Election Betting Odds: How The Market Prices Harris And Trump Wins - News Summed Up

Election Betting Odds: How The Market Prices Harris And Trump Wins


Polymarket: Perhaps the most famous election betting player, the blockchain-based site leans the heaviest toward Trump, giving him 62% implied odds of victory compared to Harris’ 38% by about 8:30 a.m. EST. PredictIt: The site tilting most strongly toward Harris, PredictIt prices in roughly 49% odds for Harris compared to 51% for Trump. Interactive Brokers: The digital brokerage run by billionaire Thomas Peterffy offers election betting via its subsidiary ForecastEx, which prices in 60% odds for Trump and 43% for Harris. That’s the betting market’s aggregated odds for a Trump victory, according to the Election Betting Odds tool, which tracks odds across Betfair, Kalshi, PredictIt, Polymarket and Smarkets. Election betting sites which operate legally in the U.S. have comparative limits, with Robinhood allowing 5,000 contracts per user and PredictIt $850 per user on each election market.


Source: Forbes November 05, 2024 15:37 UTC



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