There are now over $200 million worth of bets on who will win the United States presidential election — now just four months out.
Decentralized predictions platform Polymarket hit $100 million in monthly trading volume in June as punters upped their stakes on how they think the United States presidential election will play out.
At the time of writing, there are $203.3 million worth of bets in “Presidential Election Winner 2024” — which consists of individual “Yes” or “No” bets across 17 prediction markets.
U.S. President Donald Trump is currently the favorite, with 62% odds that he will win the U.S. election — totaling $24.7 million in bets for and against.