RE: Why Are US Election Betting Odds and Polls So Different?
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This might have something to do with it:
https://politicalwire.com/2024/10/18/a-mystery-30-million-wave-of-pro-trump-bets/
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That's certainly part of it, but it was trending far before that.
Also the new bets have the same rules as the others: be accurate or lose money.
Someone with big bags probably just hit a point where they're super confident in the result, and are now looking to cash in.