Re: Bitcoin betting on the 2020 US Presidential Election | Trump vs Biden
Pretty funny that bookies think it's more likely that Kamala Harris wins the 2024 election than Joe Biden winning a second term. Just goes to show the kind of expectation people have for his term! 
I would have thought there'd be interest in bets for Mike Pence, but no one seemed willing to take the plunge on that one.
At near 78, Joe Biden is the oldest first term President ever elected, so it's no surprise that people are imagining he will either serve one term, or not see out the term for various reasons thus elevating Kamala Harris to the top job.
Take note the bets are for "elected" the next president, not assume office. Mike Pence could assume office for a few weeks if Trump walks out once the Electoral College votes are officially counted in a couple of weeks time.
It's a bit early to predict the future but if Bidens presidency brings positive results, he's most likely to be renominated by the democratic party and win while if it ends badly, Republicans are going to win the presidency, so there's almost no likely situation for Kamala winning.
If Biden was in better shape I'd agree but he isn't. I would have voted for him if I had voting rights in the US, don't get me wrong, but he's still a poor choice for president. So there are plenty of scenarios where he isn't a candidate for a second term, I'm pretty sure at some point he was even saying that he wouldn't be a candidate for another term. I could see him resigning after a couple of years, once he has put the country back on the right track, giving Kamala one year to preside, and one year to campaign.