Donald Trump Is Bookmaker's Favourite To Win 2024 US Presidential Election
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Donald Trump is the favourite to win the presidential election in 2024, according to one bookmaker.
The 75-year-old is apparently leading the way of potential Republican nominees and is even ahead of the current US President Joe Biden.
According to BetOnline, the current odds have Trump standing at 11-4 on to win, with Biden at 13-4 and the sitting Vice President Kamala Harris back in third at 5-1.
In the Republican field, Governor Ron DeSantis is at 10-1 and Mike Pence is all the way at the back with odds of 20-1.
Speaking to Newsweek, BetOnline political oddsmaker, Paul Krishnamurty, explained how they came to putting Trump out in front.
He told the publication: "Biden's approval rating is falling, and it looks less likely than ever that he will be able to get his agenda through Congress.
"A defeat at the mid-terms (70 percent likely) would further tie his hands and likely make for a very uncomfortable couple of years after 2022. It's hard to see his brand being as strong the second time around. Running again, aged 81, may make little sense.
"Harris meanwhile isn't cutting through as VP or a viable alternative. Thus the Democrats look set to have a weak hand in 2024," he added.
"While Trump may well still be indicted, the longer authorities wait, the more it will appear politically motivated and the more likely to get tied up in legal delays.
"It isn't clear that the Jan. 6 Commission will deliver either. The effect may 'detoxify' Trump and the issue itself.
"Finally, no serious challenge is emerging to Trump. Liz Cheney looks likely to lose in Wyoming, and therefore deter others from taking him on."
Adding: "The nomination appears to be Trump's for the taking. But 2024 is probably still a tossup, like most presidential races of recent times."
But it's not all good news for the former POTUS.
Trump has an impressive personal worth of $2.5 billion, which most people could only dream about.
However, that's about $400 million short of what it takes to get onto the coveted list.
The news outlet explained how Trump was listed as number 339 on last year's rankings, however the coronavirus pandemic has seen his wealth drop by $600 million.
Forbes wrote: "If Trump is looking for someone to blame, he can start with himself.
"Five years ago, he had a golden opportunity to diversify his fortune. Fresh off the 2016 election, federal ethics officials were pushing Trump to divest his real estate assets.
"That would have allowed him to reinvest the proceeds into broad-based index funds and assume office free of conflicts of interest."