Forbes on Nostr: Trump’s Polymarket Odds Top 60%: How Election Betting Markets Differ From Polls ...
Trump’s Polymarket Odds Top 60%: How Election Betting Markets Differ From Polls
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As of October 17, 2024, Trump’s Polymarket odds exceed 60%, indicating a significant shift in betting markets favoring his potential victory; this is the first time since late July that Trump has surpassed this threshold, coinciding with Biden's withdrawal from the race; other betting sites show Trump with odds of 58%, 57%, and 54%; Nate Silver's model gives Trump a 50.2% chance versus Harris's 49.5%, while FiveThirtyEight shows Harris leading 53% to 46%; Trump's Media Group shares rose 86% in October, reflecting investor confidence; hedge fund manager Stanley Druckenmiller notes broader market trends supporting Trump's potential win; the disparity between betting odds and polling data raises questions about demographic influences on betting sites.
#Trump #Harris #Election #Betting #Polls #2024 #Investments #Markets #Politics #Finance
https://www.forbes.com/sites/dereksaul/2024/10/17/trumps-polymarket-odds-top-60-how-election-betting-markets-differ-from-polls/
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As of October 17, 2024, Trump’s Polymarket odds exceed 60%, indicating a significant shift in betting markets favoring his potential victory; this is the first time since late July that Trump has surpassed this threshold, coinciding with Biden's withdrawal from the race; other betting sites show Trump with odds of 58%, 57%, and 54%; Nate Silver's model gives Trump a 50.2% chance versus Harris's 49.5%, while FiveThirtyEight shows Harris leading 53% to 46%; Trump's Media Group shares rose 86% in October, reflecting investor confidence; hedge fund manager Stanley Druckenmiller notes broader market trends supporting Trump's potential win; the disparity between betting odds and polling data raises questions about demographic influences on betting sites.
#Trump #Harris #Election #Betting #Polls #2024 #Investments #Markets #Politics #Finance
https://www.forbes.com/sites/dereksaul/2024/10/17/trumps-polymarket-odds-top-60-how-election-betting-markets-differ-from-polls/