Harris becomes betting market favorite for first time after Walz pick

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Betting markets showed Vice President Kamala Harris becoming the favorite for the first time, coming just days after tapping Minnesota Gov. Tim Walz to join the ticket.

Vice President Kamala Harris has moved into the betting lead for the first time since being elevated to the top of the ticket. Harris has a 50.7% chance to be elected president, while former President Donald Trump sits at a 47.9% chance to win the election, according to the Real Clear Politics betting average on Thursday.

Since that day, Trump continued to put distance between himself and Biden, peaking as a 66.2% favorite on July 15. But Trump’s lead steadily declined in the weeks after Biden’s decision to drop out of the race and endorse Harris, who quickly went on to lock up the Democratic nomination. Trump’s odds tumble culminated Thursday, just days after Harris selected Minnesota Gov.

Harris was either leading or tied with Trump on Thursday in all the major betting markets tracked by Real Clear Politics, with her biggest lead coming on the popular platform Predictit, a New Zealand-based prediction market that offers 'shares' of political outcomes. Harris shares were selling for 57 cents on the platform as of Thursday morning, while Trump shares were selling for 46 cents, an 11-cent lead for the vice president. Shares on the platform are priced between $0.01 and $0.

The shift in the betting favorite comes as Harris has also overtaken Trump in many national polls, becoming the leader on the Real Clear Politics polling average for the first time on Monday. That lead represents the first time the presumed Democratic ticket has had the advantage since September 11 of last year, when Biden a 44.5% to 44.3% advantage. Neither the Trump nor Harris campaigns immediately responded to Fox News Digital requests for comment.

 

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