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2024 Election Bets Propel Polymarket to $111 Million in June Volume

2024 Election Bets Propel Polymarket to 1 Million in June VolumeAccording to metrics, the prediction market Polymarket has experienced notable volume over the past few weeks, with the firm reporting it accrued over $100 million in June and $8.2 million on the day the 2024 presidential candidates Donald Trump and Joe Biden debated on stage. The Rising Influence of the Prediction Market Polymarket Polymarket has […]

TRUMP dips after president admits ‘I don’t know much about it’

Biden’s reelection odds brush single digits on Polymarket

Former U.S. President Donald Trump is still in the lead at odds at 61%, while U.S. Vice President and Democrat Kamala Harris is second with 19% odds.

Odds of United States President Joe Biden being reelected fell as low as 9% on decentralized predictions platform Polymarket as punters speculated whether Vice President Kamala Harris will replace Biden as the Democrat candidate.

Biden’s odds have since briefly recovered slightly, now at 10% in Polymarket’s $226 million “Presidential Election Winner 2024” market.

Former President and Republican candidate Donald Trump is the favorite with 61% odds, and Harris is in second place with 19% odds.

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TRUMP dips after president admits ‘I don’t know much about it’