Highlights
Polymarket, the decentralized prediction marketplace has seen Donald Trump and Kamala Harris hit a tie per the US Presidential election winning odds. The emergence of the VP Harris sent a positive sentiment to the community on her chances. Weeks ago, both candidates had a massive disparity in their winning chances with the Democrat leading.
According to data from Polymarket, the two top Presidential aspirants now have 49% chance of winning the election. While Trump’s odds jumped by 1% to hit the figure, the VP saw her chances fell by 1%.
It is worth noting that the Polymarket insight is speculative and always changing. The data comes from users’ perception on how the election will turnout. Based on the sentiment in the US political scene per time, the winning odds generally tend to change.
As of July 1, before President Joe Biden nominated Harris, his winning odds comes in at 19%. This contrasts sharply in relation to that of the Republican at 62%. The tides changed with the Democrat nominee’s odds jumping as high as 53% while that of the Donald Trump dropped to 44%.
The former President has recovered significantly amid the economic and patent backlash from personalities like Elon Musk. As the election day draws closer, many Americans have started picking their favorite candidate. The policies, media showing and social presence marks key channels of publicity boosting each candidate’s campaign awareness.
As Polymarket bettors generally follow sentiment to decide on how to align their bets, the coming debate between the key rivals might help draw the winning line. Notably, President Biden dropped out of the race after the first debate with Donald Trump, giving the Republican more leverage against the VP.
Before now, both Presidential aspirants have agreed to Debate schedules in the coming week. Besides the principal candidates, JD Vance and Tim Waltz have also agreed to debate on October 1.
There are many issues that might sway the odds in either candidates’ favor, making this debate crucial. One area many have resolved to rule out the Donald Trump rival is in the crypto policies. While the former President have named a pro-Bitcoin transition committee, some gestures from Kamala Harris shows the current administrations’ anti-crypto crackdown might continue if she wins.
Read More: Donald Trump Winning Odds Soar Against Kamala Harris, Here’s Why
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