Biden stock tanks in election betting markets after disaster performance

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Biden stock tanks in election betting markets after disaster performance
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Election betting markets showed President Biden's odds to win the 2024 election drop precipitously after his widely-panned debate performance against former President Trump.

Election betters had a visceral reaction to the CNN Presidential Debate on Thursday night, with the odds that President Biden will prevail in November taking a nosedive. PredictIt.org, an election betting website, showed shares predicting that the Democratic incumbent will win re-election dropped 15 points in the aftermath of Biden's widely panned debate performance.

Democratic Party officials and liberal media personalities were in a full-on panic as they watched Biden struggle to make his points and many are now calling on the party to seek an alternative candidate with 52 days before the Democratic National Convention in Chicago. One well-connected Democratic source told Fox News after the debate that the House and the Senate are Republican — for now, adding that "everyone is freaking out" and that Biden "needs to go.

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