Trump’s Odds Decline on Polymarket and Kalshi

Donald Trump’s odds of winning the 2024 presidential election have dropped by over 10% on the prediction markets Polymarket and Kalshi, currently standing at 59.1% on Polymarket and 55% on Kalshi.

Despite the decline, Trump remains slightly favored over his opponent, Kamala Harris, though recent polls show Harris gaining support, particularly among key demographics like Puerto Rican voters.

A prominent French bettor, Théo, who has placed significant wagers on Trump’s victory, clarified that his $30 million bet is based solely on market analysis, not political preference. If Trump wins, Théo stands to earn up to $80 million.

Trump’s odds continue to fluctuate in response to early voting trends and emerging poll data, adding to the uncertainty in the prediction markets as the election draws closer.

Stay tuned for the latest developments.

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