Home » News » Ron DeSantis continues to shorten in betting for Republican nomination
Ron DeSantis continues to shorten in betting for Republican nomination
Updated January 13, 2023
We’re still waiting for confirmation that Ron DeSantis will run for the Republican nomination in the 2024 Election. But this hasn’t stopped his odds from shortening. Here we look at the current state of play and bring you all the latest US 2024 Election betting news.
Trump continues to drift in the betting
It’s been written about before, and it will no doubt be written about again. Still, it’s high time we checked in on the latest antics of Donald Trump Sr and his prospects of becoming President of the United States of America again in 2024.
Since the 2022 Midterm Elections, Trump has seen his odds continually drift as the disappointing results for the GOP were seen as rejecting Trump.
And the drift on Trump’s odds has continued, even with the news that he intends to stand for the Republican nomination. It’s almost as if Trump never even said it.
But can we trust the bookmakers on this issue? In the 2016 Election, Trump was given little to no chance and surprised everyone by beating Hillary Clinton to become President. So despite the bookmakers seeming to be opposing him, only a fool would write him off.
Current Presidential Betting Odds
In the current betting odds to win the 2024 US Presidential Election, Trump is now down at +600. He was at +400 just days after announcing his intention to run for the Republican nomination. Across the same period, Ron DeSantis has seen his odds cut from +200 to +165, and Joe Biden has gone from +350 to +250.
Further assisting the cut in the odds of Joe Biden is the increased likelihood that he will get the Democratic nomination again.
Despite negative headlines about his son and the infamous laptop, and now stories about Biden possibly having mishandled confidential documents, Biden is -300 to be the Democratic nominee. His closest rival in the betting is Kamala Harris at +550, and Gavin Newsom is lurking around at +700.
Whether his cut in the betting odds is down to rumors that Biden is set to declare his candidacy or if the bookmakers interpret the midterms as approval for Biden isn’t clear. It would probably be naive to put it down to the latter.
Biden has had trouble controlling the narrative about him, with news about his age and nicknames like Sleepy Joe doing the rounds. By and large, though, does the American public think Biden has done a good job?
The answer to that could depend on your source of information. But one thing that can be taken as a given is that if Biden were doing that bad, the midterms would surely have been a disaster for him.
Instead, the midterms seem to have strengthened the current President’s position. And it now looks more likely he is a shoo-in for the nomination.
Betting to be the Republican Nominee
In the betting to win the Republican nomination for President, Trump also continues to drift. At the moment, DeSantis is the favorite at -150, with Trump Sr at +230 and Mike Pence at +1600.
Back at the end of November, after Trump announced his intention to run again, he was +160. At the same time, Ron DeSantis was at -105. So the money is still coming in for the Governor of Florida in this particular market.
Ron DeSantisTo be Republican Nomination for 2024 General Election
Assuming Joe Biden is going to win the Democratic nomination, will the current president’s presence influence who the Republicans want to put up against him?
For example, if the Republicans want to attack ‘Sleepy Joe’ and say he’s too old, it makes little sense to put Trump up against him. That argument was used in the 2020 Election. And with Trump four years Biden’s junior, he will be the same age if he stands in 2024 as Biden was in 2020.
Put Ron DeSantis up against Biden, and it’s a completely different argument. Republicans can easily attack Biden on age and efficiency with a far younger candidate like DeSantis standing.
Any Trump to win 2024 Election
As seems to be always the case, everything leads back to Trump. And we’re no different.
BetOnline has a Trump market live, and it does interesting reading. But this market covers the whole Trump family rather than just being about Donald Trump Jr.
BetOnline is -900 that no member of the Trump family will win the 2024 Election. They are +500 that any of Donald Jr, Donald Sr, Melania, Ivanka, Laura, or Jared Kushner, will win in 2024.
Winning Party Betting
The final market we are looking at is the winning party market. Currently, the Republican Party is at -130, with the Democratic Party at +110. Any other party is +3300.
These odds will no doubt alter should Ron DeSantis win the Republican nomination. There is still uncertainty around who will be the GOP’s nominee. And that seems to keep the Republican Party odds from shortening.
If DeSantis wins the nomination, I expect to see the Republican Party’s odds shortened. DeSantis is completely clean skin in the national arena and doesn’t have the baggage of Trump.
And with arguments about classified documents dogging both Trump and Biden, amongst other things, such as age, etc., DeSantis would be seen as a clean break from the establishment and the politics of division. He could be just what the electorate is looking for.
Dean has a strong affinity for the English Premier League and cricket, but his extensive understanding of sports allows him to discuss a wide range of athletic topics. Previously, Dean has explored the world to attend events such as the FIFA World Cup and Ashes cricket matches, but currently, he prefers to enjoy sports from the coziness of his home.