The 2024 Republican presidential nomination race has taken a significant turn with the withdrawal of Florida Gov. Ron DeSantis, paving the way for former US President Donald Trump to emerge as the clear front-runner. DeSantis’ departure has boosted Trump’s odds to more than 90% of securing the nomination, according to OddsChecker.
DeSantis, once seen as a strong contender, faced challenges in gaining support within the GOP primary. With only 21.2% of the Iowa caucus vote and polling showing a mere 7.5% support in New Hampshire, he made the unexpected decision to suspend his presidential campaign.
Recognizing the prevailing sentiment among Republican voters, DeSantis stated that he had signed a pledge to support the Republican nominee and endorsed Trump, further consolidating Trump’s position in the race. He also criticized Nikki Haley, the only other major candidate remaining in the primary race, as representing the “old Republican guard of yesteryear.”
Trump’s recent triumph in Iowa, where he garnered an impressive 51% vote share, has translated into a substantial boost in his odds. Trump is now priced at evens to win the 2024 US election, according to OddsChecker, while other platforms offer odds of 6/5 for Trump’s victory.
As the Republican primary unfolds, Nikki Haley remains the sole challenger to Trump, with odds of 12/1. However, the dominance displayed by Trump in the early contests, coupled with the endorsement from DeSantis, positions him as the overwhelming favorite among political bettors and analysts.
The landscape of the 2024 presidential race is marked by skepticism and disbelief, with Republicans questioning Biden’s ability to secure the Democratic nomination and Democrats expressing concern over the potential impact of legal challenges on Trump’s candidacy.
The intricate dynamics set the stage for a closely monitored and intriguing electoral contest, with the odds pointing to a compelling showdown between Trump and Biden in the general election.