MyBookie favors Republican Party in the upcoming presidential election

Updated June 19, 2023
Updated June 19, 2023By Chris Boline
mybookie betting news june 2023

In one of the most pivotal elections to date (but aren’t they all in some way or another?) MyBookie has gotten in on the action with updated presidential election odds for the winning party. Per the latest MyBookie betting markets, the website currently has the Republican Party as a slight favorite over the Democrats at -116 (Republicans) to -114 (Democrats). That said, the Independent route also has a slated betting market of +3000 for this election cycle as well. Indeed with the upcoming election featuring a ton of drama already, the intensity should only be ratcheted up in the months ahead of Election Day. 

For this report, SBS will be going over what to look for from the latest happenings coming from MyBookie and also some more thoughts about using the website. 

Republicans could have a new face of the party in 2024

As stated above and on the MyBookie website, the Republican Party is the slight favorite to win the 2024 U.S. Presidential election at -116. The current reasoning behind this is from the combination of Republican front-runners: former president Donald Trump and Florida Governor, Ron DeSantis. Per MyBookie’s website, Trump, even amidst a variety of legal hurdles, is still the Republican Presidential nominee favorite at -215. However, DeSantis has been surging as of late given the former president’s legal uncertainty clouding his future. The latter currently has nominee odds of +188 and has been making the rounds in battleground states as a presumed heir to the Republican throne. 

Per the main MyBookie site, the Democrats conversely have doubled down on current sitting president Joe Biden as their nominee in what will be a likely scenario next year. Biden is the current favorite on the MyBookie website at -400 to the 2024 Democratic Presidential nominee. Indeed this is a likely scenario as the last time an incumbent president did not run for reelection was Lyndon B. Johnson back in 1968 after taking over for the deceased John F. Kennedy. Curiously, the candidate next most likely to be the Democratic nominee per MyBookie is Robert F. Kennedy Jr. at +810. While he comes from the famous family, the American politician and lawyer has his own controversial background with conspiracy theories and anti-vaccine notions abound. 

Democratic Party has won five of the last eight elections

With the Republicans a slight favorite, there is still a lot of time to determine which party will emerge victorious next year. That said, if history has any indication of what might happen, the Democrats have won five of the last eight cycles, including twice in the 1990s (Bill Clinton) and the 2000s-2010s (Barack Obama). That said, there is some precedent here for President Biden to make a repeat performance. However, there is uncertainty as well given questions surrounding his advanced age in office since he became the oldest person in U.S. history to assume the presidency. Regardless, this will be a battle that will dominate headlines for the months ahead. 

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More notes and information about utilizing MyBookie

After you are all dialed in regarding the latest betting news from MyBookie, make sure to check out the wide variety of wagering resources that SBS has put together. For example, if you want to be an expert on the subject at hand, then our MyBookie sportsbook review rundown is a must-read since you can learn about the latest happenings at the site here. Moreover, for those that are interested in diversifying their withdrawal and deposit options, then the SBS payment methods guide is a fantastic resource to peruse. Finally, another excellent page to help you maximize your wagers is our best bonus betting sites breakdown. Here, you can find a catalog of the different welcome bonus offers available to you. 

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About the Author

Chris Boline
Chris Boline

As a devout aficionado of sports, Chris Boline has carved a career within the athletic realm. A skilled scribe, he boasts a decade-long portfolio that encompasses coverage of the NBA G League, the Los Angeles Chargers, football and basketball across the country. Beyond his professional pursuits, Chris is deeply invested in his community and dedicates his leisure hours to serving on boards, collaborating with community organizations, and cherishing the company of loved ones. CURRENTLY Business Development and freelance sports writing RESIDES IN Reno, NV EDUCATION University of Nevada BS and MBA EXPERTISE -Sports writing proficiency in: NFL, NBA, UFC, boxing, golf, and some motor sports -Topical news -Promotional and marketing ideas/updates -Business development Summary Chris Boline serves in a business development sales capacity as his day job. He has previously held sales/marketing positions with The Applied Companies (TAC), KTVN 2 News and the NBA G League’s Reno Bighorns, affiliate of the Sacramento Kings. He is a Reno native and is a member of various community boards including the Nevada Sagebrush Alumni Chapter, NCET and the College of Business Alumni Association (COBAA). Chris graduated from the University of Nevada in 2015 with a bachelors in management and economics and also earned his MBA from Nevada in 2023. More about Chris: Past president of the College of Business Alumni Association (COBAA) 2022-23 Two-time honoree for University of Nevada Alumni Chapter of the Year (Nevada Sagebrush Alumni Chapter, 2017 & COBAA, 2021) 2021 NCET award for Professional Services Organization of the Year with TAC Northern Nevada Human Resources Association 2020 Best Places to Work-Northern Nevada, Second Place with TAC 2016-17 Reno Bighorns MVP from the Sacramento Kings The Nevada Sagebrush editor-in-chief 2013-15 Associated Collegiate Press 2015 Four-year Non-daily Newspaper Pacemaker honoree University of Nevada, Reno College of Business Dean's List honoree (5x) from 2011-2015 Nevada Press Association award for Best Sports Column – Community in 2015 Education

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