Polymarket's accurate prediction! Trump's chances of winning the election have been leading all the way, with a total betting amount of over $3.6 billion.

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The scale of bets on whether Trump or Harris will win on the Polymarket platform has reached $3.6 billion, hitting a historic high. With Trump almost certain to win, Trump's winning probability on the betting platform has reached 99.4%. (Background: Musk calls for 'Dark MAGA gathering,' meme coin DMAGA sees a big pump of 160%, Trump's Polymarket winning rate surges past 86%). The on-chain betting platform has become a focus in this year's U.S. presidential election. Before the voting on the 5th day of the U.S. presidential election, traditional polls showed a very small gap in support between former U.S. President Trump and current Vice President Harris. However, on-chain betting platforms show a higher probability of Trump winning. Although the official election results are not yet out as votes are still being counted, according to Fox News real-time vote data as of 4 p.m. Taiwan time on the 6th, Trump has secured 277 electoral votes, surpassing the threshold of 270 for victory, defeating Harris to claim the White House throne with Harris currently holding only 226 votes. The on-chain betting frenzy unfolds. According to Polymarket data, the scale of bets on whether Trump or Harris will win on the platform has reached $3.61 billion, with the bet size hitting $1 billion on September 24, surpassing $2 billion on October 17, and crossing $3 billion on November 4. Among them, the amount bet on Trump winning reaches $1.47 billion, with Trump's winning probability almost certain at 99.4%, while the amount bet on Harris winning is $1 billion, but her winning probability is only 0.4%. Source: Polymarket. Polymarket is the most popular on-chain betting platform, while in smaller on-chain betting platforms, Kalshi's betting amount has also exceeded $380 million, with Trump's winning probability reaching 99% and Harris's winning probability at only 1%. The betting market draws attention. The rise of the on-chain betting market signifies a new stage in election reporting and public observation, with experts, analysts, and Wall Street investors starting to incorporate the betting market into election predictions. The reason is that the betting market involves real money and reflects people's true feelings, although in reality, this is only partially true, as the trend of all betting markets is influenced by both the amount of bets and external factors affecting the election. The financial world closely watches the betting market just like the political circle does. Lukman Otunuga, senior market analyst at FTXM online trading platform, said that various assets were affected by the results of Polymarket, which had a global market impact. The 'Trump trades' in October boosted the dollar, BTC, and financial stocks, with investors using the betting market to gain an advantage before election day. During this election cycle, the Fluctuation in the betting market provides a balance to the stability of traditional polls. While traditional polls consistently show a neck-and-neck race, the betting market often fluctuates. Harris's strong performance in the debates, Trump's latest controversial remarks, and even the latest dramatic poll data from star pollster Ann Selzer of Iowa all affect market fluctuations. With Trump's victory, the reference value and discussion of such on-chain betting markets are expected to continue to rise. Related reports: BTC breaks through $75,200 to hit a new all-time high! Surges over 8.8% in a single day - Trump effect in full force. Key moments of the U.S. presidential election: Trump and Harris battle in the 'seven swing states,' when will the results be announced? Is Trump winning steadily? Leading Harris by nearly double, boldly declaring victory: 'If I win Pennsylvania, I win the election.' 'Polymarket's accurate prediction! Trump's winning probability leads all the way, presidential election betting surpasses $3.6 billion.' This article was first published on BlockTempo, the most influential blockchain news media in the blockchain trend.

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