Donald Trump Running Mate Update as New Favorite Emerges

House Republican Elise Stefanik is the favorite to be Donald Trump's running mate in November, assuming he secures the party's presidential nomination, according to a leading bookmaker.

British company Betfair is offering odds of 9/2, or an 18 percent chance, on Stefanik sharing the ticket with Trump, ahead of South Dakota Governor Kristi Noem on 6/1, equalling 15 percent.

On Tuesday, Trump won the New Hampshire primary with 54.5 percent of the vote, ahead of second-placed Nikki Haley with 44.7 percent of the vote, according to AP.

Trump already came first in the Iowa caucus on January 15, after which Florida Governor Ron DeSantis dropped out of the race and endorsed him, making the former president the overwhelming favorite for the 2024 Republican presidential nomination.

After businessman Vivek Ramaswamy in the Betfair odds came former Trump-era Housing Secretary Ben Carson on 10/1, Haley on 11/1, Senator Tim Scott on 14/1, former Congressman Lee Zeldin on 22/1, Arizona Republican Kari Lake on 29/1 and DeSantis with 37/1.

Speaking to Newsweek, Betfair spokesperson Sam Rosbottom said: "While it looks as though the only chance of Trump not running as the GOP nominee is the five active court cases he's currently involved in, people are looking at who his potential running mate could be.

"The market for Republican vice president nominee is a lot tighter between the candidates; Elise Stefanik is the favorite at 9/2, while Kristi Noem and Vivek Ramaswamy closely follow at 6/1 and 15/2, respectively."

Newsweek reached out to Elise Stefanik, Kristi Noem and Vivek Ramaswamy for comment via email.

According to Betfair, after his New Hampshire victory, Trump is now the favorite candidate to win the 2024 presidential election, with odds of 21/20 against 2/1 for incumbent Joe Biden. No other potential candidate is anywhere close.

Rosbottom said: "Odds on Donald Trump to return to the White House continue to shorten following his win in the New Hampshire primary, which has effectively paved the way for November's vote to be a re-run of the 2020 election.

"After winning in both the Iowa caucus and the New Hampshire primary, he has become the first Republican to win both in an open campaign in almost 50 years, and punters have backed him into his shortest odds at 21/20 to return to the Oval Office since the market opened, which gives him around a 49 percent chance.

"Four years ago, Joe Biden was as big as 99/1 to be president at this stage of the race, and while his odds aren't currently anywhere near what they were back then, the incumbent is trailing Trump at 2/1 (34 percent)."

In an interview with Newsweek, Thomas Gift, who heads the Centre on U.S. Politics at University College London, said Tuesday's New Hampshire result makes it clear Trump will be the 2024 Republican nominee.

"Haley can frame last night's performance in New Hampshire as a consolation prize. But the bottom line is: She lost. Trump will be the nominee, and there's no slowing his momentum," Gift said.

"If there was any state where Haley could derail Trump's coronation, it was New Hampshire. She could count on the state's independent voters, endorsement from the popular governor, and nearly infinite amounts of anti-Trump super-PAC money flowing into her campaign. It only gets harder from here on out, as Haley faces a wave of states where Trump's headlock on the party is much stronger."

Uncommon Knowledge

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Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.

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