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The prediction market Polymarket has skyrocketed into mainstream consciousness during the 2024 U.S. elections, with the platform reporting that users have placed $2.7 billion in bets over whether ...
The betting site Polymarket has emerged as a hot topic in the 2024 presidential race. Trump's odds of winning are at 66% there based on bets. National polls generally show the race tied.
With nearly $1 billion wagered on the outcome of the presidential election at Polymarket, Trump's odds of winning were listed as 61.3%, compared to 38.6% for Harris, at 8:52 a.m. ET on Thursday.
The presidential election betting odds gives Donald Trump a 61 percent chance to beat Vice President Kamala Harris in next month's election.
On October 7, 2024, Polymarket showed a spike in the odds Donald Trump would win the 2024 election, to 53.3%, with a corresponding decline in Kamala Harris's odds, to 46.1%. Two Polymarket competitors continued to show Harris with better odds of winning, at about 51%; Polymarket also showed a slight edge for Harris throughout September.
While the odds of a Trump win have shrunk on some prediction markets, Polymarket shows a 58% chance as of Monday of the former president winning the election over Harris.. In late October ...
“Odds on Polymarket are derived from the market price of a contract that pays $1 if an event occurs and expires worthless if it doesn’t,” a Polymarket blog post reads. “For example ...
Prediction markets show Trump leading Harris in 2024 election odds. The betting platform Polymarket has seen its trading volume surge, with $1.24 billion in October alone.