Donald Trump has become the new 2/1 favourite to win the 2024 US election after a Washington Post-ABC poll gave him a 10-point lead over Joe Biden.
Punters reacted and backed the former President to win a second term and caused his odds to shorten from being a 13/5 outsider.
Biden was the 9/5 favourite before the poll, but now trails the Republican at 12/5.
Biden is 1/2 to secure the Democratic nomination, but these odds have drifted from 2/5 as Gavin Newsom emerges as the most-likely challenger to be on the ballot and his odds have shortened to 7/1 from 9/1.
Betfair Exchange: 2024 US Election winner
Donald Trump 2/1
Joe Biden 12/5
Gavin Newsom 12/1
Robert Kennedy Jr, Michelle Obama 20/1
Ron DeSantis 28/1
Vivek Ramaswamy, Nikki Halery 30/1
Kamala Harris 35/1
Betfair Exchange: Democratic Nominee
Joe Biden 1/2
Gavin Newsom 7/1
Michelle Obama 12/1
Kamala Harris 16/1
Robert Kennedy Jr 35/1
Betfair Exchange: Republican Nominee
Donald Trump 4/11
Ron DeSantis 11/1
Nikki Haley 17/1
Vivek Ramaswamy 18/1
Betfair Exchange spokesperson Sam Rosbottom said, “We have a new favourite in the 2024 race to the White House as Donald Trump has become the 2/1 market leader to win the US Election.
“Joe Biden was the 9/5 favourite but is now the 12/5 outsider after punters rushed to back Trump following a new poll that put the Republican ahead of the incumbent.
“Biden was a very strong 2/5 to be the Democratic nominee but has drifted slightly to 1/2 as Gavin Newsom emerges as the most-likely challenger to become the blue name on the ballot paper with his odds of running for President shortening to 7/1 from 9/1.”