Even as key swing states are yet to be called, betting markets have already declared Republican candidate Donald Trump as the winner of US presidential election.
As per the latest Associated Press tally, Trump has won 246 Electoral College votes against Democratic candidate Kamala Harris’ 210. He has swing states of North Carolina and Georgia.
However, betting markets cited by Bloomberg have already declared Trump the winner .
Trump has 99 per cent chances to win as per Polymarket, 96 per cent chances to win as per Kalshi, and 96 per cent chances to win as per Predictt.
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While Trump was a favourite of betting markets from the onset , now they are nearly-unanimous in their view that his victory is just a matter of time.
On Monday, Polymarket predicted 62 per cent chances of Trump’s victory. The latest tally is a surge from earlier in the day when the three markets had 89 per cent, 84 per cent, and 83 per cent confidence in Trump’s victory.