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2024 Presidential Election Odds After Biden Exits Race


Vice President Kamala Harris waving to the press

Vice President Kamala Harris waves to the group of press gathered under the wing of Air Force Two before getting into a vehicle for the drive up to Provincetown.
Vice President Kamala Harris arrived at Air Station Cape Cod Saturday, July 20, 2024. Air Force Two landed shortly before 1 p.m. at the Coast Guard air station. She was greeted by a group of officials before getting into a vehicle for a caravan to Provincetown. Harris attended a fundraiser at the Pilgrim Monument Saturday afternoon.
Merrily Cassidy/Cape Cod Times

  • Joe Biden has dropped out of the 2024 Presidential Election
  • Biden backed Vice-President Kamala Harris as his replacement as the Democratic nominee
  • See the updated 2024 Presidential Election odds for Harris, Donald Trump, and others still on the board

After weeks of speculation and mounting pressure from high-ranking Democrats, Joe Biden made it official on Sunday afternoon: he is dropping out of the 2024 Presidential Election, despite winning more than enough delegates during the Democratic primaries to represent the Dems on the 2024 ticket.

Biden vociferously endorsed his Vice-President, Kamala Harris, as his replacement as the Democratic nominee.

In the wake of the stunning – yet seemingly inevitable – announcement, the odds to win the 2024 Presidential Election changed drastically.

2024 Presidential Election Odds

Candidate (Party)  Odds
Donald Trump (GOP) -200
Kamala Harris (Dem) +225
Hillary Clinton (Dem) +1800
Michelle Obama (Dem) +2000
Gavin Newsom (Dem) +3000
Gretchen Whitmer (Dem) +3000
Robert Kennedy Jr (Independent) +5000
JD Vance (GOP) +8000
Josh Shapiro (DEM) +8000

Odds as of July 21 at bet365. 

Odds Move Towards Harris, Democrats After Biden Drops Out

Donald Trump had been a -225 favorite to win a second, non-consecutive term before Biden dropped out of the race. As of Sunday morning, the former President is -200 to win. Harris’ odds had faded to +800 early last week when Biden was adamant he was going to stay in the race despite obvious mental-health issues. But on Sunday, her odds took a gigantic leap to +225 (which is much shorter than Biden’s most-recent price of +525).

The Democrats also received a big shot in the arm in terms of the winning-party odds. They were listed at +225 at bet365 on July 14, and now are only slight +150 underdogs (40% implied win probability).

 

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NFL
NBA
MLB
NHL
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NCAAB
Politics
Tennis
MMA
Sportsbooks
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