Odds on Donald Trump winning US election soar to 62% hours after polls open as Americans pile in on...

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Odds on Donald Trump winning US election soar to 62% hours after polls open as Americans pile in on...
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New Yorkers tell who they would bet on to win presidential election.

Get the latest updates on DailyMail.com's presidential election live blog here . Follow. 2024 ELECTION:Punters have piled in on Donald Trump winning the 2024 presidential election, with odds of a Republican victory standing at 62 percent on one betting platform.

Kalshi, a U.S. CFTC-regulated site, has seen $241million in trading on its election outcome contract. Its second-largest betting contract, on the electoral college margin, has drawn $45million. According to Betfair Predicts, Trump is tipped for victory, with odds 61.73 percent in his favour. Betfair's data suggests Trump is also set to take swing states Pennsylvania, Arizona, Georgia, Nevada and North Carolina.

Read More UK betting frenzy for US election as more than £125m is bet on Donald Trump to win As a billboard in Times Square showed live, real-time bets being placed on the election, we asked people walking through The Crossroads of the World who they'd gamble their cash on. Another even said they'd put $2,000 on Trump but a majority of people didn't see betting on either candidate as a wise investment.

Among those who placed bets on Trump was streamer Adin Ross, who wagered $1million on the former president winning the 2024 election, after previously hosting a livestream with Trump at Mar-a-Lago in August. Ross is pictured above with Trump at the event, prior to him placing the election bet Read More Betting markets give surprising prediction on when 2024 election will be called A court ruling in October had opened up gambling on the vote for the first time, upping the stakes on the too-close-to-call race that has already put voters on edge.

The survey found that Harris' surge comes after Trump's lead among male voters significantly declined in the final days leading up to the election. People line up to vote in the 2024 U.S. presidential election on Election Day at Park Tavern in Atlanta, Georgia, U.S., November 5, 2024 The survey found that Harris holds a 4-point lead over Trump nationally, which is just outside the poll's 3.5-point margin of error.

The gender split in the Marist poll is nearly identical to the split between Biden and Trump in 2020, analysts noted. That betting on the election is allowed for the first time signifies the latest turn in a years-long saga between the Commodity Futures Trading Commission and firms wishing to offer election betting - a legal practice in a number of other countries and one that some Americans participate in outside of regulators' oversight via offshore markets.

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