RFK Jr. Suspends White House Bid, Chaos Erupts on Polymarket

Robert F. Kennedy Jr.‘s surprising decision to suspend his White House bid has sent shockwaves through Polymarket, where over $300,000 in bets hinged on whether he would drop out. The move led to a dramatic plunge in odds, with traders scrambling to interpret his announcement. Kennedy’s decision to remove himself from battleground states while still staying in the race has left many wondering about the broader implications for the upcoming election. The chaos on Polymarket, where odds fell to as low as 6%, reflects the uncertainty surrounding his campaign’s future.

As traders debated whether his actions constituted a true withdrawal, the market remained in flux, illustrating the complex interplay between politics and prediction markets. With the contest still unresolved, all eyes are on Polymarket as the clock ticks down. This event highlights the unpredictable nature of political betting and the ever-changing dynamics of the 2024 election.