The betting market is focused on former President Donald Trump's victory over Kamala Harris in the 2024 White House race.
Republicans currently have a -145 line bet onlinecompared to Harris' +125. A negative line means the bookmaker believes the odds are that the person will win. independent memo.
Other sites show a similar shift for Trump over his Democratic rivals with 20 days left to vote.
fox news report After backing Harris for two consecutive months, PredictIt traders have now switched to Trump, mirroring other betting markets showing the former president as the strong favorite to win the election. .
As of Monday afternoon, Trump was favored by PredictIt over Harris 54% to 49%, and the shift last week marks the first time Harris' approval rating on the platform has fallen below 50% since late July. It's something.
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“With three weeks left in the campaign period and polling showing the situation to be nearly even, we don't think this is the last reversal we'll see in the market,” said Lindsey Singer, a spokeswoman for PredictIt. spoke. FOX business.
Additionally, Fox News said traders on the cryptocurrency-based prediction market PolyMarket have seen Trump as the more competitive candidate for the past few months, with both candidates in a dead heat in early October. reported that Trump had pulled away from the lead.
As of Monday, Polymarket bettors gave Trump a 55% chance of returning to the White House, while Harris only had a 45% chance.
Former president too projected To win, follow every prediction market tracked by RealClearPolitics.
Combining RCP's betting odds data, Harris has a 44.9% chance of winning, while the former president has a 54.1% chance of winning.
