Prediction markets imply that President Joe Biden may likely win the popular vote, but the presidency could remain with Donald Trump. This exciting outcome would mark another instance of Trump winning if it pans out. Prediction Markets Indicate Biden’s Popular Vote Win, Trump’s Presidential Retention
______________________________________________________________________
- People think President Biden has a 56% chance of winning the popular vote, but President Donald Trump will likely remain in office.
- Barron Trump’s use of the DJT token on Solana is raising concerns about its prices.
- Even though some people have said so, Biden’s campaign still needs to accept cryptocurrency donations.
______________________________________________________________________
Prediction Markets Suggest Biden to Secure Popular Vote, Trump Likely to Retain Presidency
People are guessing that President Joe Biden might win the popular vote, but President Donald Trump might stay as President. This happened before when Trump won without getting the most votes.
On Polymarket, a betting site, there’s a 56% chance that Biden will win the most votes. They’ll get $1 for each share they bet if they’re right.
But, they think Trump only has a 36% chance of winning the most votes. This question has gotten $36 million in bets, making it the fourth most significant topic on Polymarket.
The most significant topic is who will win the presidency, with $182 million in bets. People think Trump has a 57% chance of winning, and Biden only has a 35% chance.
Polymarket doesn’t let people from the U.S. bet. However, on PredictIt, another betting site, people think Trump has a 52% chance of winning, and Biden has a 47% chance. There’s $15.7 million in bets on this site.
The Electoral College is how the U.S. picks its president. It was made to balance the power of big and small states. Some people don’t think it’s fair, but others think it protects the rights of the minority. If Trump wins without getting the most votes again, people might protest and say he’s “Not My President”.
In other news, Biden’s campaign has yet to start taking cryptocurrency donations, which has upset some bettors. Also, there’s some fuss about Barron Trump making a DJT token on Solana, a type of cryptocurrency. Neither the Trump campaign nor Barron has talked about it, which has decreased the price of DJT.
Sign up for our newsletters to stay updated with the latest news. You will receive insightful, timely information.”
Leave a Reply