Kamala Harris Emerges as Democratic Nominee Frontrunner in Betting Markets Following Biden’s Debate Performance

The betting markets are buzzing with speculation as Vice President Kamala Harris emerges as the frontrunner in the race for the Democratic nominee following President Joe Biden‘s lackluster performance in the recent presidential debate against former President Donald Trump.

Platforms like Polymarket and PredictIt have witnessed a significant shift in odds, with Biden’s chances plummeting from an assured 90% to 49% and Harris soaring from 1% to 35%. The unexpected turn of events has put the Democratic party in a state of flux, with the vice president now leading the pack.

After initially lagging behind California Governor Gavin Newsom, Harris’s odds have surged on PredictIt’s betting market, indicating a marked shift in sentiment among bettors and speculators.

The latest data from Polymarket suggests a 53% chance of Biden dropping out of the presidential race before the Democratic convention, further fueling speculation about Harris taking the lead as the Democratic nominee.

While Harris currently leads the betting odds, a recent survey indicates that former First Lady Michelle Obama, though uninterested in running for president, remains the preferred candidate among voters for taking on Trump in November. With Biden’s debate performance causing ripples within the Democratic party, the dynamics of the 2024 election have taken a dramatic turn, setting the stage for an intriguing showdown between the Democrats and Republicans.