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Home Regulation

Kamala Harris and Donald Trump Tied in Polymarket Betting for 2024 Presidency

by Dan K
Aug 10, 2024 - 8:00 pm
in Regulation
Image depicting Kamala Harris and Donald Trump as leading candidates for the 2024 U.S. Presidential election.

Kamala Harris and Donald Trump Tied in Polymarket Betting for 2024 Presidency

In a surprising turn of events, the soon to be official Democratic presidential candidate Kamala Harris and the Republican candidate Donald Trump are in fact in a Polymarket bet where they are both named the 2024 U.S. presidential election winner. The prediction market’s website currently shows both candidates receiving an equal share of 49% of the vote.

Polymarket Bet Shows Candidates Tied

The two contenders Trump and Harris have each collected 49% of the votes on the bet named “Presidential Election Winner 2024“. Participants in the bet make no choices to the sum of 2% which is possible with politics as people desire to “waste” votes. The names on this list are led by former First Lady Hillary Clinton and include Senator Elizabeth Warren of Massachusetts and the third-party candidate Robert F. Kennedy Jr.Among the others.

Trump, on the other hand, has been behind Harris by one full percentage point but was able to regain the lead thus far as per the latest data from Polymarket, as stated by the source.

Harris Surges in National Polls

The demand for a recount – as mentioned in the Polymarket report – was not the single sign that the election would be a fierce battle. Harris has recently been at the top of some of the nationwide polls, the first time since the President of the US, Joe Biden, announced that he was not going to contest the election this month. Thus, the shift of the trend will usher in a heated contest between the main contenders.

Harris with Trump faces off in a one-on-one showdown on ABC News this September 10. It will be the first of a series of debates between them, and since the time Biden displayed apathy against Trump in June, it will be the first debate between them.

Crypto Politics Intensify Over Trump-Harris Race

It is no secret that as modern assets become more popular by the day, crypto politics have become more important in the 2024 election cycle. A recent survey indicates that 20% of voters in the swing states of America treat crypto as a major issue which influences their voting decisions.

Trump’s unique voice as the cryptocurrency-friendly candidate has echoed throughout the presidential campaign period, starting with the Bitcoin Conference 2024 in Nashville, where he was reported to be promising – if elected – to take the US crypto sector to the top of the world. On the other hand, a Democratic crypto collective supporting Harris is exerting efforts to dislodge Trump from his CMBS throne.

The newly formed Crypto For Harris campaign will have its first town hall next Wednesday. Some of the speakers who will show up at the event are billionaires like Mark Cuban and big names from the political scene such as ex-White House communications director Anthony Scaramucci along with several top U.S. lawmakers. They are set to talk about the role of the digital asset community and their active support for Harris up to the month of November.

The fight’s outcome and thereby whether it shall be a game-changer in these times of the presidential race are unresolved as we are yet to see how everything will unfold. With both contenders locked in a close tussle as per polls and betting markets, the digital assets’ role may prove to be instrumental in deciding the newest inhabitant of the White House.

Tags: CryptocurrencyRegulationUS
Dan K

Dan K

Dan K, the chief editor, is a visionary wordsmith, shaping narratives with finesse. His discerning eye for detail creates literary masterpieces.

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