Oddsmakers remain bullish on Trump’s 2024 presidential prospects

With speculation swirling that the 2024 presidential election could end up taking the form of a rematch between President Joe Biden and former President Donald Trump, it appears that oddsmakers are increasingly skeptical of the incumbent’s prospects, as the Las Vegas Review-Journal reports.

A number of well-known betting enterprises are looking more and more bullish on Trump’s chances of reclaiming the White House, with London-based Ladbrokes pegging the former commander in chief as a +260 favorite to win if such a matchup occurs in the next election cycle.

When it comes to Betfair’s assessment of the possible scenarios, Trump now stands as a 3-1 favorite to take the presidential contest, with Biden coming in as a 4-1 second-place pick.

Electionbettingodds.com, a market aggregator that combines odds from Betfair.com, FTX.com, Smarkets.com, and PredicIt.org currently gives Trump a 30.3% likelihood of returning to the White House, pegging Biden’s chances at 16.9%, Vice President Kamala Harris’ at 10.1%, and Florida Republican Gov. Ron DeSantis’ at 9.0%.

The respected aggregator site also suggests that the GOP stands a very strong chance of seizing control of both houses of Congress in the 2022 midterm elections, giving conservatives cause for real optimism going into the new year.

While Trump has repeatedly teased – yet never committed to – another run for nation’s top job, he has made a number of public statements, according to The Hill, which seem to point strongly toward the launch of a presidential campaign.

In a December sit-down with British media personality Nigel Farage, Trump was asked if he had any interest in leaving his comfortable lifestyle in Florida for a return to the constant stress and pressure of D.C., and he replied, “I love our country. If you love the country you have no choice.”

Back in the fall, Trump was asked whether there was anything specific that would stop him from mounting another presidential campaign, responding that the only think he could think of would be “a bad call from a doctor or something.”

Biden, now 79 years of age, has also been asked in recent weeks whether he intends to seek a second term in office, and while he also said that his health status would be the only possible obstacle he could envision, he added that Trump deciding to run would “increase the prospect” of him hitting the campaign trail once more, potentially foreshadowing a political rematch for the ages.