Betting markets and odds are indicating a significant drop in the likelihood of Joe Biden winning the Democratic nomination for the 2024 Presidential Election. PredictIt shows Biden's chances at 76%, down from previous percentages. Polymarket data also reflects a decline, with Biden's odds dropping to 33% and Trump's increasing to 53%. This trend has been observed over the last week, prompting speculation about the possibility of Biden not being the nominee. Michelle Obama's odds of winning the Democratic nomination have risen to 9%, while Biden's odds of dropping out are at 31%. Despite this, Biden's odds of winning the popular vote stand at 54%.
Some very interesting moves in the U.S. Presidential Election odds on Polymarket. -Biden is down to 33% to win -Michelle Obama up to 9% to win Dem Nominee -Biden at 31% to drop out -Yet Biden is at 54% to win popular vote π€ Also notable that the primary election bet has $50Mβ¦ https://t.co/0UGQMX4Np4
Betting markets for Presidential Election are fascinating right now. On the surface, Biden at only 33% seems insanely low. If he is the nominee, this will be closer to 48/52 But markets seem to be pricing in that he won't even be the nominee π€ via @Polymarket https://t.co/Bk9Qx3OsJI
Pretty big drop for Biden in the betting markets over the last week https://t.co/cz2hd6SzSv
πΊπ² Presidential Betting Odds 2020 RCP avg. β’ Biden β 65% (+30) β’ Trump β 35% 2024: @Polymarket β’ Trump β 53% (+20) β’ Biden β 33% @Polymarket February 9 odds https://t.co/BBwAM9qWMw https://t.co/GeSqRJfZAK
πΊπ² Presidential Betting Odds Trends 2020 RCP avg. β’ Biden β 65% (+30) β’ Trump β 35% @Polymarket β’ Trump β 53% (+18) β’ Biden β 35% @Polymarket | Feb. 8, 2024 vs Oct. 2020 https://t.co/BBwAM9qWMw https://t.co/UGIcQfk9Mr
Joe Bidenβs odds to be the 2024 Democratic nominee are dropping massively in real time on all the betting markets.
Make of this what you will, but the betting markets are showing a meaningful chance Biden is not going to be the nominee https://t.co/G9yrYDEiJI
Biden to win the Democratic nomination has dropped to 76% on PredictIt based on this. https://t.co/BlvUMXa59L