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The odds of President Joe Biden getting the Democratic Party nomination have plunged, with Vice President Kamala Harris’ chances of facing former President Donald Trump jumping sharply.
The odds of Biden being the nominee are now at 41%, down from around 70% early Monday, according to Bloomberg (using odds from PredictIt). Harris has jumped from below 15% to 39%.
Biden’s debate performance last Thursday led to calls for him to retire from the race. But the odds of him not being the nominee didn’t really start to sink significantly until late Monday.
Across the pond, the U.K. Conservative party has been embroiled in a scandal on bets placed that correctly predicted the date of the general election to be held on July 4.
