Online betting markets shifted decisively in favor of former President Donald Trump beating President Joe Biden in a rematch this fall after Biden turned in a widely criticized performance during Thursday night’s debate.
Prior to the debate, PredictIt listed Trump and Biden close with Trump edging out Biden, 53¢ to 48¢ in placed bets. However, once the debate started, Trump jolted up to a high of 61¢ while Biden cratered to a low of only 29¢.
California Democratic Governor Gavin Newsom saw his stock rise considerably on the betting site, jumping from only 5¢ to a high of 20¢ during the debate.
However, the likelihood that Democrats can stop Biden from being the nominee is very low because they have no legal mechanisms to stop him. Even if they were to invoke the 25th Amendment and have him removed from office, which there was some talk about online following the debate, Biden…
