There are $3Bn in bets in Polymarket waiting for the new president to be declared. Supposedly, the betting markets are more accurate than polls in predicting results, because you need to put money on the candidate you think will win, as opposed to a poll where you can change your opinion without consequences. Polls are now everywhere, some of them have flipped in favor of Harris after being skewed to Trump for the last few days, but all of them have tightened. And polymarket has tightened too as you can see below. Predictit.org shows odds in favor of Harris to win the election, with the caveat that the limit of bets in Trump is reaching the system limit. in 2020, it flipped 24 hours before election day in favor of Biden. The show seems to be overtaking the importance of the elections, and the saddest part is we don’t have details on the policies that will be in place for the next 4 years, irrespective of whoever wins.
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