Kanya West US Presidential Elections

NAIROBI (CoinChapter.com) — The United States presidential race between Donald Trump and Kamala Harris has narrowed to a statistical tie. But, interestingly, traders are also betting on the prospects of Kanya West winning the election on Nov. 5, putting almost $9 million in crypto bets despite his nearly nonexistent odds of winning.

The betting platform Polymarket reveals the absurdity of these bets alongside other improbable names, including Bernie Sanders, Alexandria Ocasio-Cortez (AOC), and Hillary Clinton. Yet Kanye has managed to pull in a surprising amount of attention—and dollars.

Patrick Collins, a prominent blockchain developer, flagged this trend in a humorous tweet, pointing out that there’s no such thing as “smart money” with figures like these.

Polymarket shows $9M volume on Kanye West’s presidential odds. Source: Patrick Collins/X

Polymarket users can bet “yes” for Kanye at 0.1 cents, while betting “no” costs $1, reflecting widespread doubt. Yet, some bettors seem drawn to the improbable, with other unlikely candidates like Bernie Sanders and AOC also attracting wagers, though none to Kanye’s level.

Trump and Harris Locked in a Virtual Tie

Meanwhile, the actual presidential contenders, Trump and Harris, remain in a dead heat. Data analyst Nate Silver’s final forecast, based on 80,000 simulations, gives Harris a 48.6% edge over Trump’s 47.6%, a virtual tie after Harris made up an 11-point deficit from early Nov. FiveThirtyEight’s model also shows a narrow margin, with Harris at 50% to Trump’s 49%.

Polls from NBC News, Emerson College, and HarrisX/Forbes similarly show no clear front-runner, with Harris often leading by just one point. A PBS News/NPR/Marist survey has her ahead by four points (51%-47%) but also notes that 10% of voters remain undecided, leaving the race up in the air.

Polymarket odds favor Trump at 60.5% over Harris. Source: Polymarket

While traditional polls show a tight race, Polymarket’s betting data reveals a different perspective, with Trump holding a strong 60.1% to Harris’s 40.0% in betting volume. This betting trend suggests that while pollsters see a toss-up, bettors lean heavily toward a Trump victory.

Decisive Role of Undecided Voters

With Election Day imminent, undecided voters could tip the scales. Polls show that Trump and Harris are neck-and-neck, with both campaigns working to capture the remaining undecided votes. In this tight race, even slight shifts in preference could determine the outcome.

Kanye West’s speculative betting figures highlight the unpredictable mood of the 2024 election. Although Kanye’s odds are almost zero, the $9 million in bets placed on him underscores that for some, the thrill of risk outweighs realism. In an election this close, where the unexpected has already made headlines, the outcome remains anyone’s guess.

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