Donald Trump and Kamala Harris are becoming inspirations for TikTok comedians
Many young adults are getting their news from TikTok as political comedians have gained popularity ahead of the elections.
The closer it gets, the closer it gets.
Former President Donald Trump has had a comfortable lead over Vice President Kamala Harris in the betting markets, but Harris has been gaining ground in recent days.
According to Real Clear Polling, Trump now has a 53.6% lead over Harris (45.1%) in betting odds. Trump has been in the lead since early October, with a double-digit lead over Harris last week.
Harris has made a big leap in the past 24 hours. As of Saturday afternoon, Trump’s lead was 58.3 to 40.3.
Harris is gaining ground almost everywhere, but Trump still has the lead in all markets.
BetOnline has Trump in the race, 56-44. Betfair and Polymarket have it 52-44. Betsson, Bovada, Bwin and Polymarket all have 54-46.
If you’re hoping to win money on Harris, you might want to place your bets now, as her odds are only going up. However, if you think Trump will be the next president, you may want to wait until his odds are a little lower before you can make more money.
Either way, you have two days to place your bets.
Gamblers are more likely to win Trump than in previous elections
Trump’s odds of winning are now just a few percentage points below the peak the campaign reached on the opening day of the Republican National Convention. As of July 16, his odds of beating Biden were over 70% on Polymarket and Betfair Exchange.
According to a 2004 article in the Journal of Economic Perspectives, the clear betting favorite has lost only twice in the month before the election, in 1916 and 1948. The betting markets also failed to predict Trump’s 2016 victory.
-Jim Sergent
How much money was wagered on the elections?
Although it was previously banned in the United States, Americans legally bet more than $100 million on this election, according to NPR.
