The recent debate between Kamala Harris and Donald Trump turned into a high-stakes event, not just for political enthusiasts but also for the crypto-savvy crowd keeping an eye on prediction markets. Polymarket, the popular prediction platform, lit up during the event, with bettors placing wagers on everything from handshake odds to debate outcomes.
đźBetting Markets Favor Harris
As the debate unfolded, Harris emerged as the favorite on Polymarket. Her chances of winning the election slightly increased throughout the night, even though both candidates remain virtually tied in the betting contracts. Despite Harrisâ strong showing, the debate once again failed to mention anything related to crypto or digital finance, leaving some enthusiasts disappointed. Topics focused mainly on tariffs and the economy, with Harris critiquing Trumpâs trade deficit while Trump defended his stance on tariffs.
đźBettors Cash In
Bettors on Polymarket were quick to capitalize on the unpredictable nature of the debate. One user, known as âtrumpisreal,â bagged over $10,000 in USDC by betting that Trump would mention âSpringfieldâ and âCat,â a reference to his debunked claim about migrants eating pets in Ohio. Meanwhile, Harris bettors cashed in early when she mentioned âProject 2025â and âArtificial Intelligenceâ right at the start of the debate.
đź Big Money Still on the Line
With nearly $860 million wagered on the overall election, itâs clear that the excitement isnât just confined to the debate hall. The prediction markets continue to buzz, even as crypto remains absent from the discussion. Despite this, the action on Polymarket shows no signs of slowing down, with bettors still eagerly placing their bets on the race to the White House.
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