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- š³ļøRepublicans to Win the Senate?
š³ļøRepublicans to Win the Senate?
The Stage is Set for the Big Debate
š°Market Update
All Eyes on Presidential Debate
In the span of a week, the Polymarket Presidential race widened substantially - from a 1% spread to 8% currently.
Now that the debate rules have been agreed to, Polymarket is buzzing with debate markets. Users are trying to predict what the candidates will say during the debate.
Thereās even a market on who will be asked the first debate question.
Hint: historically, a coin toss is used to determine who is asked the first question. This market should be 50/50 odds.
On Tuesday, we provided evidence that predictors werenāt quite right in their estimations of a smaller interest rate cut from the Federal Reserve.
This prediction has already begun to play out, as the odds have nearly doubled since Tuesday. The market is becoming more confident in a larger interest rate cut.
Polymarket Surges to over $100M in Open Interest
Polymarket, the crypto-powered prediction market, has skyrocketed to over $100 million in open interest, marking a staggering 1,429% surge in 2024.
With the U.S. presidential election commanding 77% of the platform's weekly volume, crypto enthusiasts and political forecastersā¦ x.com/i/web/status/1ā¦
ā Kyledoops (@kyledoops)
1:30 PM ā¢ Sep 6, 2024
šTrending Markets
Predictors believe the Republicans will win back the Senate.
Odds Republicans win back the Senate are up to 75%.
ā Polymarket (@Polymarket)
6:45 PM ā¢ Sep 5, 2024
āØNew Markets
Polymarket launches Debate Bingo cards, similar to a Parlay in sports betting.
Unique new format for mention markets just dropped on Polymarket
Rather than bet Yes or No on a specific word, you bet on a Bingo Card.
Anytime a word hits, you fill the space like you would in a game of Bingo
These are more difficult to hit on than a single word market, butā¦ x.com/i/web/status/1ā¦
ā Tyrael (@0xTyrael)
11:13 PM ā¢ Sep 5, 2024