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Is a Trump victory on the horizon? Betting markets show dramatic changes ahead of polls

By Economic Times - a month ago
US Presidential Election 2024: As the presidential election approaches, polling data shows a tight race between Donald Trump and Kamala Harris, but prediction markets indicate a strong lead for Trump, currently pegged at a 60% chance of victory. Significant betting activity on platforms like Polymarket, totaling $30 million, has raised questions about the influence of high-profile bettors. While polling averages give Harris a slight edge, Trump is gaining momentum, especially in crucial swing states like Pennsylvania. Campaign efforts intensify as both candidates prepare for the final weeks leading up to Election Day.

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