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2024 Republican Nominee Odds: Trump Holds Top Spot On Oddsboard

Donald Trump is the favorite in the 2024 Republican Nominee odds.

While some might feel anxious at the thought of Donald Trump running in the 2024 U.S. 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 amid 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. He did give a speech in which he said he would not be starting a third political party as rumored and that he may “even decide to beat them for a third time.” “Them” in this instance would be the Democratic Party, with the “third time” alluding to his 2016 victory, the 2020 election he asserts he won and the 2024 race.

Online sportsbook Bovada has updated the 2024 Republican nominee odds with Trump the favorite at +250. He is followed closely by Ron DeSantis at +600, Nikki Haley at +800, Mike Pence at +1000 and John Kasich at +1400 to round out the top five names on the oddsboard.

2024 Republican Nominee Odds

CandidateCurrentOpening
Donald Trump Sr.+250+400
Ron DeSantis+600+3500
Nikki Haley+800+500
Mike Pence+1000+400
John Kasich+1400+800
Ted Cruz +1400+1200
Tom Cotton+1400+1400
Dan Crenshaw+1600+1600
Josh Hawley+2000+1000
Mike Pompeo+2000+6000
Paul Ryan+2000+2000
Tim Scott+2000+1400
Carly Fiorina+2500+2500
Donald Trump Jr.+2500+2500
Rudy Giuliani+2500+2500
Kristi Noem+3000+3000
Candace Owens+3300+3300
Mitt Romney+3300+4000
Rand Paul+4000+4000
Jared Kushner+5000+5000
Condoleezza Rice+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 April 13 at Bovada

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Four More Years Of Trump?

There was much speculation that when President Joe Biden was inaugurated on January 20, Donald Trump would announce that he’d be running in the 2024 election. That didn’t occur and in fact it took over five weeks for Trump to make his next speech, in which he hinted at running in 2024.

Though the 45th POTUS didn’t say for sure that he’s running in 2024, his 2024 Republican nominee odds of +400 fell quickly to +250, making him the sole favorite. If he officially announces he’s running, his betting line will likely move to a minus-odds option, so it may be worthwhile to get your bet in early. Additionally, his 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.