US Next President Odds: Jon Ossoff New Favorite after Blue Wave in Midterms

Lawrence Cooper/Sipa USA
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The November 3, 2026, midterm elections have significantly reshaped the political landscape and prompted considerable movement in the US next president odds. Democrats won control of both the House and Senate, flipping key seats in states including Maine, North Carolina, Ohio, and Texas. In Georgia, Jon Ossoff secured reelection to the Senate, defeating Republican Mike Collins and adding to the attention surrounding his potential 2028 presidential ambitions

George H.W. Bush is the only vice president since 1988 who has gone on to win the presidency in the next election...

With the midterms now behind them, attention is turning toward the November 3, 2028, presidential election. From established political heavyweights to rising stars, these odds will continue to shift as the campaign cycle unfolds, making the US next president odds a fascinating market to monitor over the next two years.

US Next President Odds

Candidate Odds Implied Probability
Jon Ossoff +350 22.22%
J. D. Vance +600 14.29%
Alexandria Ocasio-Cortez +600 14.29%
Marco Rubio +650 13.33%
Gavin Newsom +700 12.50%
Ron DeSantis +1600 5.88%
Kamala Harris +2200 4.35%
Pete Buttigieg +2500 3.85%
James Talarico +2500 3.85%
Josh Shapiro +3300 2.94%

US next president odds provided by bet365 – accurate as of November 4

Current US Election Odds: The Early Favorites

Jon Ossoff US next president odds | +350

Lawrence Cooper/Sipa USA

The biggest takeaway from the November 3 midterms is the dramatic shift in the 2028 presidential betting market. Democrats won control of both the House and Senate, flipping at least seven Senate seats and more than two dozen House districts. The result has coincided with a major change in the party-level odds, with bet365 shortening the Democrats to -275 to win the White House in 2028. That price represents an implied probability of 73.3%, making the party the clear favorite in the sportsbook market.

Ossoff has also become the new favorite in the individual US next president odds after winning reelection in Georgia, defeating Republican Mike Collins with approximately 59% of the vote. His US next president odds price has shortened considerably, reflecting increased market interest in his potential 2028 ambitions. However, Ossoff has previously said he is not interested in running for president, so his position in the betting market should not be mistaken for a confirmed candidacy.

Alexandria Ocasio-Cortez next president odds | +600

REUTERS/Eric Lee

Alexandria Ocasio-Cortez remains one of the prominent names in the early 2028 presidential betting market, although the November 2026 midterms have brought considerable movement in the odds. Her price is now +600, putting her among the candidates attracting attention as the race begins to take shape. Ossoff has moved ahead of her in the betting market following his reelection victory in Georgia, becoming the new favorite at +350.

Ocasio-Cortez’s national profile received further exposure during the midterm campaign, when she attracted large crowds at events in Michigan, Maine, Ohio and California while campaigning for Democratic candidates. Her appearances highlighted her appeal among younger voters and her focus on economic inequality and expanding social programs. She has also left open the possibility of a 2028 presidential run or a Senate challenge to Chuck Schumer. However, she has not declared a candidacy, and the current odds reflect market interest rather than a confirmed campaign.

That momentum helps explain why she now has the second-shortest price in the US presidential election odds, behind only Ossoff. Her national profile, strong grassroots following, and growing speculation about her political future are driving the market’s increased confidence.

US Next President Odds Sleeper Pick

Pete Buttigieg | +2500

USA TODAY Network via Reuters Connect

Pete Buttigieg is a potential sleeper in the US next president odds, with a price of +2500 offering a longer-shot alternative to the leading names in the 2028 betting market. The former Transportation Secretary and 2020 presidential candidate brings national recognition, campaign experience, and a profile that could appeal to moderate Democrats and independent voters. He has also remained active in the party, campaigning for Democratic candidates ahead of the November 2026 midterms.

The midterm results have reshaped the Democratic field, with Ossoff becoming a prominent name after his reelection victory in Georgia. Buttigieg, meanwhile, remains among the potential contenders being discussed as Democrats look toward 2028. His challenge would be building a stronger base among primary voters and distinguishing himself in a crowded field that includes Ossoff, AOC, and Gavin Newsom.

Other US Next President Odds Markets

Beyond individual candidates, sportsbooks are seeing competitive action on the overall US Presidential Winner odds, where bettors can back the winning party as a whole rather than a specific name. These US Election Winner odds fluctuate weekly based on economic indicators and legislative battles in Washington.

Early data suggests a closely contested race between Democrats and Republicans, with momentum frequently shifting based on polling cycles and media narratives.

The winning party market currently shows both sides within striking distance, while separate contracts for the Democratic and Republican nominees highlight intense uncertainty in both primaries. The Democrats are -275 favorites (up from -175 before the midterms) in US election winning party odds, while Republicans have +200 odds on bet365. On prediction markets, Vance leads as the most likely Republican candidate ahead of Rubio, DeSantis, and Tucker Carlson. Ossoff is in the lead in the Democrat party candidate odds at +225, ahead of AOC (+450), Newsom (+450), and James Talarico (+900).

Even speculation around the Donald Trump exit date odds and potential influence after his presidency continues to affect sentiment, despite his expected exit from office following the completion of his term ending on January 20, 2029.

For bettors looking to get added value, it can also be worth exploring best sportsbook promos, where enhanced odds and signup offers may provide better entry points into these long-term political futures markets.

Why isn’t Donald Trump in the next US president odds?

Donald Trump is generally not included in US next president odds because most political futures markets focus on likely eligible and expected candidates within the next full election cycle, and his participation is uncertain depending on eligibility, age, and political decision-making. After serving two non-consecutive terms, speculation about whether he would run again is often treated as low-probability or conditional rather than a standard baseline entry in some listings.

Additionally, many sportsbooks and prediction markets shift focus toward rising figures within both parties who are more likely to actively enter the 2028 race, which keeps Trump’s pricing inconsistent or absent compared to other contenders. There’s even increasing focus on the Trump impeachment odds and whether he’ll complete his second term.

Donald Trump Odds To Complete Full Term

 

Who else can you bet on in US next president odds?

Each bookmaker offers different prices on odds for the next US president, including favorites and traditional political figures (Newsom, Rubio, Shapiro, Harris, DeSantis, etc.). Many also offer longshot odds on celebrities and other popular figures. Some of the more intriguing or unexpected names on bet365’s US next president market include:

  • Dwayne “The Rock” Johnson (+10000)
  • Mark Cuban (+10000)
  • Hilary Clinton (+15000)
  • Stephen A. Smith (+10000)

Key dates to keep an eye on for US next president odds

With the midterms over, here are key dates and moments to watch that will likely move US next president odds over time:

  • Early 2027 fundraising reports (Q1–Q2 filings): First major look at who has real financial backing and organizational strength for a national campaign.
  • Primary debate qualification rules release (mid–late 2027): Sets the field by determining which candidates have enough support to appear on the debate stage.
  • Iowa caucus/early primary season (early 2028): First real voter tests that can dramatically swing momentum and betting markets.
  • National convention nominations (mid–2028): Formal selection of party nominees, often locking in the final shape of the race heading into the general election.
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❓ US Next President Odds FAQs

What are the US Presidential Winner odds based on?

The US Election odds are derived from a combination of polling data, political forecasting models, and betting market activity. They constantly adjust as new developments and campaign announcements emerge.

How often do US next president odds change?

US next president odds can change frequently, sometimes multiple times in a single day. Shifts are often triggered by breaking political news, debate performances, polling updates, or major campaign events. Because markets react quickly to sentiment, even small developments can move prices significantly.

Can betting markets accurately predict the next president?

Betting markets are often strong indicators of momentum, but they are not guaranteed predictors of the outcome. US next president odds reflect public and sharp bettor sentiment rather than certainty. Unexpected events, voter turnout shifts, and campaign dynamics can still dramatically change the final result.

Why do US Election Winner odds fluctuate so early in the cycle?

Early markets react to shifts in public sentiment, legislative successes, and prominent media appearances. Because the field isn’t locked in, even minor rumors can cause sharp movements in the long-term betting lines.

Who are usually early favorites in presidential odds markets?

Early favorites in US next president odds markets are typically high-profile politicians such as governors, senators, or sitting vice presidents. These figures benefit from name recognition, established fundraising networks, and existing political infrastructure. However, early favorites can change quickly as the field develops.

Why do US next president odds differ between sportsbooks?

US next president odds vary between sportsbooks because each operator sets lines based on different models, risk exposure, and betting activity. Some books may adjust odds to balance liability, while others react more quickly to market sentiment. Promotional pricing or enhanced odds offers can also create temporary differences.

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