Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
The race for the U.S. presidency has taken yet another turn as betting odds on Polymarket have shifted in favor of former President Donald Trump.
The shift comes in the wake of signals from Robert F. Kennedy Jr.’s independent campaign that he may be preparing to withdraw and potentially endorse Trump.
On Tuesday, Polymarket saw a swing in Trump’s favor, with bettors predicting a 52% chance of Trump winning the presidential election, edging out Vice President Kamala Harris, who holds a 47% chance.
Just a day earlier, Harris was slightly ahead, with both candidates almost evenly matched.
The potential withdrawal of Kennedy appears to have influenced these betting patterns, particularly in critical battleground states like Pennsylvania.
Previously, Harris was favored to win in Pennsylvania, but the odds have now shifted to reflect a nearly even race between her and Trump.
Trump’s lead in the odds is up to 5%. pic.twitter.com/uDguZkd116
Despite the momentum on Polymarket, other platforms tell a different story.
PredictIt, a New Zealand-based betting platform, still shows Harris as the frontrunner, with a 56% chance of victory compared to Trump’s 47%.
Data from the Election Betting Odds tracker, which compiles information from multiple sources, indicates a tightening race.
Trump now holds a 49.3% chance of winning in November, just slightly ahead of Harris, who has a 49.1% chance.
This marks a dramatic shift from earlier in the week when Harris led by more than five percentage points.
A key difference between these platforms is their
Read more on cryptonews.com