2024 Election Betting Odds: Joe Biden Has 8% Chance Of Winning According To Sportsbooks, Prediction Markets
Portfolio Pulse from Chris Katje
Sportsbooks and prediction markets show President Joe Biden with low odds of winning the 2024 presidential election, with Donald Trump as the heavy favorite. BetMGM, a joint venture of MGM Resorts Worldwide, provides odds indicating a significant lead for Trump.
July 19, 2024 | 8:46 pm
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POSITIVE IMPACT
Polymarket users can bet on the 2024 election using Ethereum, which could see increased transaction volume and demand due to heightened betting activity.
As Polymarket users bet on the 2024 election using Ethereum, the increased transaction volume and demand could positively impact ETH's price.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Polymarket users can bet on the 2024 election using Polygon, which could see increased transaction volume and demand due to heightened betting activity.
As Polymarket users bet on the 2024 election using Polygon, the increased transaction volume and demand could positively impact MATIC's price.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
MGM Resorts Worldwide, through its joint venture BetMGM, shows Donald Trump with a 61% chance of winning the 2024 election, which could drive increased betting activity.
BetMGM's odds favoring Trump could lead to increased betting activity, potentially boosting MGM's revenue and positively impacting its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Polymarket users can bet on the 2024 election using USDC, which could see increased transaction volume and demand due to heightened betting activity.
As Polymarket users bet on the 2024 election using USDC, the increased transaction volume and demand could positively impact USDC's price.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60