Screenshot of the Polymarket page showing the bets on the upcoming Venezuelan presidential elections. Photo: Polymarket.
Bookmaker Polymarket revealed that Nicolás Maduro is the clear favorite to win Venezuela’s July 28 presidential election, with a four-to-one ratio over the far-right opposition coalition Unitary Platform’s candidate, Edmundo González.
According to Polymarket, the world’s largest betting site, the Venezuelan incumbent has an 82% chance of winning. In comparison, Gonzalez has only an 18% chance.
Presidential candidates Antonio Ecarri and Javier Bertuccci also appear on the betting list, with odds of winning of less than 1%.
The betting pot has reached $31,555, with $13,330 being the funds backing President Maduro’s victory.
Polymarket does not limit itself only to sports betting but also covers areas such as politics, business (including cryptocurrencies), and even pop culture.
This bookmaker’s users are mainly from North America. However, it is possible to bet from anywhere in the world, subject to the regulations of the US Commodity Futures Trading Commission.
In recent times, Polymarket’s users have shown great interest in presidential elections.
Regarding the upcoming US presidential elections in November, Donald Trump is currently leading with 55% of the odds.
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Compared to recent electoral surveys, such as in the recently concluded Mexican presidential election where Claudia Sheinbaum led in all opinion polls, no trend has been as marked as the one regarding Nicolás Maduro.
Various opinion polls also demonstrate that the current president of Venezuela is the favorite based on voting intentions.
A recent survey by the pollster Paramétrica revealed a 43% voting intention for President Maduro. Meanwhile, Edmundo González had 32%, and in third place was the candidate of the Primero Venezuela party, José Brito, with 8.2%.
The Venezuelan pollster Hinterlaces showed a 59% voting intention for President Maduro in May. Another Venezuelan pollster, Datanálisis, put him at above 50%.
(RedRadioVE) by Ana Perdigón, with Orinoco Tribune content
Translation: Orinoco Tribune
OT/SC/SF
