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JUST IN: Trump Surges Ahead Of Kamala In Betting Markets Amid Disastrous DNC

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4 months ago

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Horse traders betting on who will win the White House in November haven’t liked what they’ve seen so far at the Democratic National Convention this week. That’s according to online political betting markets which are trending back in favor of former President Donald Trump.

At Polymarket, where bettors can stake wages on whether Trump or Vice President Kamala Harris will win the election, Trump now carries a lead of 52% to 47%, a turnaround from pre-DNC figures showing him trailing Harris 48% to 52%, respectively. The change is a five-point increase in support for Trump and a corresponding four-point decrease for Harris, an overall nine-point swing that is a remarkable indictment of how the market is judging this week’s liberal spectacle in Chicago. Over $681 million has been staked on the betting site.

(VOTE: Are You Supporting TRUMP Or KAMALA In November?)

Riots, teleprompter glitches, and embarrassingly long delays in programming have been noted by critics eager to contrast the Democrats’ moment in the spotlight with last month’s Republican National Convention in Milwaukee which largely carried on time and drew millions of viewers. Harris, who is expected to speak Thursday, has continued to shun requests for interviews or media availabilities, instead relying on spokesman Michael Tyler to make vague commitments about when she will do so. After Biden’s advisors anonymously lashed out at the DNC for carrying the program into overtime to the point that the president took the stage around midnight on Monday, Tyler absurdly claimed that extended periods of applause over the course of the night contributed to the delays.

Shortly after refusing to debate President Trump on Fox News, Harris briefly took questions from a scrum of reporters while stepping off her campaign bus at an event in Pennsylvania, delivering a word salad series of answers that might have left CNN viewers scratching their heads. One reporter asked Harris about her economic plan, which has drawn comparisons to policies implemented by Venezuela and the Soviet Union. Harris has proposed a price-fixing plan that would allow the Federal Trade Commission (FTC) and state attorneys general to impose hefty fines on grocery chains and their suppliers if their prices are deemed to be too high. She has also proposed a $25,000 payment for “first generation home buyers” and has proposed “forgiveness” of medical debt mainly for loyal Democratic Party voting blocs. “You unveiled your economic policies last week. Can you explain how you’re going to pay for those, and can you give me an example of what other policies you want to unveil next?” the reporter asked. An obtuse answer from Harris followed before aides moved her on.

The next opportunity for markets to judge Trump and Harris side-by-side will be at a September 10th debate held on ABC News. Trump, who is suing network anchor George Stephanopoulos for defamation, relented from his argument about a conflict of interest after initiating a pressure campaign meant to force Harris into a debate on Fox, his preferred network. Observers will be watching closely to see whether the vice president can string together enough one-liners and policy positions to make it through the two-hour encounter. Harris is expected to take incoming fire for her role as the administration’s “border czar.” During his own recent press conference, former President Donald Trump declared that his new rival is “not very smart,” contrasting his winding, hour-long appearance with Harris’s lack of transparency.

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