Donald Trump's odds of winning 2024 election skyrocket after shooting at Pennsylvania rally

Donald Trump's chances of winning the presidential election in November soared following the horrifying assassination attempt.

The former president, 78, survived the attempt on his life when the bullet missed him by less than an inch on Saturday afternoon, at a rally in Butler, Pennsylvania.

A bloodied Trump pumped his fist after being shot in the ear creating a powerful image of the convicted felon that saw his odds of winning the election skyrocket.

An hour before the shooting, Trump's odds was 59 cents on the dollar to win the presidency on PredictIt, a New Zealand based online prediction market.

Shortly after the attack his chances jumped to 66 cents to the dollar and have remained there while Biden's sunk to 22 cents.

Donald Trump's odds of winning the presidential election skyrocketed are his assassination attempt

'From memory, Reagan went up 22 points in the polls after his assassination attempt. The election is likely to be a landslide. This probably reduces uncertainty,' Nick Ferres, chief investment officer at Vantage Point Asset Management told Reuters.

On Polymarket, a platform that allows users to make cryptocurrency bets, Trump's odds of winning increased to 70 percent.

While the price of bitcoin rose to nearly $60,000 per bitcoin on Saturday, according to Fortune.

Biden's odds are at just 16 percent of winning on Polymarket. 

The 78-year-old was dragged off stage by Secret Service with blood covering his face and then pumped his fist and shouted 'fight, fight, fight' after the gunfire rang out in front of thousands of MAGA fans. 

The gunman and a member of the crowd were killed and two others were taken to hospital in a critical condition after the shooting.

The suspect fired at least eight shots from the roof where his body and an AR-style rifle were later recovered. 

Trump confirmed he was hit in a statement from hospital hours after the terrifying scene unfolded. 

Images of a defiant Trump have rallied the GOP base and lead to major endorsements from Elon Musk and Bill Ackman.

'I fully endorse President Trump and hope for his rapid recovery,' Musk said on X. 

'Last time America had a candidate this tough was Theodore Roosevelt.' 

On PredictIt , a New Zealand based online prediction market, Biden's odds of winning are in the 20 cents on the dollar range while Trump's are around 66 cents

'I am going to formally endorse Donald Trump,' Ackman said. 'I assure you that I have made this decision carefully, rationally, and by relying on as much empirical data as possible.'

'I believe the upcoming presidential election is one of the most consequential elections in my lifetime.'

Dave Portnoy insisted 'bad a**' Donald Trump will coast to victory in this year's presidential election after he survived the assassination attempt.

The Barstool Sports chief posted on X: 'I just landed and missed an assignation (sic) attempt. Holy s***. What a bad a** reaction from Trump. The election is over. He's the next president. The Dems should give up. They can't beat him now.

'Also can we quit with the hate on both sides. This country is ripping apart. Let the voters decide. Just cause you vote on 1 side or the other doesn't make you satan.'

Portnoy also posted a picture of Trump on his feet with his fist in the air just moments after the shooting. He wrote: 'The election is over.'