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US Presidential Election: Who Are Bookmakers Betting On?

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In bookmakers, which usually accept bets not only on sports but also on other events, in particular, political ones, Republican Donald Trump is generally the favorite to win the US elections.

This was reported by URA-Inform with reference to Business Insider.

According to Business Insider, his rating fell slightly over the weekend of November 2-3. At the same time, one of the bookmakers is suspected of manipulating bets. Journalists noted that bookmakers became much more popular during the election campaign.

On Monday, the Polymarket betting market put Trump's chances of winning at 58%, up from 67% last week. Kalshi put the Republican's chances at 53%, up from 65% last week.

Another betting platform, PredictIt, has Harris's chances higher than Trump's. Bookmakers have done so for the first time in almost a month. According to the company, the Democrat has a 53% chance of winning, while Trump has a 51% chance.

Notably, Trump and his allies have been spreading the notion that bookmakers' predictions are more accurate than traditional polls in recent weeks. According to leading betting platforms, Donald Trump is ahead of his opponent, Democrat Kamala Harris. Polls, however, show that the difference in Trump's ratings with Harris is insignificant, constantly changing, with Harris holding a slight advantage.

There have been some suspicions regarding activity in the betting markets in recent weeks. In one case, a man named Theo was found to have bet more than $30 million on Trump to win on Polymarket. This was seen as an attempt to manipulate the market, but both the man and the platform have denied it.

«My intention is just to make money. There is absolutely no political issue», — Teo said in a comment to journalists.

It also became known about the election day in the US: what are the latest ratings of the candidates and what is known about the political tension in the country.

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