In the latest update from Polymarket, Vice President Kamala Harris has seen a notable increase in her odds of winning the 2024 U.S. Presidential Election. Currently, Harris’s chances stand at 51%, reflecting a 5% lead over former President Donald Trump, who is at 46%. Former First Lady Michelle Obama remains a distant third with just 1% of the market bet.
Polymarket, a crypto prediction market platform, allows users to bet on various outcomes, including the presidential race. The odds are based on the total amount wagered, with Harris’s current total bets amounting to $59,017,245 compared to Trump’s $70,668,087.
The market will resolve based on the outcome confirmed by the Associated Press, Fox News, and NBC. If all three sources declare the same winner by the inauguration date on January 20, 2025, the market will resolve accordingly. Should there be no consensus by that date, the market will be settled based on who is inaugurated. There may also be an update allowing for early expiration if a candidate is deemed no longer in contention.