a French trader bets $28 million on Donald Trump's victory

While 244 million American citizens will be called to the polls on Tuesday, November 5 to choose the future president of the United States, a French trader bet 28.6 million dollars – or around 26 million euros – on a victory for Donald Trump . According to the New York Times , the bet was played on the Polymarket site, an online betting platform. According to the latest estimates, more than $2.5 billion has been bet on the outcome of the US presidential election.

According to the Polymarket platform, the French bettor used four different accounts: Fredi9999, Theo4, PrincessCaro and Michie. A spokesperson for the American company said it had “extensive experience in trading and financial services”. The Frenchman, for his part, told the online betting site that he had taken a “directional position based on personal opinions about the election”. The firm, however, asked him not to open another account without warning it. “No information to suggest this user has manipulated or attempted to manipulate the market”Polymarket clarified to the media CNBCfollowing an investigation.

Platforms for predicting the outcome of the election

Polymarket estimates Donald Trump's chances of victory at 60.7% compared to 38.3% for Kamala Harris. These political betting markets are particularly closely monitored because they play an important role in the 2024 American presidential campaign. Especially since, according to the New York Times supporters of these platforms claim that they are more effective than polling institutes in predicting the outcome of the election.

In the latest official polls, Kamala Harris has a slight lead over Donald Trump. The one who could become the first female president of the United States would collect around 49%, compared to 48% for the Republican candidate.