Joe Biden Favorite Over Donald Trump for First Time on Prediction Market

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Online betting platform Polymarket's figures showed Biden with a slightly better chance of winning the 2024 presidential election over Trump.

President Joe Biden is now considered the favorite to win the 2024 election over Donald Trump, according to an online prediction market.Polymarket, a platform where users can place 'yes' or 'no' bets on the likelihood of world events, is currently listing the president as having a 45 percent chance of winning in November, narrowly ahead of Trump on 44 percent.The results represent a remarkable turnaround in Biden's reelection hopes.

Elsewhere, 270toWin, a poll aggregation website, is currently showing Biden marginally ahead of Trump , based on an average of the six most recent national surveys.Biden's improvement in the polls, having long recorded poor approval ratings and concerns about his age, come as Trump began his historic 'hush money' trial in New York on Monday.Trump became the first former U.S. president to face criminal prosecution when he appeared in court for the trial.

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