Decentralized Prediction Platform Gains Momentum Ahead of 2024 U.S. Presidential Election 🔮
Polymarket, a decentralized prediction platform allowing you to create markets on any question, is booming as the 2024 U.S. presidential election approaches. Users are flocking to bet hundreds of millions of dollars on the outcomes of various political contests and questions. Here is a breakdown of the action on Polymarket and what users are betting on:
What are People Betting On?
- Presidential Election Winner 2024: A heated betting pool where over $450 million has been wagered so far. Donald Trump leads with a 57% chance of victory, followed by Kamala Harris at 40%.
- Michelle Obama trails with just 1% in this market.
- Democratic Nominee 2024: Interest spiked after President Biden’s exit from the race. Kamala Harris dominates this $295 million market with a 97% chance, leaving Michelle Obama at 1%.
- Presidential Election Popular Vote Winner 2024: Over $60 million rides on this outcome, with Kamala Harris leading at 60%, Donald Trump at 38%, and Michelle Obama at 1%.
- Democratic VP Nominee: Pennsylvania Gov. Josh Shapiro leads this $67 million pool with 76% odds, followed by other potential nominees.
- Electoral College Margin of Victory: $11 million sits on whether Republicans or Democrats will have the lion’s share of electoral votes, with various outcomes in play.
Hot Take 🔥
Polymarket is abuzz with activity as users place their bets on the outcomes of key political events in the lead-up to the 2024 U.S. presidential election. Are you ready to join the action and make your predictions?