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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 +100. He is followed by Ron DeSantis at +450, Nikki Haley at +800, Mike Pence at +1200 and Mike Pompeo at +2500 to round out the top five names on the oddsboard.

2024 Republican Nominee Odds

Donald Trump Sr.+100+400
Ron DeSantis+450+3500
Nikki Haley+800+500
Mike Pence+1200+400
Mike Pompeo+2500+6000
Josh Hawley+3000+1000
Kristi Noem+3000+3000
Ted Cruz+3000+1200
Tom Cotton+3000+1400
Candace Owens+4000+3300
Greg Abbott+5000+8000
Tim Scott+5000+1400
Donald Trump Jr.+8000+2500

Odds as of November 18 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 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 still hasn’t fully announced he is running again in the next presidential election, the odds would suggest otherwise as his betting line has shortened since Biden took over in January.

In all likelihood, Trump will wait for the mid-term elections happening in 2022 and if there is a red wave as expected in the odds (Republicans favored to win the House and Senate), then he will probably try to ride that momentum into 2024. He is also the favorite in the 2024 election odds.

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

There are two names that come to mind that may have a shot at knocking off Trump to become the Republican candidate on the ticket in 2024. The first is the man second on the oddsboard, Ron DeSantis. The Florida governor has tremendous support from his state and many other red states that have liked his approach to the pandemic.

Additionally, DeSantis is not fully against Trump, which helps with that base both as voters and within the House. However, he’s a little more progressive than the 45th POTUS, which could pull in some swing votes to upset the balance of the election.

The second name isn’t even listed in the odds right now. Chris Christie was a very popular governor of New Jersey and many thought back in 2012 that he might have had a shot at beating Barack Obama, but he didn’t throw his hat in the ring.

Recently, Christie has been distancing himself and taking shots at Trump, a man he supported during his administration, perhaps trying to gain some traction before putting in a bid. If he ends up running, he may have some value at likely 20:1 or better.