$58 million wagered on US presidential election as Trump's odds decline

newsweek.com

Over the weekend, more than $58 million was bet on the U.S. presidential election, marking a significant increase in gambling activity. Former President Donald Trump's odds of winning dropped from 65 percent to 57 percent, now at 4/5. A new poll showed Vice President Kamala Harris leading Trump in Iowa, a state he previously won. This shift in polling has contributed to the change in betting odds, with Harris now at 5/4, giving her a 43 percent chance of winning. Overall, $218 million has been wagered on the election outcome, with expectations for more bets in the final days before Election Day. Betting markets are seen as a reflection of public sentiment, though their accuracy can vary.


With a significance score of 3.4, this news ranks in the top 8.8% of today's 30437 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers: