Trump odds dip as Kamala Harris sees huge surge… who are the other runners and riders from Gavin Newsom to Michelle Obama

The odds of Donald Trump winning the White House are now -178 after Joe Biden’s decision to retire. According to bookmakers, there is a 62 percent chance that he will become the next president in November.

That’s down slightly from a day ago, when the president’s chances of winning were estimated at 64 percent, suggesting some uncertainty as Democrats consider a new nominee.

In contrast, Biden’s chances fell to a meager +9900, according to Predict it – meaning he now has only a 1 percent chance of winning a second term.

Her odds for a seat with her VP Kamala Harris jumped dramatically to +178, up from the +900 we saw a few days ago on July 16. In June, before Biden’s disastrous debate performance, her odds were even lower, at +2400.

That means bookmakers are 12 times more likely to win than they were a month ago, when bookmakers put Biden’s odds at about 50-50.

That statistic has now halved six times as the election approaches. And as it is, other figures have surprising chances, too, from California’s Gavin Newsom to former First Lady Michelle Obama.

The odds of Donald Trump entering the White House are now -178 after Joe Biden’s decision to retire. This means that bookmakers give him a 62 percent chance of becoming the next president.

It was a slight drop from a day ago, when the president's chances of winning were estimated at 64 percent, and points to some uncertainty as Democrats consider a replacement for the recently resigned Biden.

It was a slight drop from a day ago, when the president’s chances of winning were estimated at 64 percent, and hints at some uncertainty as Democrats consider a replacement for the recently resigned Biden.

Likely replacement Kamala Harris, Biden's vice president, saw her odds rise dramatically to +178 - up from the +900 seen a few days ago

Likely replacement Kamala Harris, Biden’s vice president, saw her odds rise dramatically to +178 – up from the +900 seen a few days ago

While not the most reliable information aggregator, as journalists and political operatives are not allowed to vote, the site and its odds marker are widely regarded as an effective and reliable way to predict elections.

This is a developing story. Check back for updates.