Joe Biden Odds: Impeachment, Term End & 2024 Election
Despite More Developments in Impeachment Inquiry, Joe Biden Odds Show Little Change
With less than a year until the 2024 U.S. Presidential election, there are lots of odds to consider regarding the likely candidates, President Joe Biden and former President Donald Trump. The former isn’t facing court cases like the latter but there are still plenty of odds that are worth a look. Here’s a look at some of the best Joe Biden odds to consider betting on.
Joe Biden Odds: Impeachment-Related Odds
Biden’s nearly three-quarters of the way through his first term in office but there are many odds regarding how and when that first term will end. The House of Representatives Oversight and Accountability Committee is conducting an impeachment inquiry alleging that the President benefitted from his son Hunter’s business dealings.
The odds of President Biden leaving the office via impeachment are steep: no is -4000 and yes is +900. Considering even the Republican committee members’ witnesses for the inquiry say there is not enough evidence for an impeachment, the odds are accurate.
The same goes for the odds on whether he’ll be indicted before the next general election, with no at -5000 and yes at +1000. It’d take a massive change in evidence to make that even a remote possibility for politics betting.
Joe Biden Odds: First Term-Related Odds
Given the incredibly steep odds of an impeachment going through, the odds of President Biden finishing his first term are pretty straightforward: no is +425 and yes is -800. It’s very unlikely an impeachment would end his presidency.
Another factor in that could be health. He just celebrated his 81st birthday on Monday, Nov. 20, and was already the oldest president in U.S. history when he took his oath of office in 2021. At 81, he’s nearly eight full years past the average male life expectancy in the U.S. But considering the medical care at his disposal, he’s much more likely to finish his first term than not.
That plays directly into a bet on his exit date from office by year: 2023 is +3000, 2024 is +600, 2025 is -190, and 2026 or later is +165. It’d be a massive shock to see him leave office in the next month so disregard 2023 in these US Politics Betting odds.
Though less shocking, a 2024 exit would be a surprise as well, considering the unlikely event of an impeachment or health problem. Current polls put Biden behind in key battleground states like Florida (7.5 points behind Trump), North Carolina (4), Arizona (4.8), Pennsylvania (3.7), and Georgia (5.5). Polling numbers will likely change in the next year but the current signs point to a 2025 exit for President Biden.
I won’t let Republicans in Congress undo the progress we’ve made to lower costs and invest in America. pic.twitter.com/LovPoFVCl7
— President Biden (@POTUS) November 28, 2023
Joe Biden Odds: Odds to Win 2024 US Presidential Election
These latest polling numbers tie directly into President Biden’s odds of winning a second term. Current odds put him at +185 to win a second term and -280 to not win that second term and become a consecutive one-term president.
The picture, primarily in key swing states, is not good for the current president. He’s looking more likely to lose the 2024 election than win another term, making no the better pick. It’d be the first time since Presidents Gerald Ford and Jimmy Carter in 1974-1981 that one-term presidents served back-to-back, and in that case, Ford wasn’t elected.
All of this does hinge on former President Trump running for re-election in 2024. Considering how many legal battles he’s facing, the outcomes of those proceedings in the next eight months or so could drastically change Biden’s odds of winning.
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