2024 Presidential Election Odds, Predictions | Trump Becomes Biggest Favorite to Win So Far

Odds via BetMGM UK. Chance to win the election and election predictions based on implied probability with the vigorish removed.

The 2024 presidential election is fast approaching, and lately, every passing day seems to bring more momentum for Donald Trump's campaign to reclaim the White House.

Amid polling that shows Trump's trial has had no impact on public opinion and a mounting financial advantage for the former president over Joe Biden largely driven by the help of Super PACs and outside groups, Trump's odds to win in November reflect his mounting momentum. According to the latest 2024 presidential election odds, Donald Trump has a 53.17% chance to win the election, based on his -150 odds.

That 53.17% chance to win is the best chance Trump has had to win the 2024 election so far, according to these presidential election predictions, and his -150 odds are the biggest favorite he's been this election campaign.

President Biden has a 34.08% chance to win the election according to his current +160 odds. Biden's odds have bounced from as long as +200 to as short as +120 this year. But when Biden's odds were longer, Trump's odds had not gotten quite as short, as candidates such as Gavin Newsom and Nikki Haley were still considered somewhat viable contenders. Now, in what appears to be a November rematch between Trump and Biden, Trump has taken a significant lead.

Recent polls highlight that advantage, with swing states like Pennsylvania, Arizona and Michigan inching toward Trump, and a commanding lead for Trump in Georgia. This shift in the latter state is particularly notable since Biden managed to turn it blue in 2020.

A financial update earlier this month revealed that pro-Trump entities have raised a staggering $192 million to support his campaign efforts, dwarfing the less than $87 million amassed for Biden. Despite Biden holding the edge with $130 million cash on hand compared to Trump's $66.7 million, the former president benefits from serious financial tailwinds, which analysts suggest might play a crucial role as the battleground states come into focus.