Election betting odds for the 2024 U.S. Presidential race have shifted as both Donald Trump and Kamala Harris are now tied at 49% each, according to data from Polymarket.
What Happened: The market for “Presidential Election Winner 2024” shows Donald Trump and Kamala Harris neck-and-neck, with both candidates exactly tied at 49.6% at the time of writing.
The total trading volume for this market has reached $1,182,629,247, with a slightly higher trading volume on Trump at $227,554,157, compared to that of Kamala Harris at $224,541,792.
The former President has closed the gap the Vice President opened up following the Sep.10 debate.
How Whales Are Positioned: One of the biggest bettors on Polymarket, “Fredi9999,” has several notable long positions on Trump in various bets.
In total, the trader has so far invested $5 million in various election bets.
In contrast, another prominent trader, “markitzero,” is heavily invested in Kamala Harris.
In total, this trader has punted over $4 million in election-related bets.
The crypto-based prediction market platform Polymarket will be in competition with Kalshi, which received approval from the CFTC to resume election betting contracts.
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