Former President Donald Trump remains the frontrunner in the upcoming presidential election according to betting markets, though recent trends suggest Vice President Kamala Harris is closing the gap as election day nears.
Earlier data positioned Trump strongly, with odds favoring him at over 60%. However, recent shifts show the race tightening, creating the possibility of a much closer outcome than initially predicted.
Trump’s Chances Slip on Polymarket as Harris Rises
On Polymarket, a decentralized prediction platform, Harris’s odds rose from 33% on October 30 to roughly 44%. This increase has corresponded with a drop in Trump’s odds, which now stand at a two-week low of 56%, reflecting a tempered outlook for his victory despite his continued lead.
A similar movement has appeared on Kalshi, a US-based betting platform, where Harris’s odds have climbed to 49%, trailing Trump by a slim two-point margin.
Read More: How To Use Polymarket In The United States: Step-by-Step Guide
Analysts speculate this uptick may indicate traders hedging their Trump positions by investing in Harris shares. Some see this shift as a response to recent concerns about voting irregularities that could impact Trump’s standing. Meanwhile, others suggest that market dynamics could be influencing Harris’s odds, with some activity possibly pushing her numbers up.
“Across multiple betting avenues they’re manipulating the odds and
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Author: Oluwapelumi Adejumo
