A recent report from The New York Times has caused quite a stir among traders on Polymarket, as they have significantly increased the odds of President Joe Biden dropping out of the 2024 race to nearly 80%. This sudden jump in the numbers, up from 55% earlier, comes after a week of chaos in Polymarket’s market regarding the question, “Will Biden drop out of the presidential race?”, which has seen around $10 million in bets.
Prior to last week’s debate with Donald Trump, the odds of Biden dropping out stood at 20%. However, his lackluster performance in the debate, particularly highlighting his age, has led many in Washington to doubt his chances of winning against Trump in the upcoming election. The New York Times now reports that Biden himself is considering his options, believing he has a limited amount of time to turn things around.
According to an unnamed ally quoted by The New York Times, Biden is fully aware that a couple more events like the debate could drastically change the trajectory of his campaign. The White House has denied the accuracy of The New York Times’ story, with a spokesperson stating that it is false.
This latest development has left many wondering about the future of Biden’s political career and the potential implications for the 2024 election. With such uncertainty surrounding his candidacy, political analysts and voters alike are eagerly awaiting further updates on the situation.
As the 2024 race continues to unfold, the spotlight remains firmly on Biden and his ability to navigate the challenges ahead. The upcoming events and debates will undoubtedly play a crucial role in determining his fate and whether he can overcome the current doubts surrounding his candidacy.
In the midst of this uncertainty, both supporters and critics of Biden are closely watching how he responds to the mounting pressure and speculation. The next few weeks will be pivotal in shaping the narrative of the 2024 election and could ultimately determine the course of American politics for years to come.
With the odds constantly shifting on Polymarket and conflicting reports surfacing in the media, the only certainty at this point is the unpredictable nature of politics and the ever-changing landscape of electoral campaigns. As the story continues to develop, one thing is clear – the race for the 2024 presidency is far from over, and anything can happen in the world of politics.
