Donald Trump vs. Kamala Harris Poll Hits $3.2B: Which Side Will Score the Biggest Wins?

• Votes for Trump have generated $1.3 billion in volume, while bets on Harris are at $823 million.
• Polymarket bettors receive $1 per share if they win the result.
• Donald Trump is the favorite to win on Polymarket.

The U.S. Presidential Election is finally underway, and with the results now pending, many Polymarket bettors stand to win big or lose even more.

Polymarket Whales

The 2024 U.S. Presidential Election has been the greatest driver of capital towards crypto betting platform Polymarket, drawing an absurd $3.2 billion in betting volumes.

Naturally, there are some considerably wealthy players in the space, so how much could they win?

By far, Trump has drawn the wealthiest of crypto backers.

The top “Yes” holder for Trump, “zxgngl”  holds a massive 29,473,066 shares. As per Polymarket, it cost $17.9 million to set this position, which stands to yield a profit of just under $12 million. This trader also stands to lose almost $18 million.

Conversely, Trump’s top “No” voter, “markitzero,” carries 3,768,117 shares, which are valued at $1.46 million and have a potential profit of approximately $1.3 million.

Harris’ largest backer, “leier ,” is backing the Vice President with 10,871,330 shares. Their position is valued at $4.2 million and could profit over $6 million should Harris win.

The Democratic nominee’s biggest naysayer, “Sake,” has 2,028,536 shares against Harris worth $1.2 million, which could generate over $800,000 in returns.

Team Harris is the underdog on Polymarket, meaning their profit share will be even higher should she take the White House.

Ultimately, this means a Trump loss would be disastrous for backers.

Trump To Win?

After Joe Biden tagged in Harris to take over the race, Trump’s long-dominant position as Polymarket’s favorite to win took a hit, and in early August, Harris overtook her political adviserary by a few percentage points.

The two were trading places through October when, at the end of the month, a sudden and sizeable shift back toward Trump widened that gap between them.

Now, with the ballots open and millions of Americans casting their votes today, Polymarket’s wealthiest bettors may have to wait a few more days before a result is called.