# Harris Odds Rise Polymarket 'Election Fraud' Allegations Ramp Up Trump Hedge Bet

Source: https://www.coindesk.com/markets/2024/11/01/harris-odds-rise-on-polymarket-as-election-fraud-allegations-ramp-up-trump-hedge-bets
Kiwi News: https://news.kiwistand.com/stories/Harris-Odds-Rise-Polymarket-Election-Fraud-Allegations-Ramp-Up-Trump-Hedge-Bet?index=0x672601e6599a1928ae765278b3536e3165096a07a25a5a50d2500c0a0f825722d8fde652
Submitted by misha on 2024-11-02 UTC, 1 upvote, 2 comments

## Summary

Odds on Kamala Harris winning the U.S. presidential election rose on the Polymarket betting platform from 33% on Oct. 30 to nearly 39%, while Donald Trump's fell to 61%. Some observers suggest the shift reflects traders hedging Trump bets, with trades above $10,000 showing large purchases of Harris "yes" shares and Trump "no" shares. The article also cites three new surveys showing Harris leading in Michigan, Pennsylvania and Wisconsin, as reported by Newsweek, and notes that the market's low liquidity can produce sharp price swings.

## Comments

**misha**: Clearly bets are not polls. But at the same time it is an indicator for developments. 

**misha**: This also quite interesting, the “other” election on Polymarket https://polymarket.com/event/which-3rd-party-candidate-wins-most-votes/will-jill-stein-get-the-most-votes-of-any-3rd-party-candidate?tid=1730547574085