A Polymarket trader known as “Bama124“ has emerged as the undisputed victor in the Democratic Vice Presidential nominee prediction market, as Minnesota governor Tim Walz was picked to be the running mate of Vice President Kamala Harris.
Whaat Happened: This decision, coming almost exactly four years after Harris herself was chosen as Biden’s running mate on Aug. 11, 2020, has ended weeks of intense speculation and political maneuvering.
Bama124, who joined the platform in July 2024 and has only participated in 41 markets, has amassed an impressive profit of $617,380.26 on the bet.
The market for “Will Tim Walz be the 2024 Democratic VP nominee?” saw Walz’s chances rise meteorically from below 1% when first listed to 100% at the time of the announcement.
Bama124’s position in this market alone is now worth $856,564.79, representing a 403.52% increase.
Also read: Bitcoin, Ethereum Face ‘Random Walk’ Risk, Expert Warns: What Does That Mean?
Why It Matters: Political bettor Domer highlighted the volatility of the Democratic VP race on social media.
He noted that several candidates had been frontrunners at various points, including Josh Shapiro (trading as high as 82%), Roy Cooper (33%), Mark Kelly (44%), and Andy Beshear (30%).
Governor Walz brings a diverse background to the ticket. Serving as Minnesota’s governor since 2019, Walz previously represented the state in the U.S. House of Representatives from 2007 to 2019.
His 24-year service in the Army National Guard and experience as a high school social studies teacher and football coach add depth to his political resume.
As the cryptocurrency and digital asset landscape continues to evolve, events like Benzinga’s Future of Digital Assets on November 19 become increasingly relevant.
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