Harris betting odds rise as Trump remains favorite ahead of election

As the presidential election approaches, betting markets show Vice President Kamala Harris gaining ground, reaching her highest odds in over a week. However, former President Donald Trump remains the favorite to win. FiveThirtyEight's model gives Harris a 48% chance of victory, while Trump is at 52%. Other models, like the Economist's, also favor Trump, indicating a tight race. Election betting has gained popularity this cycle, with new platforms emerging. Some experts view these markets as a useful indicator of election outcomes, while others question their reliability due to potential biases among bettors.