Saturday, October 26, 2024

Betting website Polymarket: Donald Trump odds-on favorite to win it all in November.

 10/25/2024 
Ava Grace


Betting markets believe former President Donald Trump will be reelected and will win all seven swing states in the process.

Betting website Polymarket projects that Trump has a 59.7 percent chance of winning the presidency compared to Vice President Kamala Harris' 40.2 percent. Over $584 million worth of bets have been placed on a Trump victory on the platform, compared to $393 million worth of bets for Harris.

The betting website had shown a close race between Trump and Harris from August up until this month. Still, Trump has pulled away in the last two weeks – suggesting that the electoral momentum has decisively shifted back in the former president's camp.

RealClearPolitics' polling tracker shows that none of the seven key swing states are "toss-up" states. It comes after Wisconsin flipped Republican, with the former president now 0.1 points ahead.

Michigan, Nevada and Pennsylvania also flipped in favor of Trump in the past few weeks, with the former president 0.5 points ahead in Nevada and Pennsylvania and 0.9 points ahead in Michigan. 

Trump had already been in the lead in Arizona, Georgia and North Carolina since at least September. He is currently between 0.9 and 1.4 points ahead in all three of these states.

"President Trump is outworking Kamala Harris, and voters know America can no longer survive under Kamala's destructive policies of soaring inflation, an out-of-control border, and rampant crime terrorizing every community," Trump campaign spokesperson Steven Cheung told Newsweek.

RealClearPolitics' aggregate suggests that Trump will win the Electoral College with at least 296 electoral votes, far above the minimum 270 required for a majority.
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