The betting odds for the next US presidential election changed significantly on Sunday, July 21, when President Joe Biden officially announced that he would not seek reelection. Prior to Biden’s historic decision, our top online betting sites had the current president’s odds of winning the 2024 election set at around 2.60 while Trump’s odds hovered around 1.65.

With the odds for the next US president changing so drastically on July 21, we at MightyTips thought that election bettors would benefit from an update. Biden’s departure has significantly altered the betting landscape and you need to know how this has affected the betting odds of the next US president.

The Democrats are now faced with the task of selecting their nominee. Once that happens, you can be sure that we will provide you with another update as this process will inevitably alter the odds once again. As a point of interest, these election odds open up a lot of possibilities for hedging further down the road.

This US presidential election betting guide will examine some of the wagers that punters can make leading up to the election. No matter which candidate you want to bet on, make sure to shop around at our top betting sites so that you get the very best betting odds for the next US president.

The odds on the next US president may vary depending on which of our top betting sites you go to. As such, those who want to bet on the election need to shop around for the best US next president odds. There is a huge difference between getting a candidate at, say, 1.60 and getting him/her at even money. That’s the type of discrepancy we’re talking about with this particular situation. While this isn’t yet a true arbitrage scenario simply because there are few other horses in the race, some may treat it as one. Especially if the differences in the next US president odds for 2024 at betting sites remain significant in the days ahead of the election.

Barring some kind of unforeseen catastrophe, Donald Trump will lead the Republicans into the 2024 election. The same can’t be said of the Democrats who now have several candidates vying for the nomination. These hopefuls include Kamala Harris, Hillary Clinton, and Gavin Newsome. Even Kanye West’s name is in the mix. So, what are the Kamala Harris odds? Trump’s odds? How about the other candidates? Let’s find out.

So, who is favored to win the 2024 presidential election? Well, it seems clear that Trump is the favorite as of late July, but that could easily change leading up to the election. Here are the 2024 presidential election odds at one of our best online sports betting sites.

The first bookmaker has the following odds for the next US president:

• Donald Trump - 1.57
• Kamala Harris - 2.62
• Michelle Obama - 26.00
• Hillary Clinton - 34.00
• Robert Kennedy Jr. - 51.90
• Gavin Newsome - 101.00
• Nikki Haley - 201.00
• Gretchen Whitmer - 201.00
• Elizabeth Warren - 301.00
• Josh Hawley - 301.00
• Kanye West - 500.00

Will Trump win in 2024? Well, most top bookmakers had former president Donald Trump’s betting odds listed at about 1.70 before Biden stepped down. His odds have slightly improved to 1.57. If you think that Trump will win, then it might be a good idea to head to one of our top-ranked bookmakers and bet on him now.

Once a Democratic nominee is chosen, it would be reasonable to expect Donald Trump’s election odds to drop at least a bit which will rob Trump bettors of value. Depending on who replaces Biden, those odds could drop considerably. At the same time, there isn’t much reason to think that Donald Trump’s president odds will get much higher. Of course, anything can happen between now and election day.

Donald Trump. America's next President come November. The Dems, led by Joe Biden are so scared right now. pic.twitter.com/UvgNevQT1e

— Phil Mwangi (@Phil_MikeMwangi) July 14, 2024

If you just look at the odds, Kamala Harris appears destined to at least earn the Democratic nomination. However, even though the Vice President has Biden’s support, it does not mean that she’s necessarily a shoe-in to win the Democratic nomination let alone the US presidential election.That said, the bookies have set the Kamala Harris presidential odds at 2.62. Meanwhile, many of our top US presidential election betting sites have Harris listed as an overwhelming favorite with 1.03 odds.

Harris’ closest competition appears to be ex-First Lady Hillary Clinton who is listed at 15-1 to win the Democratic nod. The odds of Kamala Harris becoming president will likely get a bit shorter if she earns the nomination. Look for the Kamala Harris next president odds to remain steady until that decision is made.

BREAKING: Kamala Harris is demolishing Donald Trump for his Project 2025 which plans to cut Social Security and Medicare. Retweet so all Americans know exactly whata€?s at stake this November. pic.twitter.com/GPw4lkWI6a

— Kamalaa€?s Wins (@harris_wins) July 23, 2024

Another ex-First Lady, Michelle Obama, is also in the running to win the Democratic nomination. Her US election odds are hovering around 26.00 which is quite the drop from the 13.00 odds she had when Biden was still in the running. Yes, it’s a long shot, but she appears to have a significant edge over many other candidates. Those 26.00 presidential odds for 2024 will only shorten should she become the face of the Democrats.

Robert Kennedy Jr. rounds off our shortlist of forerunners. While his odds of about 51-1 make it look like he’s got no chance, he does have an opportunity to overcome those long odds with Biden out of the picture. Of course, he would need to beat out a few other candidates including Michelle Obama, Gavin Newsome, and Kamala Harris. Still, his chances would be fair to middling if not better. Like the other possible Biden replacements, it would be a good idea to bet on him now if you think he will shake up the DNC and earn the nomination.

American presidential elections can be a lot of fun. We’re not talking about the debates and speeches even if they often provide memorable moments. We’re referring to the exciting betting action. Now that you know the odds for the next US president, who do you want to put your money on? Whoever it is, be sure to invest a bit of time odds shopping so that you get the very best price. Our top-rated bookmakers have the best presidential odds for 2024 along with valuable bonuses and fast payouts.