Trump Wins, Flips Harris on Polymarket Betting Odds!

Trump

Media houses have started calling for Donald Trump’s win. According to reports, Fox just called Pennsylvania for Trump. This has shot his odds of winning the election by far. All betting sites have Trump’s odds between 90-99%. As it stands, Trump has already given his victory speech.

Donald Trump on a path to victory

According to on-chain data from Polymarket, The $3.6 billion “Presidential Election Winner 2024” bet has turned to 99% odds of Trump being POTUS. However, bettors have yet to cash out their wins. 

The betting platform added a notice stating, “This Presidential market resolves when the Associated Press, Fox, and NBC all call the election for the same candidate. In the unlikely event that doesn’t happen, the market will remain open until inauguration and resolve to whoever gets inaugurated.”

Polymarket bets on Donald Trump
Polymarket bets on Donald Trump

On the other hand, the $602 million “Popular Vote Winner 2024” has gone to Trump. This is the first time a Republican will win a popular vote, according to FOX. Also, Trump has won all key states in this election.

Other bets are coming up following the election win and the prediction of the American economy’s future under Trump.

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Florence Muchai
Written by Florence Muchai

Florence Muchai is a crypto journalist at CryptoNewsZ with four years of experience covering Crypto, Blockchain, Web3, NFT, and AI. She has written for MSN and CryptoPolitan, bringing a wealth of knowledge to the industry. Florence holds a Bachelor's Degree in Disaster Management and International Diplomacy and a Master's Degree in Clinical Psychology. She is a digital nomad and explores the intersections of decentralized and traditional finance, offering insightful analysis on wealth creation, financial literacy, and the evolving digital economy. She is passionate about empowering readers with knowledge and delves into emerging trends, regulatory developments, and the impact of blockchain on global finance.