Trump's Betting Odds Fluctuate as Election Day Approaches

Prediction markets like Polymarket and Kalshi showed significant volatility in former President Trump's chances of winning the 2024 election, highlighting the challenges of using these markets to gauge election outcomes. Trump's odds fluctuated from 67% to 53% and back to 62% within days, illustrating how these markets reflect investor sentiment rather than accurate forecasts. The markets' movements are influenced by investor actions, such as cashing out bets, and can be swayed by large individual bets, unlike political polls. The upcoming election results will ultimately reveal the accuracy of these predictions.