There IS a new report that the betting outfit COULD be working to help the Trump Presidency campaign…..
…In the puzzle that is the 2024 election, many people are turning to prediction markets offered by Kalshi and rivals such as Polymarket or PredictIt. They lure some to put down money and others as an alternative readout on the state of the presidential race to those offered by conventional pollsters, pundits and the media. Around $2 billion in cryptocurrency has been wagered on predicting the next president on Polymarket as of Friday. The New York-based company says it receives tens of millions of visits per month….
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As of Friday, pricing on Polymarket suggested former president Donald Trump had a 60 percent chance of winning the presidency and Kamala Harris had a 40 percent chance. On Kalshi, Trump was trading at 56 percent and Harris at 44 percent. The Washington Post’s polling average, which incorporates 53 national polls, shows Harris with a lead of two percentage points over Trump. Speculation surged on social media this week about who might be behind Polymarket accounts that placed tens of millions on a Trump victory…. .
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The majority of Polymarket’s 210,000 users have lost modest amounts of money on the platform, according to the analytics site LayerHub, and as of Friday only 12 percent of users have made a profit….
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The all the sudden Trump higher betting to win?….
Trump’s odds of defeating Vice President Kamala Harris next month have received a massive boost in recent weeks on Polymarket, an online betting platform that was funded partly by longtime Trump backer Peter Thiel.
Polymarket gave Trump a 60 percent chance of winning on Friday, while Harris was given a 40 percent chance. Although polls continue to show Harris slightly ahead or the race neck-and-neck, the contest was last tied on Polymarket October 4.
The Wall Street Journal reported on Friday that “the surge might be a mirage” created by just four mysterious accounts that have recently spent around $30 million betting on Trump. Polymarket odds are dictated by so-called “collective wisdom” rather than outside factors like polling data…
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Miguel Morel, CEO of crypto analysis firm Arkham Intelligence, reportedly said that there was a “strong reason to believe” that all four Polymarket accounts that are betting heavily on Trump “are the same entity.”
The accounts—Fredi9999, Theo4, PrincessCaro and Michie—reportedly created between June and earlier this month, were all funded using the same cryptocurrency exchange and all have similar betting patterns….
Note…
The Feds are trying to shut down this type of betting…
Scott P says
Lindsey Graham melted down going after Republicans backing Harris. I gotta think there are some photos of Graham with young men of questionable age that Trump is holding on to. What else would explain this?
My Name Is Jack says
Yeah I saw where Graham said that he “ can’t take four more years of this crap.”
Perhaps he should consider leaving the country?
I’m sure a bipartisan group would be happy to be at the dock at Charleston to wave a fond farewell as he sailed off into the sunset!
Scott P says
He can’t take four more years of having a President who doesn’t talk about Arnold Palmer’s huge dick?
CG says
Joe Biden- “I knew Milton Berle. Milton Berle was a friend of mine…”
Ghost of SE says
Reminds me of my parody of the Biden/Trump debate. Some silliness in an alarming moment. Found myself looking up SNL writers on Google in an attempt to make it happen.
Moderator brings up Childcare
Biden: “I knew Winnie the Pooh. He was a friend of mine. And the day my opponent signed into law that tax cut for polluters was the moment he killed my friend and I decided I’m gonna run for President. And that’s what I’m gonna do for childcare.”
Trump: “I don’t know WTF you just said, you don’t know WTF you just said. I am the Bear. I am big. I am strong. I am powerful. And unlike you, Joe, Trump got it done! Trump will get it done! Trump will never give you up. Trump will never let you down. “
My Name Is Jack says
Funny thing about Graham.
I have never met anyone in SC ,Democrat or Republican,who has ever admitted voting for him.
CG says
Didn’t you vote for him in 2008?
My Name Is Jack says
Might have…
Don’t remember.
If I did? I would still deny it.
When you get old?
You can do that!
CG says
Oh, I remember. You definitely did, The flat-top Democrat nominated to run against him was a Ron Paul guy who ran to Graham’s right.
My Name Is Jack says
Anyway my point was that people who voted for him will still deny it.
Obviously a lot of people do.
He keeps winning.
Ghost of SE says
Guys like Bob Conley and Alvin Greene …SC Democrats should have adopted as their slogan “At least we’re better than the Alabama and Tennessee parties.”
I could see Graham, fresh off the amnesty fight, being preferable to a Ron Paul freak.
CG says
I am watching the reply of Graham on MTP. After his rants, he keeps smiling immediately after he is finished. He knows he is “performing” and he knows that Kristen Welker knows he is performing. It’s all show business.
The funniest part is he says that Harris will “hold back Ukraine” as a surrogate for Trump.
My Name Is Jack says
Peggy Palmer, Arnold’s oldest daughter , sharply criticized Trump for his remarks about her father.
She said that prior to his death her father was “ appalled “by Trumps campaign in 2016.
jamesb says
Arnold Palmer’s Daughter Weighs In On Trump’s Remarks
“Less than 24 hours after Donald Trump went on a bizarre rant about golf legend Arnold Palmer, the athlete’s oldest daughter dismissed the former president’s vulgar comments about the size of her father’s penis,” The Independent reports.
Said Peggy Palmer: “I thought it was an unfortunate way to remember my dad.”
Peggy Palmer told The Sporting News that her dad, shortly before his death, had been “appalled” by Trump’s behavior during his 2016 presidential run.