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2024 Republican Nominee Odds: Trump, Pence Share Top Spot On Oddsboard

Donald Trump and Mike Pence standing next to each other

While some might feel anxiety at the thought of President Donald Trump running in the 2024 presidential election, others may rejoice and flock to the voting stations. It may be a reality that the former business mogul – after losing the 2020 election despite his assertions and those of others that there was fraud – could throw his hat in the ring once again and run in 2024.

Trump is currently the betting favorite when looking at the 2024 Republican nominee odds, though he shares the shortest odds with Vice-President Mike Pence.

Online sportsbook Bovada has released the 2024 Republican nominee odds with Trump and Pence the co-favorites at +400. They are followed closely by Nikki Haley at +500, John Kasich at +800, Josh Hawley at +1000, Ted Cruz at +1200, Tim Scott at +1400, Tom Cotton at +1400, Dan Crenshaw at +1600 and Bill Weld at +2000 to round out the top 10 names on the oddsboard.

2024 Republican Nominee Odds

Donald Trump Sr.+400+400
Mike Pence+400+400
Nikki Haley+500+500
John Kasich+800+800
Josh Hawley+1000+1000
Ted Cruz +1200+1200
Tim Scott+1400+1400
Tom Cotton+1400+1400
Dan Crenshaw+1600+1600
Bill Weld+2000+2000
Paul Ryan+2000+2000
Carly Fiorina+2500+2500
Donald Trump Jr.+2500+2500
Mark Cuban+2500+2500
Rudy Giuliani+2500+2500
Kristi Noem+300+3000
Candace Owens+3300+3300
Ron DeSantis+3500+3500
Mitt Romney+4000+4000
Rand Paul+4000+4000
Jared Kushner+5000+5000
Condoleezza Rice+6000+6000
Mike Pompeo+6000+6000
Jeff Flake+7500+7500
Lindsey Graham+7500+7500
Charlie Baker+8000+8000
Greg Abbott+8000+8000
Tommy Tuberville+8000+8000
George P. Bush+10000+10000
Kanye West+10000+10000
Kayleigh McEnany+15000+15000

Odds as of January 4 at Bovada

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Four More Years Of Trump?

There has been heavy speculation that when president-elect Joe Biden is inaugurated on Wednesday, January 20, Donald Trump will announce that he’ll be running in the 2024 election. If he does announce that, perhaps the Republican Party wouldn’t want him back, though like the Democrats they love power and a chance to win, and like it or not, Trump brings that chance.

I would have to assume that if the 45th POTUS does in fact say that he’s running in 2024, his 2024 Republican nominee betting odds of +400 would fall sharply, likely to a minus-odds option, so it may be worthwhile to get your bet in early. Additionally, Donald Trump’s 2024 presidential odds of +800 would likely also drop, giving you another market that you could wager on.

Of course, Trump has had his controversies and battles with the media that perhaps he and the Republicans might not want to deal with again, and right-hand man Mike Pence could build off Trump’s momentum in his own bid for the presidency. Personally, given the betting option of Trump or Pence, I’d have to go with the former until he officially says he’s not running.

2024 Republican Nominee Betting Odds: Where’s The Value?

There are two names that stand out to me at this point that may provide some betting value. The first would be Texas Congressman Dan Crenshaw at +1600. The second would be Donald Trump Jr., the son of the 45th POTUS, at +2500.

Crenshaw is a younger politician at 36 years old, which could represent a direction the Republican Party may shift toward. He’s from Texas and he was a navy SEAL during the war in Afghanistan, for which he was awarded a Purple Heart.

Furthermore, he was a supporter of Donald Trump, he has appeared on the popular podcast: The Joe Rogan Experience, and overall he is very aligned with the Republican Party views. I think he would have to further his name over the next three years to be in the running for the Republican nomination but +1600 is decent value.

To me, Donald Trump Jr. at +2500 makes the most sense outside of his father and Mike Pence. Trump Jr. is a younger version of his father, he would get all the support and push from those followers and he would surely have Donald Trump Sr. assisting in campaigns and such.

All that said, for the same reasons that the Republican Party and perhaps the public as well might be wary of Trump Sr. running again, they may feel a little apprehensive about Trump Jr. However, I think we could all see this happening and at +2500, it’s not a bad sprinkle play.