Who will win the election? Trump surges in prediction markets
Betting markets turned heavily toward Donald Trump on Tuesday night as the first states were called for the presidential election.
Deep red Kentucky, Indiana and West Virginia voted for Donald Trump, and dark blue Vermont voted for Kamala Harris when polls closed in those states.
According to KalshiTrump’s margin of victory increased to 62% from 57% earlier in the day. ABOVE Anticipate itThe contract that helped Trump win the election rose to 60 cents from 54 cents on Monday. On the new one Traders forecast IBKR from Interactive Brokers, Trump’s odds increased to 72% from 59% earlier in the day.
Multi-marketa cryptocurrency-based prediction market, showed Trump’s chances rose to 70% Tuesday night from 62% early in the morning.
Meanwhile, Financial markets also began to price in Trump’s victoryas the dollar, Treasury yields, Bitcoin and shares of Trump Media and Technology spiked in after-hours trading.
Last week and over the weekend, the prediction market showed Strong motivation for Harriswho even briefly led on some exchanges.
Harris’s consolidation prospects were closely watched on Saturday Des Moines Register/Communication Iowa Poll conducted by Selzer & Co. shows Harris leads Trump 47% to 44% among likely voters.
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