Polymarket Bets Show J.D. Vance as Frontrunner for 2028 U.S. Presidential Election
Polymarket's prediction market has drawn $1.1 million in bets on the 2028 U.S. presidential race, with J.D. Vance emerging as the clear favorite at 28% odds. The Ohio senator's lead contrasts sharply with incumbent Donald Trump's 3% probability, reflecting constitutional constraints on a potential third term.
Despite Trump's merchandising of '2028' campaign gear and public statements about seeking another term, bettors remain skeptical. The platform previously handled $3.6 billion in election-related wagers during the last cycle, establishing its credibility as a sentiment indicator.
The November 2028 election will test whether prediction markets can outperform traditional polls, as decentralized finance tools increasingly intersect with political forecasting. Polymarket's crypto-native user base continues to pioneer this novel application of blockchain technology.