Democrat President Joe Biden’s administration is moving to ban betting markets from taking bets and publishing odds on the outcome of the presidential election.
Biden and the Democrats have been desperately trying to convince the American people that President Donald Trump doesn’t already have the November 2024 election locked up.
Polling data increasingly shows Trump soaring among voters while Biden plummets.
Now, the Biden admin is attempting to eliminate betting odds from the equation by cracking down on the industry ahead of the critical November election.
According to Breitbart, “The Biden administration ordered a ban on 2024 election betting markets, which often show former President Donald Trump winning in November and President Joe Biden remaining his party’s nominee.”
Many people prefer to look at betting markets as opposed to traditional polling methods when deciding how much support a particular candidate is currently enjoying because the people who set the odds are not influenced by what the political parties want to be portrayed.
There is a lot at stake for betting companies, as setting their lines wrong even a little bit could lead to disastrous losses for the books.
As a result, the books are usually very up-to-date on their research,