Steve Starr
- Joe Biden’s approval rating is favored to sit between 38.00-38.99% (+225) on August 1, 2022
- Polling data for this wager is tracked from the website fivethirtyeight.com
- The next United States presidential election is November 5, 2024 but Democrats are facing a wipeout in the 2022 midterm elections
Whether it’s incompetence, inflation or the usual Republican Party efforts to block any meaningful legislation that would improve Americans’ lives, Joe Biden’s approval rating is in the toilet. Will polling numbers for the 46th U.S. President get better by next month or continue sinking to record lows?
Let’s examine the odd for Biden’s Approval on August 1st, 2022. You can also check out our best bets on who will run for U.S. President in 2024 and view all our Politics betting page.
Biden Approval on August 1, 2022
| Biden's Approval |  |
| 38.00-38.99% | +225 |
| 39.00-39.99% | +225 |
| 40.00-40.99% | +385 |
| Under 38% | +385 |
| 41.00-41.99% | +900 |
| 42.00-42.99% | +1800 |
| 43% or Higher | +3500 |
Bad news for Biden
While Joe Biden is certainly the age of a man who would still read a print edition of a newspaper, he might not want to pick it up. According to the latest Harvard CAPS–Harris Poll, 71 percent of Americans believe the soon-to-be 80-year-old should NOT run for a second term, with 45 percent saying he’s “a bad president” and one in three calling him “too old”.
His low marks come courtesy of handling inflation (28 percent), the economy (32 percent), stimulating jobs (43 percent) and reacting to COVID-19 (50 percent).
Jeff Bezos calls out Joe Biden's latest inflation claim https://t.co/a60FxAijR4
— Fox News (@FoxNews) July 3, 2022
Terrible polling numbers
No matter the outlet, the polls are dire. Back in June, a NPR/PBS/Marist College poll had Biden’s approval rating at 38 percent while a Quinnipiac University poll showed him tying his previous low of 33 percent.
Almost half (47%) of respondents “strongly” disapproved with the job Biden is doing in a recent USA TODAY/Suffolk Poll. While even more people (53%) strongly disapproved of Donald Trump, the polarizing former president also maintained 24 percent “strong approval.” In contrast, Biden has no base. Gallup polls indicate his support among Democrats declined from 95% at the start of his presidency to 85% by early 2022.
The only poll that matters
For the purpose of this bet, the only approval rating that matters is the one on fivethirtyeight.com. As of posting this article, that number sits at 39.2 percent. So, the question is if Biden will maintain those numbers (+225) or drop to 38.00-38.99% (+225) on August 1? He could also tank to below 38 percent (+385) or rally to 40.00-40.99% (+385). Everything else on the board above 41 percent is only possible in the dreams of Joe Biden himself.
President Joe Biden said he and first lady Jill were “shocked by the senseless gun violence that has yet again brought grief to an American community" in Highland Park and “urged Federal law enforcement to assist in the urgent search for the shooter" https://t.co/mdZeNZc4xh pic.twitter.com/KMOegfMyJZ
— The Hollywood Reporter (@THR) July 4, 2022
Best Bet
With another gun massacre in Chicago on July 4th of all days, America is in mourning yet again. The GOP of course remains bullet-proof despite it’s continued inaction against gun violence. And, somehow, even taking away a woman’s right to choose didn’t even make a dent in the party’s numbers as Republicans are expected to make heavy gains in the mid-term elections this September.
Poor Joe Biden is left holding the bag in a country with sickening gun violence, ridiculous income inequality and escalating assaults on democracy. He didn’t even have a chance.
Best Bet for Biden’s Approval Rating: 38.00-38.99% (+225)
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