DeSantis surges, Biden fades in 2024 election odds

Published November 3, 2022 5:11pm ET



President Joe Biden, whose recent mental and verbal fumbles have led to growing calls to step aside in the 2024 election, has fallen behind former President Donald Trump and Florida Gov. Ron DeSantis in the latest betting odds.

The folks at Covers tell Secrets that against the two Republicans, Biden stands just a 16.69% chance of winning.

Trump is tops at 25% and DeSantis at 23.26%.

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The biggest change is for DeSantis, who has surged in the odds as he steps out nationally to help GOP congressional candidates and as he cruises to reelection himself. He is widely viewed as the next-best hope for the GOP.

Overall, according to the analysis:

“Shortly after the inauguration, Vice President Kamala Harris was atop the presidential odds board at +350, with Biden close behind at +400, and Trump in third place at +650. Those odds have shifted massively, and Trump is now alone at the top of the board as 2024 U.S. presidential election favorite at +300 (implied probability = 25.00%) with DeSantis trailing slightly behind him. Biden has now dropped to third place at +500 (16.69%), which is shorter than it was a month ago, while Harris has plummeted all the way to fourth place at +1,200 (7.69%). Other presidential betting favorites for 2024 include governor of California Gavin Newsom (+1,400, 6.67%) Trump’s VP Mike Pence (+1,800, 5.26%), Secretary of Transportation Pete Buttigieg (+2,500, 3.85%), and former South Carolina governor Nikki Haley (+2,800, 3.45%).”

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As for DeSantis, it added:

“The biggest riser on the presidential election odds board is DeSantis, who was +6,600 (1.49%) a year ago, +550 (15.38%) at the start of July, and is now at +330 (25.00%). The 43-year-old remains coy about whether he will run for president but has become a Republican firebrand figure for his laissez-faire policies during the COVID-19 pandemic and his enactment of the Stop WOKE Act.