Trump's Betting Odds Decline Ahead of Election

In a surprising turn of events, betting markets have shifted significantly in favor of Vice President Kamala Harris just days before the 2024 election, with some platforms indicating her lead over former President Donald Trump. Recent polling, especially a notable survey from Iowa, has contributed to this shift, moving Harris's odds from 36% a week ago to as high as 55% on some betting platforms. Trump, who was previously seen as the overwhelming favorite, now faces declining confidence, with his odds dropping significantly across various betting markets like PredictIt and Kalshi. Despite this, Trump remains favored on platforms like Polymarket, where he holds around a 58% chance of winning. The volatility in these markets underscores a broader conversation about the reliability of betting odds versus traditional polling data. As millions of dollars are wagered, the outcome remains uncertain, reflecting the unpredictable nature of the race as Election Day approaches.