old to step aside and let someone younger take over.

With the United States finding itself in unprecedented times (again), many are wondering what’s next for the Democratic party as November nears.

Thankfully, the recent U.S. Presidential Election odds provided by BetOnline offer valuable insights into the race.

US Presidential Election 2024: Democratic Nominee Odds Following Biden Announcement

U.S. Presidential Election odds are courtesy of BetOnline at 3:57 p.m. ET on Monday, July 22. 

  • Kamala Harris (-2000)
  • Michelle Obama (+1200)
  • Hilary Clinton (+4000)
  • Joe Manchin (+5000)
  • Gavin Newsom (+8000)
  • Gretchen Whitmer (+8000)
  • J.B. Pritzker (+10000)
  • Elizabeth Warren (+15000)
  • 16 others between +25000 and +500000 odds

After President Biden’s announcement, Vice President Kamala Harris has emerged as the Democratic nominee for the 2024 election. With odds of -2000, Harris is believed to have an implied probability of 95.2%.

It isn’t much of a shock to see Harris leading this race. After all, Biden already gave the 59-year-old his endorsement after announcing his exit from this year’s election. Besides, the next two candidates don’t make a ton of sense. Michelle Obama — albeit a former First Lady — likely isn’t too keen about returning to the White House while Hilary Clinton already lost to Trump in 2016.

In addition, Harris has gained endorsements from prominent figures such as former Speaker of the House Nancy Pelosi, Illinois Governor JB Pritzker, and California Governor Gavin Newsom. Given that both Pritzker and Newsom are potential contenders for the Democratic nomination, it is evident that Harris is currently the frontrunner and her position is at risk if she does not perform well.

However, although Harris is undoubtedly the frontrunner to lead the Democrats in this year’s election, does she possess the necessary qualities to emerge victorious?

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US Presidential Election 2024: Odds to Be President

  • Donald Trump (-200)
  • Kamala Harris (+185)
  • Michelle Obama (+2000)
  • Gretchen Whitmer (+10000)
  • Hilary Clinton (+10000)
  • Gavin Newsom (+12500)
  • George Clooney (+15000)
  • Andy Beshear (+25000)
  • Josh Shapiro (+25000)
  • Pete Buttigieg (+25000)
  • Mark Kelly (+25000)
  • Roy Cooper (+25000)
  • Wes Moore (+25000)
  • J.B. Pritzker (+30000)

In less than four months remaining until the election, Donald Trump holds a -200 favorite position (a 66.7% chance) according to BetOnline to secure the title of the next President of the United States. If he succeeds, the 78-year-old would become the first president since Grover Cleveland to serve a second term after a four-year gap from his initial term.

Harris stands out as the sole candidate on the list who has a genuine chance of becoming the next president. With odds of +185, her chances are significantly higher compared to the next potential candidate, Michelle Obama, who has odds of +2000. This implies a probability of 35.1%. Although these odds may not be the most favorable, Harris’ prospects could dramatically increase depending on her choice for a running mate in 2024.

Outside of Harris and Trump, there isn’t anyone worth monitoring. Most significant Democrats are already siding with Harris while Obama and Clinton won’t happen, as mentioned before. Iconic actor George Clooney (+15000) is even on the list, however, that has more to do with how outspoken he was about Biden stepping down. Besides, it isn’t unusual to see celebrity names popping up on these odds lists.

That being stated, it is highly likely that American voters will witness a Trump vs. Harris showdown in the upcoming autumn.

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U.S. Presidential Election 2024 Betting FAQ

When is the 2024 U.S. Presidential Election?

  • The date for the 2024 United States Presidential Election has been set for Tuesday, November 5th.

When can I vote in the 2024 U.S. Presidential Election?

  • Even though the election isn’t until November, dozens of states will offer early voting opportunities with the earliest taking place on Sept. 20.

Who won the last 2024 U.S. Presidential Election?

  • Joe Biden from the Democratic Party emerged victorious in the 2020 U.S. Presidential Election, triumphing over Republican candidate Donald Trump.

How can I bet on the 2024 U.S. Presidential Election?

  • Most online sportsbooks — including BetOnline — offer various betting options regarding the 2024 U.S. Presidential Election. Although it’s up to personal preference, you can find some of Betting News‘ favorite sites below:

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