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Chaos on Polymarket as RFK Jr. Suspends Presidential Campaign
Polymarket traders had penciled in a 90% chance that Kennedy would drop out Friday.
Independent presidential candidate Robert F. Kennedy Jr. has announced the suspension of his campaign, sparking a frenzy among Polymarket bettors.
A Polymarket wager on whether Kennedy would cease his presidential campaign by Friday has caused controversy as bettors are not sure whether it is resolved or not.
The specific wager, which has attracted over $300,000, stated that the market would resolve in the affirmative if he “officially announces his withdrawal” from the nail-biter November election.
Kennedy Confuses Polymarket Bettors
Polymarket traders had penciled in a 90% chance that Kennedy would drop out Friday shortly before he spoke in Arizona.
However, as he addressed his supporters, the odds took a nosedive to a mere 6% after his declaration that he would not completely abandon his presidential bid but would withdraw his candidacy from critical battleground states like Arizona.
“I’m not terminating my campaign, I’m simply suspending it,” he said.
