Matt Gaetz Odds of Winning Marco Rubio's Senate Seat at 2 Percent

Former congressman Matt Gaetz odds of winning the soon-to-be-deserted Senate seat of Florida Republican Marco Rubio were coming in at 2 percent or +4900 odds.

Rubio was chosen by President-Elect Donald Trump to become the new Secretary of State.  His confirmation is widely anticipated.

Gaetz had been selected by Trump to head up the Attorney General's office but decided to bow out amid controversy involving a report detailing alleged sex trafficking of at least one minor as well as drug usage.  That report dropped on Monday.

The House Ethics Committee on Monday accused Matt Gaetz of “regularly” paying for sex, including once with a 17-year-old girl, and purchasing and using illicit drugs as a member of Congress, as lawmakers released the conclusions of a nearly four-year investigation that helped sink his nomination for attorney general.

The 37-page report by the bipartisan panel includes explicit details of sex-filled parties and vacations that Gaetz, now 42, took part in from 2017 to 2020 while the Republican represented Florida’s western Panhandle.

Congressional investigators concluded that Gaetz violated multiple state laws related to sexual misconduct while in office, though not federal sex trafficking laws. They also found that Gaetz “knowingly and willfully sought to impede and obstruct” the committee’s work.

“The Committee determined there is substantial evidence that Representative Gaetz violated House Rules and other standards of conduct prohibiting prostitution, statutory rape, illicit drug use, impermissible gifts, special favors or privileges, and obstruction of Congress,” the report said.

Gaetz took to Twitter to deny said allegations.

“Giving funds to someone you are dating — that they didn’t ask for — and that isn’t ‘charged’ for sex is now prostitution?!?” he posted on X, the website formerly known as Twitter. “There is a reason they did this to me in a Christmas Eve-Eve report and not in a courtroom of any kind where I could present evidence and challenge witnesses.”

Ashley Moody comes in at 76% odds to win the vacated Rubio seat.

The Marco Rubio Senate Seat betting market can be found at Polymarket.