Following the Virginia elections, BetOnline saw the Democratic president's odds go from 7-2 to 4-1.
"Trump has been favorite in the US Presidential betting for a few weeks now, and the recent election results have done Biden no favors at all," Jessica O'Reilly, head of Ladbrokes PR, toldBetOnline believes that the Republicans are most likely to win the presidency in 2024, seeing their odds slashed from 5-6 to 2-3.
Neither Biden or Trump have officially announced a bid for 2024, although Trump has repeatedly teased a return to the White House since leaving office in January. U.S. President Joe Biden speaks about the authorization of the Covid-19 vaccine for children ages 5-11, in the South Court Auditorium on the White House campus on November 03, 2021 in Washington, DC. Biden’s 2024 re-election odds suffered a blow this week after the Democrats lost control of Virginia’s House of Delegates and unexpectedly relinquished the governor position in the same state.It is important to note that betting on a political election is against the law in the United States.
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