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Biden Leads Trump In Polling And Betting Market Aggregator

US

US President Joe Biden is now favoured over former President Donald Trump to win the presidency for the first time since October 2023, according Election Betting Odds - a site which aggregates data from polling and data from betting and prediction markets.

  • The most notable shift appears to have come in prediction markets which have seen a mini-surge towards Biden in recent days. According to PredictIt, Biden is now assigned a 51% implied probability of winning compared to 45% for Trump. A considerable swing to Biden who trailed Trump by a similar margin at the start of March.
  • The changing calculus is likely due to an increasingly stable economic outlook derisking one of Biden's key vulnerabilities and serious financing problems for Trump which may hinder his ability to match Biden's ad buys in swing states.

Figure 1: 2024 Presidential Election Winner

Source Election Betting Odds

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