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Following the SOTU, in which Biden did a great deal to dispel doubts about his cognitive health during a passionate, 68-minute speech, his re-election odds slightly improved in the betting markets.
BetOnline.ag made these adjustments to its Presidential Election and Democratic nominee odds:
Biden for President 2/1 before SOTU. Odds improved to 3/2 after SOTU.
Trump for President 5/4 before SOTU. Odds worsened to 1/1 after SOTU.
Field for President 7/2 before SOTU. Odds worsened to 4/1 after SOTU.
Newsom for President 14/1 before SOTU. Odds worsened to 15/1 after SOTU.
Obama for President 14/1 before SOTU. Odds worsened to 15/1 after SOTU.
Biden's odds to be the party nominee also improved from 1/6 to 1/8. The current odds imply an 89% probability that Biden will be the Democratic nominee.
And if you’d like to speak to the political analyst and oddsmaker, Paul Krishnamurty, about these odds, please let me know.
Election odds are subject to change and will be updated in real-time on this page: https://www.betonline.ag/sportsbook/futures-and-props/us-election/president
Democratic Nominee Odds
Joe Biden
1/8
(-800)
Gavin Newsom
11/1
Kamala Harris
11/1
Michelle Obama
11/1
2024 Election Odds (3-Way Market)
Donald Trump Sr.
1/1
Joe Biden
3/2
(+150)
Any Other
4/1
2024 Election Odds (Expanded Market)
Donald Trump Sr.
1/1
Joe Biden
3/2
(+150)
Gavin Newsom
15/1
Michelle Obama
15/1
Kamala Harris
25/1
Robert F. Kennedy Jr.
25/1
Gretchen Whitmer
80/1
Elizabeth Warren
125/1
Hillary Clinton
125/1
Mark Cuban
150/1
- BetOnline Press
