Bettors on decentralized blockchain betting site Polymarket have pushed up the odds of President Joe Biden withdrawing from the re-election race following news that he tested positive for COVID-19 this morning (Hourly Vietnam).
Bettors now see a 68% chance he will withdraw, close to the odds reflected a week ago when many allies signaled it was time for him to step down. This rate increased to 48% after Biden announced he had Covid.
Source: Polymarket
More than $16.7 million is being bet, one of the largest on this prediction market platform, which promises “live and unbiased 2024 election forecasts.”
According to AP, Biden tested positive for COVID while on business in Las Vegas, where he was scheduled to speak at the National Convention of UnidosUS, an organization that advocates and protects the civil rights of Hispanics. .
The White House said he will recover at his home in Delaware and "continue to fully perform all of his duties during that time."
The news comes just hours after Biden said in an interview that he would consider withdrawing if he had a “medical condition.”
He tweeted: “I tested positive for COVID-19 this afternoon, but I feel fine and thank everyone for their well wishes. I will self-quarantine as I recover, and during this time I will continue to work to accomplish my mission for the American people.”
The New York Times reported on Wednesday that he told BET News' Ed Gordon that he would follow his doctor's advice.
A series of Democratic lawmakers are calling for him to withdraw from the election campaign because of concerns about his age and health. They believe that Mr. Biden, America's oldest president, should cede the opportunity to the younger candidate to increase his chances of defeating his opponent Donald Trump.
ABC News the same day reported that Democratic leader in the Senate Chuck Schumer met with President Biden and said that his termination would be "better for the country and for the party."
This newspaper also quoted a well-informed source as saying that Democratic leader in the House of Representatives Hakeem Jeffries expressed a similar opinion to Mr. Biden.
Senator Schumer's office later issued a statement saying this was just "speculation" and that Mr. Schumer only "conveyed the views of Democratic senators in the Senate directly to President Biden" during the meeting on Thursday. July 17. Jeffries' office has not commented on the above information.
A total of 19 Democratic representatives and one senator have called on Mr. Biden to stop running. However, the White House boss repeatedly affirmed that he has not changed his opinion on the election race and emphasized that he is the most suitable person to defeat his opponent Trump.
Biden's election odds decreased
The Covid diagnosis also pushed the odds of Biden winning the US presidential election in November down to 13% on Wednesday, allowing Vice President Kamala Harris - who regularly takes his place in the bet —returns to second place.
More than $268 million is betting on this question, where former president Donald Trump has held the top spot for weeks. He is currently popular among crypto bettors with a 65% chance of winning.
Source: Polymarket
Bettors still expect Biden to be the eventual Democratic nominee. More than $125 million is at stake in this bet, where Biden remains the top prospect with a 49% chance, according to Polymarket data.
Source: https://tapchibitcoin.io/ty-le-bo-cuoc-cua-biden-tang-tren-polymarket-mac-covid-19.html
