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  • The graphs below display the average odds to win the 2024 Republican party nomination
  • Former President Donald Trump is still the favorite to represent the GOP in the next presidential election as of August 2023, with Vivek Ramaswamy second and Ron DeSantis fading to third
  • See the 2024 Republican nomination odds for all the betting favorites and longshots

This page monitors the online betting odds to win the 2024 Republican Party presidential nomination.

One-term President Donald Trump is the favorite with Florida Governor Ron DeSantis close behind.

The graph below was generated by averaging the odds from multiple online sportsbooks and was updated regularly to reflect the biggest new stories, trends, and political developments.

2024 Republican Party Presidential Nominee Odds

 

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Timeline of GOP Nominee Odds Updates

  • Aug. 16, 2023: Trump’s odds to win the 2024 Republican Nomination have improved to -303 over summer, while Ron DeSantis has faded to +725 and been supplanted as second-favorite by Vivek Ramaswamy (+650).
  • May 30, 2023: Donald Trump (-208) has widened his lead on Ron DeSantis (+255) in the latest GOP nomination odds for the 2024 presidential election. No other candidate is shorter than +2500 (Nikki Haley).
  • Feb. 15, 2023: Nikki Haley improved from +1800 to +1000 after announcing she would seek the GOP nomination for the 2024 presidential election today.
  • Dec. 20, 2021: Trump is now the odds-on favorite at -105. Second-favorite DeSantis, who had faded badly last time, bounced back a little (from +500 to +438).
  • Nov. 1, 2021: Trump (+102) is nearly at even-money; second-favorite DeSantis slid significantly (from +367 to +500).
  • Sep. 20, 2021: Trump’s odds improved again (from +208 to +171), as did DeSantis’ (+375 to +367). Top-ten contenders Haley, Cruz, Noem, and Pompeo all faded.
  • Sep. 1, 2021: Trump moved from +225 to +208. Second-favorite DeSantis went the other way from +350 to +375, as did third-favorite Haley (+700 to +733).
  • Aug. 2, 2021: While Trump (+225) and DeSantis (+350) continue to sit well ahead of the field, Kristi Noem has quietly shortened from +2400 to +1500 over the past few months. She’s now the fourth-favorite with Nikki Haley (+700) sitting third.
  • June 25, 2021: DeSantis (+400) continues to close the gap on long-time favorite Trump (+275).
  • May 7, 2021: Ron DeSantis’ momentum has continued, improving from +617 to +533. He is now alone in second. Nikki Haley faded from +617 to +650.
  • Apr. 15, 2021: Nikki Haley and Ron DeSantis are now in a dead-heat as second-favorite (at +617) behind Donald Trump Sr (+300).
  • Mar. 24, 2021: The last three weeks have not altered the GOP nomination odds.
  • Mar. 1, 2021: There were two big winners from the CPAC conference last weekend: Trump improved from +525 to +275 after hinting at a 2024 run; DeSantis leapt from +1300 to +550, as polls indicated he was the second-choice for most GOPers after Trump.
  • Feb. 17, 2021: The three favorites – Pence, Trump Sr, and Haley – all saw their odds fade slightly as the odds for secondary contenders like Ron DeSantis (Gov. of FL) and Mike Pompeo (former Sec. of State and CIA Director) improved.
  • Jan. 27, 2021: Mike Pence, Nikki Haley, and Donald Trump remain the top-three favorites, despite a real possibility of Trump being banned from holding public office via his second impeachment trial.
  • Jan. 22, 2021: There was no significant odds movement after President Biden’s inauguration.
  • Jan. 8, 2021: Calls for his resignation, removal, and/or impeachment aren’t hurting Trump’s odds to be the GOP nominee in 2024; he remains at +500, tied for second-best on the board with Nikki Haley.
  • Dec. 10, 2020: Lame-duck Trump improved again (+600 to +500) but still trails outgoing VEEP Mike Pence (+375) and former South Carolina Governor Nikki Haley (+425).
  • Nov. 26, 2020: Donald Trump Sr saw his odds improve modestly from +650 to +600 as he continues his farfetched legal bid to stay in power.
  • Nov. 12, 2020: Mike Pence (+375) and Nikki Haley (+425) are the early favorites to be the next leader of the Republican party. Donald Trump Sr. is at +650.

2024 Republican Presidential Nominee Odds

Candidate Odds
 Donald Trump -280
Vivek Ramaswamy +700
Ron DeSantis +700
Tim Scott +2500
Nikki Haley +2800
Glenn Youngkin +2800
Mike Pompeo +4000
Liz Cheney +5000
Chris Christie +5000
Mike Pence +6500
Tucker Carlson +6500
Tom Cotton +8000
Larry Hogan +8000
Charlie Baker +8000
Ivanka Trump +10000
Ted Cruz +10000
Rand Paul +10000
Mitt Romney +10000
Kristi Noem +10000

Odds as of Aug. 16, 2023, at DraftKings Sportsbook.

Past Republican Party Nominees

Year Name Popular Vote Percentage
2020 Donald Trump 47.4%
2016 Donald Trump* 46.1%
2012 Mitt Romney 47.2%
2008 John McCain 45.7%
2004 George W. Bush* 50.7%
2000 George W. Bush* 47.9%
1996 Bob Dole 40.7%
1992 George H.W. Bush 37.5%
1988 George H.W. Bush* 53.4%
1984 Ronald Reagan* 58.8%
1980 Ronald Reagan* 50.8%

*Elected President of the United States

Remember the good old days when you actually needed to win the popular vote to win the presidency? Trump kicked that antiquated notion to the curb in 2016 when he won the election despite finishing with 2.8 million fewer votes than Democratic nominee Hillary Clinton.


Archived Democratic nomination odds: 2020

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Sascha was a hockey player in his youth, a lawyer in his capricious mid-20s, and has been with SBD since 2014. He specializes in football, basketball, politics, baseball, and hockey.