Current Events > Trumpers raised their betting amounts to re-establish his market odds lead.

(+) Yeah! (+)

https://www.independent.co.uk/news/world/americas/us-politics/trump-harris-betting-odds-polls-b2599650.html

The betting odds are now in Donald Trumps favor, after Vice President Kamala Harris took the lead earlier this month, according to data from betting platform Betfair.

The betting odds for the winner of 2024s presidential election currently stand at 51 percent (21/20) for Trump, and 48 (11/10) percent for Harris.

This is despite the fact that more bets have been taken out on Harris in the past 24 hours (40 percent of bets) as voters across the United States tune in to the Democratic National Convention this week.

Though fewer bets have been placed in favor of Trump winning the presidential election (30 percent of bets) in the past day, Trumps odds still overtook Harriss lead on August 20, and have continued to climb.

This is because Trump has received higher-value bets in the past day, with 53 percent of the money staked in favor of a Trump presidency, compared to 48 percent for Harris.

Since August 20, bets worth $439,118 have been placed on Trump winning the US election, compared to $401,721 for Harris.

In early August, Harris had overtaken Trumps odds on Betfair for the first time, and held the lead ever since. Her best odds were on August 15.

Overall though, the polls still show that Harris has better odds, with an average +2.9 point lead over Trump nationally and a slight lead in all swing states except Nevada.

An earlier analysis by The Independent showed that bets on Harris becoming the next president of the United States began flowing in the weeks before President Joe Biden bowed out of the 2024 race, with an increase in bets on PredictIt following the Biden-Trump debate.

Now, the two candidates are neck-in-neck on betting odds, thanks to a slightly smaller number of gamblers hedging bigger bets on Trump.

This dynamic echoes the emerging fundraising trends for the two candidates; recent reporting shows that Trumps campaign has been largely financed by big-money donations, while the Harris campaign broke records for the highest number of grassroots donations in one month in presidential history.

Just hours before Barack Obamas speech Donald Trump retook the lead in the race to the White House on the Betfair Exchange. Overnight that lead has widened and he is now the odds-on favorite.

Embarrassing coping mechanism. They might make Harris supporters rich on election day.

All the markets are screwed up right now and the RFK news isn't helping

Throwing away tons of money to own the libs.

So uh, where exactly does one place a bet on this? Asking for purely theoretical research purposes and not at all to make a quick buck off Trumpers.

Trumble posted...

So uh, where exactly does one place a bet on this? Asking for purely theoretical research purposes and not at all to make a quick buck off Trumpers.

Yeah I think shorting the bets brfore a market correction is a smart move here.

Why are we the way that we are? As a species I mean.

Trumble posted...

So uh, where exactly does one place a bet on this? Asking for purely theoretical research purposes and not at all to make a quick buck off Trumpers.

polymarket probably

but the general concept is called prediction markets and I would recommend doing a bit of research yourself before actually putting money into anything since I am not at all an expert on this

"Trumpers" can't bet on Betfair TC

Starks posted...

All the markets are screwed up right now and the RFK news isn't helping

We'up right now, what you mean?

Starks posted...

All the markets are screwed up right now and the RFK news isn't helping

I'm going to laugh when it turns out RFK doesn't tilt the scale for fat fuck. Every person dooming it is even more of a fool than the people dooming when Trump got shot.