SebastianBlue
President, International Julian Alvarez Fan Club
- Joined
- 25 Jul 2009
- Messages
- 57,736
As I and others have pointed out recently, I would wager (pardon the pun) that most of that last minute movement is hedging and, in the case of unregulated markets like Polymarket, attempts to manipulate the market.
I said this earlier in the thread, but it should be noted that most of the day/meme trader community are heavy backers of Trump and that community are also prominent players in US political betting, especially on the presidential election, so I don’t think the betting markets are actually particularly accurate indicators of his or Harris’ real chances of winning.
If anything, offered odds and lines in those markets have become their own sort of meme stocks.
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