Former President Trump is strongly favored to beat Vice President Harris in the 2024 presidential election, according to all but one prediction market.

The betting markets currently have Donald Trump at a 62% chance of winning Tuesday's election, but this is based on the bettors' models that rely on social media engagement, which may not accurately reflect the sentiment of the electorate.

Trump Media has been volatile since it began trading in March, initially surging to a valuation that topped $9 billion despite a history of losses, before falling to a low of $11.75 a share in September. Much of the stock's movement is tied to Trump's political fortunes, with DJT swinging upwards when his odds appear to improve.

Election betting has become a major talking point during the 2024 U.S. presidential election. The Swing States are the focus less than 1-week ahead of the Nov. 5 election. Trump-Harris betting odds, markets and presidential projections with information you can bet on.

Nate Silver is on record saying the presidential election momentum is with Donald Trump, but it’s not because polling or markets data has him 100% convinced.

Over the past several weeks, Harris slid slightly, then the race tightened again, with Harris even briefly becoming the favorite. Tuesday, the Insider predicts, “will be a roller-coaster day.” Some betting experts believe a bet on Trump could be a simple wager that he’ll win Pennsylvania and cut off Harris’ most likely path to 270 electoral votes.