Trump's Election Odds Soar on Betting Markets Amid Result Shifts

1 min read
Source: Forbes
Trump's Election Odds Soar on Betting Markets Amid Result Shifts
Photo: Forbes
TL;DR Summary

Betting markets are heavily favoring former President Donald Trump to win the 2024 election, with platforms like Polymarket and Kalshi giving him over 95% odds, despite ongoing vote counts in key swing states. The aggregated odds for a Trump victory stand at 95.5%, according to the Election Betting Odds tool. Meanwhile, Republicans have secured control of the Senate, but the House remains undecided. The disparity between betting odds and polling data has sparked debate, with some arguing that betting markets may better predict outcomes due to financial incentives.

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