There are now over $200 million worth of bets on who will win the United States presidential election — now just four months out.
At the time of writing, there are $203.3 million worth of bets in “Presidential Election Winner 2024” — which consists of individual “Yes” or “No” bets across 17 prediction markets. Second is current U.S. President Joe Biden, who has $23.9 million in bets on whether or not he will make it as president for a second term. Those odds, however, have fallen from 34% to 21% since his lackluster
Biden’s recent debate performance has also led to a spike in “Yes” bets on “Biden drops out of presidential race” and “Biden drops out by July 4” markets, which are now at 43% and 9%, respectively. Over $10 million in
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