US Presidential Election 2024: Betting data indicates Trump ahead; Does Harris have a chance of winning? Here are the details
US Presidential Election. The betting market is also closely watching these developments. The announcement by President Joe Biden that he has quit the race and endorsed Kamala Harris has been well received by the betting market. This has been reported by Sky News.
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Data from the Betfair Exchange revels that though Harris has surged ahead in recent times, she is still trailing behind her opponent Donald Trump. Harris has received the support from many members within her party. Further, the odds in the betting market are constantly evolving.
Trump and Biden:
After the disastrous performance in the first presidential debate, Biden trailed behind Trump by 57 percentage points before he pulled out. The betting market assessed Trump’s chances of winning at 64%, Harris at 17% and Biden who had only 7% of winning.
After the assassination attempt on Trump and just before the Republican National Convention, Trump’s chances stood at 69%. Trump’s chances after Biden pulled out of the race stood at 62%.
Kamala Harris:
The decision by Biden to endorse his running mate only marginally improved Harris’ chances of winning the election by 6%. Her chances of winning stood at 23%. Presently, her chances of winning stand at 29% which is the highest ever recorded but this is still 33% behind Trump.
According to the betting market, in 2021, Harris stood a better chance
