CandleFocus CHART: Prediction markets favor Trump over Harris on final day of US elections
2024-11-05
Author: Content Editor
On the final day of the 2024 United States presidential election, prediction markets seem to be favoring Donald Trump in the race for the White House. Crypto-based prediction platform Polymarket values a position in Trump winning at 61 cents, while Kamala Harris' position is valued at approximately 38 cents. Kalshi, another crypto-based market, is currently engaged in a dispute with the Commodity Futures Trading Commission but allows the purchase of Trump positions for 59 cents and Harris positions for 42 cents. PredictIt, a traditional prediction market, offers positions in Trump and Harris for 55 cents and 52 cents respectively. Online casino Bovada gives Trump higher odds at -165 and Harris at +145. The involvement of the crypto industry in the election has grown, with significant donations made by industry-affiliated firms and individuals.
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