{"id":83365,"date":"2024-07-03T08:24:57","date_gmt":"2024-07-03T12:24:57","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=83365"},"modified":"2024-07-03T08:25:05","modified_gmt":"2024-07-03T12:25:05","slug":"bidens-dropout-odds-reach-63-on-polymarket","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/bidens-dropout-odds-reach-63-on-polymarket\/","title":{"rendered":"Biden&#8217;s Dropout Odds Reach 63% on Polymarket"},"content":{"rendered":"\n<p>Polymarket users now bet a 55% chance of <a href=\"https:\/\/coinscreed.com\/staging\/president-biden-reportedly-prepares-to-announce-nominees-for-sec-commissioners.html\" target=\"_blank\" rel=\"noreferrer noopener\">President Biden<\/a> dropping out of the race, up from 19% pre-debate and peaking at 63% post-debate.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"770\" height=\"513\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/AP24180637311522-1719596732.jpg\" alt=\"Biden's Dropout Odds Reach 63% on Polymarket\" class=\"wp-image-83371\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/AP24180637311522-1719596732.jpg 770w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/AP24180637311522-1719596732-300x200.jpg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/AP24180637311522-1719596732-768x512.jpg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/AP24180637311522-1719596732-750x500.jpg 750w\" sizes=\"(max-width: 770px) 100vw, 770px\" \/><figcaption class=\"wp-element-caption\">Biden's Dropout Odds Reach 63% on Polymarket<\/figcaption><\/figure>\n\n\n\n<p>Users are placing bets on a 55% likelihood that President Biden will withdraw from the presidential campaign, as per the <a href=\"https:\/\/coinscreed.com\/staging\/crypto-hacks-decrease-by-54-2-in-june-2024.html\" target=\"_blank\" rel=\"noreferrer noopener\">crypto prediction platform<\/a> Polymarket.<\/p>\n\n\n\n<p>This substantial increase in odds is particularly noteworthy because the market had only anticipated a 19% likelihood of Biden withdrawing before the first presidential debate on June 27.<\/p>\n\n\n\n<p>This probability increased to 42% the day following the debate and reached its highest point of 63% on July 3, before gradually declining to 55%.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img decoding=\"async\" width=\"837\" height=\"477\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/biden.webp\" alt=\"\" class=\"wp-image-83367\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/biden.webp 837w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/biden-300x171.webp 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/biden-768x438.webp 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/biden-750x427.webp 750w\" sizes=\"(max-width: 837px) 100vw, 837px\" \/><\/figure>\n\n\n\n<p><a href=\"https:\/\/polymarket.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Polymarket's <span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>odds suggest that the election between President Biden and Vice President Kamala Harris is becoming increasingly competitive.<\/p>\n\n\n\n<p>Harris's odds of winning the election have increased to 14%, while Biden's are currently at 15%. This shift in odds is indicative of the increasing uncertainty and conjecture surrounding the potential changes in the Democratic candidacy.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img decoding=\"async\" width=\"864\" height=\"674\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/biden-1-1.webp\" alt=\"\" class=\"wp-image-83369\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/biden-1-1.webp 864w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/biden-1-1-300x234.webp 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/biden-1-1-768x599.webp 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/biden-1-1-750x585.webp 750w\" sizes=\"(max-width: 864px) 100vw, 864px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Polymarket users now bet a 55% chance of President Biden dropping out of the race, up from 19% pre-debate and peaking at 63% post-debate. Users are placing bets on a 55% likelihood that President Biden will withdraw from the presidential campaign, as per the crypto prediction platform Polymarket. This substantial increase in odds is particularly [&hellip;]<\/p>\n","protected":false},"author":36,"featured_media":83371,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[723,5191],"class_list":["post-83365","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-biden","tag-polymarket"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/AP24180637311522-1719596732.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/83365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=83365"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/83365\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/83371"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=83365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=83365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=83365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}