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The late money is coming in Trump - up 5% today on Polymarket

Posted on 11/5/24 at 1:20 am
Posted by StansberryRules
Member since Aug 2024
4519 posts
Posted on 11/5/24 at 1:20 am
From 56% to 61% in the past few hours.

Posted by Rebel
Graceland
Member since Jan 2005
141649 posts
Posted on 11/5/24 at 1:48 am to
It seems like it goes up every time I refresh the page.
Posted by timdonaghyswhistle
Member since Jul 2018
20804 posts
Posted on 11/5/24 at 1:50 am to
Ann Selzer polled Polymarket users and Harris won 55% - 52%.
Posted by MizzouBS
Missouri
Member since Dec 2014
6780 posts
Posted on 11/5/24 at 2:02 am to
There was $5 million bet for Trump. This has probably moved/changed the line a little.

The line is also moved by all the Trump supporters that believe he can’t lose. They think it is sure money

Democrats know there is no sure thing and will always be nervous after 2016
Posted by StansberryRules
Member since Aug 2024
4519 posts
Posted on 11/5/24 at 2:50 am to
There are going to be wild swings today, the states that do live returns will drive it and then the first smattering of returns after polls close will also drive it.

There will be panic selling by whichever side thinks they see doom to try to recoup whatever money they can.

So just be ready for a rollercoaster on there for a few hours while even tiny bits of info drive wild swings.
Posted by Canada_Baw
Member since Dec 2017
2488 posts
Posted on 11/5/24 at 2:53 am to
Bet in independents - RFk got out the vote.
Posted by Rebel
Graceland
Member since Jan 2005
141649 posts
Posted on 11/5/24 at 3:50 am to
It's up to 63.1 now.
Posted by timdonaghyswhistle
Member since Jul 2018
20804 posts
Posted on 11/5/24 at 3:55 am to
That's quite an interesting site. I'm guessing most of the comments are not Americans.
Posted by Rebel
Graceland
Member since Jan 2005
141649 posts
Posted on 11/5/24 at 4:08 am to
I don't know how much of an accurate barometer it will be for tonight's election, but it's interesting to watch.

I see 538's prediction machine shows Harris at 50% and Trump at 49%. Trump was up most of the week at around 54%.

It's going to be a long day and longer night.
Posted by timdonaghyswhistle
Member since Jul 2018
20804 posts
Posted on 11/5/24 at 4:15 am to
Their -150 is a little Trumpier than most of the offshore books taking large bets, but they still show Trump anywhere from -120 to -140.

I don't remember where I read this today and have no idea if it's accurate, but supposedly at the English books that take action on American elections, only two betting underdogs the day of the election have won: Trump in 2016 and Truman in 1948.

edit: just checked a few offshore books current odds and they are actually very much in line with what polymarket has, averaging around -150.
This post was edited on 11/5/24 at 4:27 am
Posted by StansberryRules
Member since Aug 2024
4519 posts
Posted on 11/5/24 at 4:42 am to
quote:

That's quite an interesting site. I'm guessing most of the comments are not Americans.


It's all crypto based and right now they don't "officially" accept Americans, but there were some recent legal rulings that were in there favor, it will be open to American soon.

But it's trivially easy to use the service currently as an American, you just use a VPN. They only check the IP of origin and since it's all crypto there are no payment processors to go through.
Posted by SlidellCajun
Slidell la
Member since May 2019
16095 posts
Posted on 11/5/24 at 5:21 am to
What did the betting markets have on voting eve 2020?
Posted by Nonetheless
MAGA
Member since Jan 2012
34373 posts
Posted on 11/5/24 at 5:21 am to
Biden up a good bit I do believe
Posted by Mandtgr47
Member since Aug 2024
7918 posts
Posted on 11/5/24 at 5:22 am to
quote:

MizzouBS


keep trying to justify the momentum shifting yet again as i no big deal. Your time is short now. Enjoy it.
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