Vice President Kamala Harris‘ chances of winning in November have surpassed President Joe Biden‘s peak betting odds on the platform Polymarket.
As of Tuesday evening, Harris was predicted to have 46 percent chance of beating former President Donald Trump. Shares of a Harris victory are being sold for 45.6 cents, while shares for a Harris loss are going for 54.5 cents.
In comparison, Biden’s odds against Trump peaked on Poylmarket in April, when the president was given a 45 percent chance of winning his reelection bid. On the morning of July 21, the day that Biden dropped out of the race, the president’s odds sat at 7 percent.
According to Polymarket’s website, the betting platform is the world’s largest prediction market. Users are able to buy shares representing the outcome of events ranging from the political sphere to the sporting world. After an event, the correct outcome can be redeemed for $1 per share.
Trump was still predicted to win the election over Harris as of Monday, with a 52 percent chance. Shares of his victory were going for 52 cents, while shares for his loss were being sold on Polymarket for 49 cents.
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Newsweek reached out to Trump and Harris’ campaigns via email for comment on Tuesday.
Harris is just two weeks into her presidential campaign, and made her first major decision as the presumptive Democratic nominee on Tuesday: selecting Minnesota Governor Tim Walz as her running mate.
Walz addressed a crowd of roaring supporters in Philadelphia on Tuesday in his first speech as the vice presidential candidate, and wasted no time taking jabs at Trump and his running mate, Ohio Senator JD Vance.
“Minnesota’s strength comes from our values—our commitment to working together, to seeing past our differences, to lending a helping hand,” said Walz, a Nebraska native who has lived in Minnesota for nearly 30 years and has served as his state’s governor since 2018. The governor also served in the Army National Guard and was a high school teacher and football coach before launching his political career.
“Donald Trump sees the world a little differently than us,” he continued. “First of all, he doesn’t know the first thing about service. He doesn’t have time for it, because he’s too busy serving himself.”
Harris addressed supporters before Walz took the microphone, and described her vice president pick as a role model for his former students and a governor who stands for freedom.
The vice president also made a joke about Walz’s background in high school athletics by comparing him to Vance.
“Some might say it’s like a matchup between the varsity team and the JV squad,” Harris quipped.