The Election Betting Odds tracker, which aggregates implied election odds across several platforms, favors Trump to prevail next month for the first time in four weeks.
Topline
Odds on one notable presidential election betting platform shifted majorly in former President Donald Trump’s favor Monday, much to the delight of the world’s richest man Elon Musk, though odd movements on other sites offering wagers were far less drastic. Key Facts
Trump’s lead on Vice President Kamala Harris expanded rapidly Monday on the blockchain-based Polymarket, which allows users to place unconventional wagers on events like the presidential election.
Polymarket priced in a 53.3% chance of a Trump win and 46.1% of a Harris victory shortly after 6 p.m. EDT, up from 50.9% to 48.2% split in Trump’s favor as recently as 9:30 a.m., extending Trump’s Polymarket odds to their highest level since early August—shortly after Harris took over the Democratic nomination from President Joe Biden.
The Polymarket shift caused Trump to advance past Harris as the favored candidate by betting markets for the first time since Sept.
