Video Summary

The latest development in the 2024 Republican presidential nomination has seen a significant shift in the betting odds, with Ron DeSantis and Donald Trump now in a virtual tie. For weeks, Trump has been the favorite, but the FBI's search warrant at his home has led to a surge in support for DeSantis, with the two candidates now neck-and-neck. To win a dollar, bettors can wager $0.37 on Trump being the nominee, or $0.36 on DeSantis. While DeSantis has not yet officially announced his candidacy, Trump has been all but announcing his intentions, sparking questions about his ability to win a contested Republican primary.

In terms of polling, Trump remains the favorite, with a 9-point lead in a recent Yahoo! News poll and a 30-point lead in a July-Aguste Harris-Harvard poll. However, the numbers are tightening, and the upcoming 2022 midterms will likely have a significant impact on the 2024 primary. Trump's recent decision to invoke his 5th Amendment rights over 400 times has further complicated the situation. The situation is developing, and it will be interesting to see how it plays out.