Bets for the 2028 U.S. presidential election have gained popularity on the Polymarket platform, with over $1.1 million in participation already. J.D. Vance is currently leading the odds.
Bets on J.D. Vance
Currently, J.D. Vance is the most popular choice among bettors on Polymarket, with a 28% probability. His betting volume stands at $142,172. Initially, his odds were at 51%, but they soon declined to the current 28%. The total betting amount reached $1.1 million.
Odds of Other Candidates
The second most popular candidate among bettors is California Governor Gavin Newsom, with 14% odds. He is followed by Alexandria Ocasio-Cortez (11%) and former Vice President Kamala Harris, who also has 3% odds. Interestingly, Trump, despite his ambitions, only has 3% probability of securing a third term.
Impact of Polymarket Bets
Polymarket bets have previously served as an indicator for predicting outcomes in real-world events. During the 2024 elections, the betting volume reached $3.6 billion, reflecting significant interest in the platform. However, the platform has faced criticism following a governance incident.
As bets for the 2028 U.S. presidential election continue to rise, J.D. Vance remains a favorite. However, other candidates like Gavin Newsom and Alexandria Ocasio-Cortez are also active in the market. The future of the elections remains uncertain.
