Polymarket Users Wager Millions on Trump and Harris Victories

As the U.S. presidential election approaches, bets on the prediction platform Polymarket for various candidates have surged significantly.

One user has wagered over $15 million on Donald Trump’s victory, with a potential payout of $24.7 million.

This guy bet $15 million on Trump.

Will he come out ahead? pic.twitter.com/DlzTcnQ1kP

— Polymarket (@Polymarket) November 4, 2024

Another trader has placed a $5 million bet on Kamala Harris, with a potential return of $10.8 million.

This trader bet $5 million on Kamala Harris.

What do they know? pic.twitter.com/v6YEXPTrIL

— Polymarket (@Polymarket) November 4, 2024

Jim Cramer, the host of Mad Money known for his “contrarian” forecasts, believes Kamala Harris will win the election, “after analyzing the actions of Wall Street traders.”

At the time of writing, 61.7% of Polymarket users are convinced of a Trump victory, while Harris has 38.5% support.

Meanwhile, the likelihood of the election results being announced tomorrow stands at just 23%.

There’s only a 23% chance the election will be called tomorrow. pic.twitter.com/cDNm3wDoFJ

— Polymarket (@Polymarket) November 4, 2024

Previously, the CEO of Polymarket emphasized the platform’s nonpartisan stance.