The text discusses the surge in US presidential election betting on the Polymarket platform, with over $100 million in bets placed. According to the text, former president Donald Trump is currently leading Democratic nominee Kamala Harris on Polymarket, despite Real Clear Politics and 538 showing Harris in the lead. The article also mentions that Polymarket's open interest has increased by 1,429% this year, from $7 million to $107 million, with over 70% of the bets centered around the election.
The author shares a personal anecdote about betting their entire life savings on Trump tweeting more than 29 times this week, only for Trump to stop tweeting completely two days ago, putting the author's years of hard work at risk. The author expresses their inability to sleep due to the uncertainty surrounding the election and the impact it will have on their financial future.
Overall, the text highlights the growing popularity of election betting on Polymarket and the impact it is having on the cryptocurrency market. The article explores the discrepancies between the results on Polymarket and traditional polling data, leaving the reader unsure of who is actually leading in the election.
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