Insightful Betting Trends on U.S. Presidential Elections π
Recent betting trends on Polymarket show some intriguing insights into the U.S. Presidential race. With more than $7 million wagered on U.S. President Joe Biden dropping out of the election, the odds for various outcomes have shifted dramatically. Here’s a breakdown of the current betting scenario:
Betting Trends on Polymarket π
- Over $7 million wagered on Biden dropping out of the election.
- 38% chance that Biden will leave the race after the first debate against Trump.
- $191 million bet on the winner of the election, with 63% odds favoring Trump.
- More than $328 million bet on different aspects of the U.S. election on Polymarket.
- $54,000 wagered on Biden closing his eyes for more than 3 seconds during the debate.
- Over $200,000 bet on whether Biden would soil himself during the debate.
Political Betting Pool Trends πΊπΈ
- The betting pool for predicting the Democratic nominee after the party’s national convention in August.
- Current odds give Biden a 61% chance of clinching the nomination, with other candidates like Gavin Newsom and Kamala Harris trailing behind.
- Speculations around Biden’s performance in the debate triggering significant shifts in the betting odds.
Impact on Meme Coins πͺ
- Trump-themed meme coins experience a drop, with some Biden-inspired ones soaring in value.
- Solana meme coin “Jeo Boden” plunges 35% while “Kamala Horris” and “Obema” coins surge 129%.
- Political meme coins are highly volatile and risky investments due to their penny values.
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