Upon Tuesday night's Presidential Debate, betting markets like Cloudbet reveal that Joe Biden's odds of being voted are preferred by 61% over the sitting Trump.
Election futures for the crypto derivatives exchange FTX boomed, with the platform 's CEO posting more than $4 million in open interest seeking to pick the winner between Democrat Joe Biden and Republican Donald Trump. On FTX, Trump's brash argument reversed his big thumbs and sparked a 10% crash in the price of futures contracts to back up his re-election.
FTX TRUMP Futures Price: FTX
FTX amounts are amplified by leverage. More moderate six-figure volumes have been reported on predictive frameworks that do not provide leverage. Polymarket has seen more than $100,000 in volume pour into its 'Will Trump win the 2020 U.S. presidential election? 'The market on September 30, with the same mood changing over the course of the discussion against the outgoing president. Almost 55% say that Trump is not going to win the race.
Speaking to Cointelegraph, the founder of Polymarket, Shayne Coplan, said the site was built to provide solutions to the questions "people actually want to know more than just the things they want to guess about:"
Source:Cointelegraph
