HomePoliticsBets in the US lean in favor of Maduro 4 to 1

Bets in the US lean in favor of Maduro 4 to 1

The presidential candidate is in line for July 28

At the betting house polymarket —the largest prediction market in the world— Nicolás Maduro is the favorite for the presidential elections on July 28 with a ratio of 4 to 1 over Edmundo González.

With a chance of 82%, Maduro is what in horse racing is called the line. Gonzalez second with 18%. Antonio Ecarri and Javier Bertuccci also appear, but with less than 1% each, that is, “they have no chance” would say one commentator.

These data are not about favoritism, nor about pure opinion, but are based on the conviction necessary to bet real money. At the time of writing this note, the pot of all bets reaches $31.555. Here You can see the evolution of the bet that ends on election day.

Looking at it as a race, playing winner for Maduro costs 82 cents, while for González only 18 cents. For Ecarri or Bertucci only 0,9 cents on the dollar, since the hits are cheap. In any case, for each portion of the bet you would win one dollar. If you bet Maduro $10 the potential return is $12,20. Free market is called those who play 5y6.

Polymarket is a true prediction market, as it not only covers sports, which are the natural area for betting, but also covers politics, cryptocurrencies, business, science and pop culture. You can bet from anywhere in the world, but it is subject to the regulation of the United States Commodity Trade Commission, the country where it has its large audience.

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