Bets Flood in on Alternative Democratic Candidate Following Debate Disaster

Joe Biden didn't do himself any favors getting on stage Thursday evening.

During and following the debate, gaming platform BetOnline.ag was adjusting 2024 Election odds in real time. The odds started with Trump as a -150 favorite and Biden a +130 underdog.

Throughout the debate, Trump became a bigger and bigger favorite. Currently, Trump's odds have improved to -175 while Biden's odds have fallen all the way to +300 (or 3/1).

But the interesting story is the influx of wagers coming in on other Democratic candidates. BetOnline political oddsmaker Paul Krishnamurty said, "we just kept taking bets over and over again on Gavin Newsom and Michelle Obama."

Here are the notable movements from the start of the debate to now:

- Gavin Newsom's odds went from 25/1 to 7/1

- Michelle Obama's odds went from 22/1 to 16/1

- Kamala Harris' odds went from 40/1 to 20/1

Here are the current 2024 Presidential Election odds as of 11:45 p.m. ET on June 27, 2024:

2024 Election Odds

Donald Trump Sr.          -175                 (4/7)

Joe Biden                      +300                 (3/1)

Gavin Newsom              +700                 (7/1)

Michelle Obama            +1600               (16/1)

Kamala Harris               +2000               (20/1)

Hillary Clinton               +4000               (40/1)

Gretchen Whitmer        +5000               (50/1)

Robert F. Kennedy Jr.    +5000               (50/1)

Nikki Haley                   +9000               (90/1)

Ron DeSantis                +20000             (200/1)

Mark Cuban                  +35000             (350/1)

Jamie Dimon                 +40000             (400/1)

Liz Cheney                    +50000             (500/1)