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Republican Presidential Odds 2024: Donald Trump Sprinting Away While Leading Favored Party

Kelly Irvin

Updated as of July 5, 2024 at 9:59 PM EDT. Read time: 2 minutes and 29 seconds. Find more information on Twitter and Google News.

Former President Donald Trump speaks to the media while his lawyer Todd Blanche listens after he arrives at court before closing arguments for his criminal trial at Manhattan criminal court as we look at the Republican presidential odds.
Former President Donald Trump speaks to the media while his lawyer Todd Blanche listens after he arrives at court before closing arguments for his criminal trial at Manhattan criminal court. Photo by Andrew Kelly/Pool via USA TODAY NETWORK.

It is a peculiar time to be aligned with conservative beliefs when considering the Republican presidential and 2024 U.S. election prospects.

The feeling of immense joy is evident when browsing through our Ontario sports betting sites. The latest Donald Trump odds depict the challenger as significantly leading over Joe Biden following the oldest-ever president’s difficult showing in the first debate on June 27. Trump has been steadily increasing his lead in the odds in the days that have followed.

Despite the low odds for Joe Biden, there is now uncertainty surrounding who will be Trump’s opponent in the upcoming election. Trump is currently polling well against all potential Democratic candidates, but a sudden surge of fresh, youthful energy and a new campaign strategy could still pose a threat.

However, the GOP is gaining momentum in the Republican presidential race, as Trump has increased by six percentage points in a recent poll conducted by the New York Times/Siena College. The party’s convention is quickly approaching on July 15.

Republican presidential odds 2024

Republican presidential election odds from top Canadian sportsbooks as of July 5th, with ❄️ indicating the least favorable odds and | indicating the best odds.

Partybet365BetMGMCaesarsSports InteractionBetVictor
Republican-188 ❄️-164-185 -164  -174
Democrats+150 +125+120 ❄️+125 +138 
Independent+3300+3300+4500 +3300+3300

Republican presidential odds analysis

It appeared that Trump’s path was heading towards a roadblock when he was found guilty on 37 felony charges in the hush-money trial.

However, the verdict had the unintended consequence of rallying support and resulting in a surge of campaign contributions. The validity of the verdict is now being called into question after the Supreme Court’s decision that a former president is partially immune from prosecution for actions taken while in office. As a result, Trump’s sentencing for his hush-money case conviction has been postponed until September 18th.

As he continues to rise in the odds, fueled by various sources, the response from Trump’s supporters to his legal issues and Biden’s declining popularity has transformed what was once a close race into a seemingly easy victory for Trump.

Biden gained momentum in the spring, mostly due to his impressive State of the Union speech. Although it seems like a distant memory now, he and his opponent were neck and neck in the betting odds, with Biden even taking the lead momentarily at BetVictor.

After the Stormy Daniels trial, Trump regained his momentum. He was previously at -150 odds, but now he has risen significantly to around -175 for winning the presidency, and as low as -195 on Caesars.

Despite the president’s current determination to stay in the race, pressure from within his party to select a different candidate is greatly affecting the Democratic presidential chances. Meanwhile, the Republicans are leading with odds of -164, much higher than the +138 odds for the Democrats.

Republican presidential odds 2024 FAQ

Which party is favored in 2024?

The Republicans are predicted to win the upcoming election, with odds as low as -188 suggesting a 65.28% likelihood of Trump securing victory.

What is Donald Trump’s favorability rating?

According to FiveThirtyEight, Donald Trump is viewed favorably by 41.8% of Americans.

When is the Republican National Convention?

The Republican National Convention is scheduled for July 15-18.

When will the 2024 presidential election be decided?

The United States presidential election of 2024 is set to take place on Tuesday, November 5th, 2024.

How to watch the U.S. presidential election

The 2024 United States presidential election will receive widespread coverage from all major news outlets.

2024 presidential election betting odds pages

Presidential election oddsDonald Trump oddsDemocratic presidential nominee oddsMichelle Obama oddsJoe Biden odds

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Written By:
Kelly Irvin
Kelly Irvin has been in the sports media wilderness since 2009, and he joined Underscoreg Review in 2021. His work has been referenced in The New York Times and Forbes. He’s also made appearances on The Fan 590 and TSN 1050. Sean is a regular bettor who places bets daily while using a handful of books. Most frequently, he uses FanDuel and bet365 due to the quality experience on those apps. While he’ll often take an analytical approach, Sean enjoys the fun, recreational side of betting too, and embraces alternative markets on events like the Westminster Dog Show or Eurovision, or the many novelty props tied annually to the Super Bowl, for example. Beyond sports, Sean is also interested in the betting markets tied to politics, and especially those connected to American elections. He sees betting as a way to explore and engage in a deeper way, and takes that same view to his work. He plays poker periodically too, and is an avid fantasy sports player. Sean also previously spent time with Bleacher Report and theScore, all after earning his media studies degree from the University of Guelph-Humber.