Joe Biden Odds: Latest Specials Betting On US President

Joe Biden Odds: Latest Specials Betting On US President
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Joe Biden’s odds of completing a full first term as US president have slumped on betting sites, as polling data reveals most Americans don’t want the veteran to run again.

Biden is enduring a torrid first two years in office, during which time inflation has spiked, the cost of living crisis has worsened and the country is gripped in a political maelstrom around gun control and abortion rights.

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His poll ratings have hit an all-time low, with just 39% of the public now approving of his presidency. The recent data from USA TODAY/Suffolk also show that 47% of respondents “strongly” disapprove of his performance.

With the Democrats on course to lose both the House and the Senate this November, and Biden lagging behind in the 2024 US Presidential election odds, there are growing calls for the president not to run for a second term.

And bookmakers aren’t totally sure he will even see out his first four years in the Oval Office.

Joe Biden Odds

According to the political betting sites, Biden’s odds of remaining as US president until the next election have drifted from 4/9 to 4/7.

That’s a 6% drop in the space of a few days, and comes after fresh polling data suggests he won’t get re-elected were he to win in 2024.

Biden is unlikely to quit his post, but the Republicans could try and oust him via impeachment proceedings if they claim majorities in the House and Senate in the midterm elections.

That is still a farfetched possibility - after all, Trump was twice impeached and twice acquitted during his tenure as president - but it may be an option for the GOP over the next two years.

At this stage, what’s most likely to cause Biden to cede power early is if ill health befalls the 79-year-old.

Trump, 76, never misses an opportunity to portray the president in a bad light, but the idea of Biden becoming senile is nothing but ‘disinformation’.

Will Biden Run In 2024?

Perhaps the biggest issue for Biden right now is what happens in two years time.

The Dems are already set to lose big in the midterm elections, and so focus will soon begin to swing to the general election in 2024.

Biden was initially cautious about running for a second term, with his VP Kamala Harris his obvious successor when the pair beat the Trump/Pence ticket in 2020.

But since then, the Biden administration has become more open to the idea of him seeking four more years.

Currently, UK bookmakers reckon Biden won’t run again. He is 8/11 (58%) to walk away from frontline politics once his term is up. And what’s worse for the president is he is now not even the second favourite to win that election.

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Following another miserable week for Biden, the best bookmakers have shifted their odds on any Democrat winning in 2024.

Trump’s biggest GOP rival Ron DeSantis is now as short as 9/2 with bet365 to become the next president, with Biden floating out to 5/1.

That shift represents a remarkable decline for the incumbent. To have two Republican figures leading the odds midway through a Democratic president’s first term is rare indeed.

DeSantis could also prove a threat to Trump, although the businessman remains as short as 5/2 with BetVictor to return to the Oval Office.