Presidential Odds Post Trump Conviction

There is no way you haven’t heard that former President Donald Trump was found guilty in his New York trial. A jury found him guilty of falsifying business records. It’s listed as 34 counts of being guilty because the report was filed for 34 consecutive months.

As expected, the country seems to have mixed feelings about this topic. There are an equal amount of people who think this proves that DJT is a legitimate criminal as there are people who think this is proof that the justice system is being used against him unfairly.

There is a solid barometer of how a certain segment of people on this issue. The betting public bets their hard earned dollars on what they think will happen based on their perception. The sportsbook moves the betting odds depending on how the action is flowing in. So, how is the Presidential race being bet since the announcement of the guilty verdict earlier this week? The answer may surprise you.

Essentially, the verdict has had zero impact on Trump’s odds to win the presidency. Some sportsbooks shortened his odds while others increased them. But, the amount they moved the moneyline was minute and when all data is considered the needle barely moved.

Trump is still the slight favorite over the incumbent and democrat nominee Joseph R. Biden. As you can see below, Trump is the favorite and Biden is the close 2nd. The rest of the pool are distant and have longer odds because none of them are officially running for President.

Presidential Odds as of June 1, 2024

from BetOnline.ag

Moneyline Odds/ Implied % 

Donald Trump -140 (58.33%)

Joseph Biden +120 (45.45%)

Michelle Obama +2500

Robert Kennedy Junior +3000

Gavin Newsom +4500

Nikki Haley +4500