ECONOMY

us elections news: Betting markets have already picked who the winner is for White House; here’s their choice



Even more than the American voters, the betting markets seem more interested in the upcoming US elections 2024, as it looks like a lot of people have their money riding on their choice of US Presidential candidate to emerge victorious in the upcoming elections.

Are the betting markets favoring Donald Trump?

According to The Telegraph’s report, the betting markets have already made up their mind and chosen Donald Trump to be the winner of the upcoming US Presidential elections in November. Interestingly, the odds were already set in his favor since the end of July according to the latest analysis, and the complete and sudden takeover from Kamala Harris in the betting markets happened quite clearly in the last week, that sets the political intensity see a complete haywire.

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Donald Trump’s betting market odds touch record-breaking margin

As of Friday, the former US president’s odds had touched a gross 59%, which is technically the highest ever since the start of the election campaign. In July too, this figure was not so high, even when there was a major dilemma among the democratic camp about the choice of their US Presidential candidate and the subsequent endorsement of Kamala Harris, as a replacement for then candidate Joe Biden.

The Telegraph analysis of Betfair’s latest data shows that Trump’s odd’s touched and cross the 50% marker as soon as pollsters began predicting a possible lead for the former President in the swing state of Pennsylvania. This is a positive sign for the former US President as of now, since Pennsylvania has always been considered a blue state, and edging a victory would be like a major symbolic triumph for the Republican candidate.

Also Read: Harris will win comfortably in US elections, says this ex-Republican operative

FAQs:

Is Donald Trump surging ahead in the US elections?
According to the betting markets and pollster data, Donald Trump is doing quite well at this point, with major chances of him winning the upcoming US elections. Can Donald Trump win in Pennsylvania?
All though there are very slim chances, but latest poll data are claiming that Trump can see a major breakthrough in the swing state of Pennsylvania.

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