The upcoming CNN Presidential Debate between Donald Trump and Joe Biden is generating unprecedented global betting interest, potentially setting new records for political wagering, according to a new report from Fox Business.
BetUS, a veteran online sportsbook, reports an extraordinary surge in bets from both U.S. and international gamblers.
Gary Segars, senior betting analyst at BetUS, told FOX Business, “We have never seen this much action for a debate.”
He noted significant participation from European bettors, indicating the event’s wide-reaching appeal.
Gamblers are placing bets on various aspects of the debate, from candidates’ tie colors to the frequency of specific phrases.
I give President Trump a lot of credit for agreeing to do a debate on these terms: hosted by CNN, in Atlanta, without a live audience, is the equivalent of Biden agreeing to a debate hosted by Fox News in front of an audience of 3,000 people in Alabama. pic.twitter.com/NwXNB0KXMn
— Vivek Ramaswamy (@VivekGRamaswamy) June 26, 2024
For example, bets are being placed on how often Biden might say “folks” or Trump might mention “fake news.”
Betting trends reveal interesting expectations:
– Only 14% of bettors think Trump will use “Make America Great Again”
– 57% expect Biden to say “Here’s the deal”
– Many anticipate discussions on Hunter Biden, January 6, and Trump’s legal issues
A notable bet concerns whether the debate will be canceled or postponed, with a significant portion of wagers on this possibility despite oddsmakers favoring it proceeding as planned.
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Current betting trends favor Trump to interrupt the moderator first and to win the debate overall.
NEW: CNN shows how their new microphones will work for the debate tomorrow, a move that is likely designed to help assist 81-year-old Joe Biden.
The 'high tech' microphones have green lights which will tell Biden and Trump whether their mic is on or not.
If the light is off but… pic.twitter.com/iqw46VfEN2
— Collin Rugg (@CollinRugg) June 27, 2024
This surge in betting activity reflects intense public interest in American politics and highlights the growing intersection of politics, entertainment, and gambling on a global scale.
As Segars stated, “We expect this to be the most wagered-on presidential debate in history.”
The phenomenon raises questions about how gambling might influence public perceptions of major political events.
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As tonight’s debate approaches, it’s clear that regardless of the political outcome, the event has already made history in international betting markets.
