President Donald Trump is surging ahead of Democrat presidential nominee Kamala Harris in betting market odds.
Trump took a double-digit lead in the betting odds over Harris for the first time since July.
The surge signals potential momentum for the 45th president as Election Day draws near.
Trump opened up a 10-point lead in the Real Clear Politics betting average on Sunday.
It marks his largest lead over the vice president and the largest lead any candidate has enjoyed since Trump’s 10-point lead on July 31.
The lead comes as some in Democratic circles have attempted to quell panic within the ranks after recent polling that has seemingly trended toward Trump.
David Plouffe, who served as a senior advisor to former President Barack Obama, appeared on the “Pod Save America” podcast Sunday to argue that the fundamentals of the race have not changed.
Plouffe. who now serves as a senior campaign advisor for Harris, said:
“I think the freakout is because there were a bunch of polls I’d say in the last month that showed a lead for Kamala Harris that was not real, it’s not what we were seeing.
“We’ve seen this thing basically be tied, let’s say, since… mid-September.
“So this is the race we have, it’s the race we expected, I don’t think it’s going to open up for either candidate,” Plouffe said.
But the betting odds have also continued to move in Trump’s favor.
The money-talks statistics perhaps indicate solid momentum for Trump outside of the typical corporate media polling.
At one point, Trump enjoyed an over 48-point lead in the Real Clear Politics betting average over President Biden on July 15.
However, that lead quickly began to evaporate after the president’s announcement that he would drop out of the race.
When Harris was crowned as Biden’s replacement, the Democrat ticket enjoyed a boost in the betting market.
Harris eventually took the betting lead in the race on August 8.
She saw that lead peak at 8.8 points a week later.
The two candidates have since traded the lead multiple times.
However, no candidate has enjoyed a lead as large as Trump’s Sunday advantage.
Harris’ last lead in the Real Clear Politics average was on October 5.
Since then, Trump has been steadily gaining more momentum in the race on his way to the 10-point Sunday lead.
Trump himself has touted his betting advantage in recent days.
He told Fox News’s Maria Bartiromo on Sunday that the betting odds were “through the roof” in his favor.
The Real Clear Politics betting odds average tracks seven different platforms that release odds, including:
- Betfair
- Betsson
- Bovada
- Bwin
- Points Bet
- Polymarket
- Smarkets
None of those platforms show Harris with a lead in the race.
Trump enjoys his largest lead of 12 points on Points Bet.
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