2024 US Presidential Election Odds: Odds slashed on Trump after victory in Iowa

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2024 US Presidential Election Odds: Odds slashed on Trump after victory in Iowa

 

Former US President Donald Trump is favourite to return to office in the US Presidential Election 2024 with most leading bookmakers going a little over Evens after a convincing victory in Iowa.

The odds on Donald Trump winning the 2024 US Presidential Election have once again shortened following a landslide win in Iowa, the 77-year-old achieving his first victory for the presidential nomination and further cementing his position as the clear favourite in the market.

Indeed, some bookies go just 1/6 that the 45th US president wins the Republican nomination race and his reported 51% backing was the largest share of the vote ever achieved in a contested Iowa caucus. His win came hot on the heels of a Colorado court ruling that Trump be removed from the state ballot due to him inciting an insurrection, this ruling coming under the 14th amendment of the US constitution.

Trump is now a best price of 6/5 (lowest odds Evens) to become the next president of the USA, ahead of current premier Joe Biden at a best price of 2/1 (lowest odds 7/4). This is the biggest gap between the two favourites in the market since late 2023 and Trump has been dominant in the betting since 19th December.

The surprise fourth favourite in the betting market (behind Nikki Haley at a general 16/1) is Michelle Obama at a best price of 17/1 to become the first female president of the USA.

 

US Presidential Election 2024 Winner Best Odds

 

6/5  –  Donald Trump

2/1  –  Joe Biden

16/1 –  Nikki Haley

17/1 –  Michelle Obama

25/1 –  Gavin Newsom