- Trump is ahead of Harris by over 2.2% on Polymarket but trails on a key state.
- Elon Musk endorsed the former U.S. president over the weekend.
Decentralized prediction market platform Polymarket has given Donald Trump 50.6% odds of winning the upcoming elections. His democratic competitor, current Vice President Kamara Harris, has a 48.4% chance.
Trump’s lead comes just two days after tech billionaire Elon Musk first appeared at Trump’s rally in Butler, Pennsylvania, where the former president dodged an assassination attempt. Harris had led the Polymarket prediction for a large part of September, although Trump bets have grown this month as the crypto issue grows as a campaign platform.
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More Accurate Than Polls – Musk
The Polymarket predictions come when the New York Times national polling averages predict a Harris win of 49% against Trump’s 47%. However, Trump’s tech billionaire supporter Musk believes the betting market odds are more accurate than the polls. He said:
“Trump is now leading Kamala by 3% in the betting market. More accurate than polls, as actual money is on the line.”
While it remains to be seen who wins the hotly contested seat, crypto has been a thorny topic for the 2024 presidential elections. Trump has publicly endorsed crypto, while Harris has largely kept silent.
In recent weeks, Harris has endeared herself to crypto voters, saying she intends to support digital assets. Still, Trump trails Harris in Nevada based on the Polymarket contract, a state traditionally known to hold a lot of predictive power on U.S. election results.