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Former President Donald Trump looks on at the first tee prior to the start of Day 3 of the LIV Golf Invitational - Bedminster at Trump National Golf Club as we look at our Republican presidential nominee odds.
Former President Donald Trump looks on at the first tee prior to the start of Day 3 of the LIV Golf Invitational - Bedminster at Trump National Golf Club. Photo by Mike Stobe/Getty Images/AFP.

The Republican presidential odds for the 2024 U.S. election show Donald Trump as the favorite at our best sports betting sites (outside the U.S.) to win the election in November.

It seems like an eternity ago now, but there was a time when Donald Trump was supposed to face a legitimate challenge within the Republican party ahead of the 2024 election.

But like Jeb Bush, Marco Rubio, Ted Cruz, and so many others before him, Ron DeSantis stumbled, flailed, and fizzled. Nikki Haley was similarly dispatched with ease, and now we're getting a 2020 rematch that's felt inevitable for quite some time.

Trump and his party maintain a lead in both the polls and on the oddsboard at our best sportsbooks. But a recent Morning Consult poll shows that Biden is gaining, especially in critical swing states.

To complement our 2024 U.S. presidential election odds and Donald Trump odds, here's a look at the top Republican Presidential odds (odds available only from Ontario sports betting sites).

Republican presidential odds 2024

(Republican presidential odds as of March 27)

PartyDraftKingsBetMGMbet365FanDuelCaesars
Republican-125-120-120-125 -200 ❄️
Democrats+105+110+105-110 ❄️+140 🔥
Independent+2500+2500+2500 +2000 ❄️+2500

Republican presidential odds analysis

Trump seems to run an election campaign as a candidate much better than when he's the incumbent president needing to defend recent actions and decisions in office.

He still holds tremendous power over the party even when not an elected official. We've been seeing that during the current debate over immigration reform. Senate Democrats backed a bipartisan bill in the House that would have led to tougher border security. However, Trump didn't want President Joe Biden to earn anything resembling a win, so House Republicans ensured the bill didn't pass.

Trump's influence has grown despite his various legal entanglements, several of which have already resulted in significant financial penalties. That includes $454 million following interest after losing a New York civil fraud case, and $88 million to E. Jean Carroll for defamation.

He received a win of sorts recently regarding the civil fraud case, with the immediate payment knocked down to $175 million. But his quest to have the Stormy Daniels hush-money trial either delayed significantly or thrown out altogether was denied, and now a date is set for April 15.

There's a chance that case and others change public perception. That process could already be taking place, with Biden showing signs of rebounding in the Democratic presidential odds while gaining on Trump in a recent poll, especially in key battleground states.

Republican presidential odds 2024 FAQ

Which party is favored in 2024?

The Republicans are favored to win the next election while getting odds of -120. That price implies a 54.55% chance of Trump taking the election.

Who is Donald Trump's favorability rating?

Currently, 42.8% of Americans hold a favorable view of Donald Trump, according to FiveThirtyEight.

When is the Republican National Convention?

The Republican National Convention will take place on July 15-18.

When will the 2024 presidential election be decided?

The 2024 United States presidential election is scheduled to be held on Tuesday, Nov. 5, 2024.

How to watch the U.S. presidential election

Every major news outlet will cover the 2024 United States presidential election extensively.

2024 presidential election betting odds pages

Here are our best political betting sites:

(21+. Gambling Problem? Call 1-800-GAMBLER)
* Bonuses not applicable in Ontario.

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