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closest presidential election raceWashington Examiner
•84% Informative
Well over $3 billion was bet on the 2024 presidential race, including over $2.6 billion on Polymarket alone.
The bettors predicted a Trump victory for 30 consecutive days going into the election, giving him a 28.9 -point lead a week ago .
Election markets tend to favor Democrats in general, but less so than the polls or predictive models such as FiveThirtyEight. They tend to be more “surprised” when a Republican candidate wins, making it no surprise that Trump outperformed the betting odds in 2024 .
Trump outperformed the odds and the polls en route to victory in the Electoral College and popular vote.
History shows that betting odds are efficient at predicting a candidate’s chance of winning an election.
Between 2016 and 2022 , ElectionBettingOdds tracked 807 different candidates’ chances across a number of elections.
VR Score
90
Informative language
91
Neutral language
52
Article tone
formal
Language
English
Language complexity
41
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
5
Source diversity
5
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