Gamblers are already hedging their bets on who will win the 2028 presidential election.

With more than three years to go until the next presidential election, bettors at Polymarket are already making their predictions as to who will win the 2028 election for the White House. According to Polymarket’s betting odds on Monday afternoon, Vice President JD Vance has a 28% chance of winning the 2028 election while California Gov. Gavin Newsom trails with a 16% chance.

According to Polymarket’s betting odds, U.S. Rep. Alexandria Ocasio-Cortez (D-N.Y.) has a 9% chance of winning the White House, former Transportation Secretary Pete Buttigieg has a 7% chance and Secretary of State Marco Rubio has a 6% chance.

This comes as speculation has swirled over who will take over President Donald Trump’s MAGA movement after leaving office and over who will be the next leader of the Democratic Party. Trump suggested earlier this month that Vance is the “most likely” candidate for the 2028 GOP nomination.

According to Polymarket, Vance has a 53% chance of winning the GOP nomination in 2028. Rubio trails with a 10% chance, followed by MAGA loyalist Steve Bannon with a 5% chance. Trump, who is constitutionally barred from running for president again, still received a 4% chance in the betting markets for the GOP nomination.

Polymarket’s bettors also give Newsom a 20% chance of being the Democratic Party’s nominee. Meanwhile, Ocasio-Cortez has a 13% chance and Buttigieg has an 8% chance, according to the betting market as of Monday.

The latest betting odds come as Newsom has amped up his criticism of Trump in recent weeks by trolling him on social media platform X. Many pundits speculate that Newsom is gearing up for a presidential run after his time as governor ends in 2027.

A recent Emerson College poll asked voters about possible matchups between Vance and potential Democratic contenders in the 2028 presidential election. The poll found Vance had a slight advantage over three possible rivals, including former Transportation Secretary Pete Buttigieg, U.S. Rep. Alexandria Ocasio-Cortez (D-N.Y.) and California Gov. Gavin Newsom.

The tightest hypothetical race was between Vance and Buttigieg, according to the poll. The vice president received 44% of support while Buttigieg clinched 43%. Another 13% said they were undecided.

In hypothetical matchups with Ocasio-Cortez and Newsom, Vance had a 3-point advantage.

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