DraftKings Offers $10K Prediction Pool For Trump, Biden Presidential Debate: 11 Questions About Immigration, Inflation, Putin And More
A highly anticipated presidential debate on Thursday will see Donald Trump and President Joe Biden go head-to-head on key topics ahead of the 2024 election.
While many will tune in to hear the latest on the 2024 election, some viewers could participate in a $10,000 prediction pool that could win bettors money for watching and predicting the debate topics and responses.
What Happened: Trump and Biden are set to meet for the first presidential debate in the 2024 election cycle on Thursday.
The debate is hosted by CNN, a unit of Warner Bros. Discovery (NASDAQ:WBD), will feature CNN anchors Jake Tapper and Dana Bash as the moderators.
This presidential debate will be different from past ones with no live audience, no props or prewritten notes and muted microphones. The debate will also feature ad breaks to air commercials after both candidates agreed to this change.
DraftKings Prediction Market: Sportsbook DraftKings Inc (NASDAQ:DKNG) could make watching the first presidential debate more enjoyable with a $10,000 prediction pool.
Mor than 24,000 have registered for the free contest at the time of writing with no limit to the number of participants with a limit of one entry per person.
Winners will be paid out with DraftKings dollars that can be used on the company’s sportsbook and daily fantasy contests. Here is the pay table for prizes, with 1,690 people getting paid out.
1st: $500
2nd through 5th: $100 each
6th through 10th: $50 each
11th through 20th: $25 each
21st through 70th: $10 each
71st through 1690th: $5 each
Here are the questions and potential answers users are asked to pick:
To whom will the first question be asked: Donald Trump, Joe Biden
Which topic will the first question address: the war in Israel/Palestine, the U.S.-Mexico border, the war in Ukraine, the economy, Donald Trump’s legal situation, none of the above
Will the coronavirus pandemic (or the vaccine) be addressed at all by either candidate: yes, no
Which of these foreign leaders will be mentioned first by name by either candidate: Benjamin Netanyahu, Vladimir Putin, Volodymyr Zelenskyy, Mahmoud Abbas, Xi Jinping, Justin Trudeau, none of the above are mentioned
Who will be mentioned first by name by either candidate: Kamala Harris, Hunter Biden, Robert F. Kennedy Jr., none of the above mentioned
Will Donald Trump say “Make America Great Again” during the debate: yes, no
Will either Hillary Clinton or Barack Obama be mentioned by name during the debate: yes, no
Which of these primary contenders will be mentioned first by name: Ron DeSantis, Nikki Haley, Vivek Ramaswamy, Chris Christie, Tim Scott, Doug Burgum, Mike Pence, none of the above mentioned
Will Donald Trump refer to Joe Biden by a nickname (other than “Joe” or “President Biden): yes, no
Who will say the word “inflation” first: Donald Trump, Joe Biden, the moderator, nobody says “inflation”
Will Donald Trump use the phrase “fake news” during the debate: yes, no
DraftKings offers betting on the upcoming 2024 U.S. presidential election to residents in Canada, but American bettors can not wager on the election.
DraftKings CEO Jason Robins previously told Benzinga he hoped the U.S. approves betting on elections in the future.
“I think if it were in the U.S. it would be even bigger. I don’t see any particular reason not to allow for election betting in the U.S.” Robins told Benzinga.
Polymarket Odds: Along with the DraftKings prediction market, cryptocurrency prediction market Polymarket, which calls itself the world’s largest prediction market, is offering wagers on the presidential election.
Here are the topics users can wager on Trump saying during the debate, with their respective odds at the time of writing:
Fake news: 65%
Dementia: 13%
Crack: 24%
Felon: 35%
Sleepy Joe: 24%
Hunter: 65%
Jew: 20%
MAGA: 72%
Jail/Prison: 69%
Abortion: 65%
Putin: 77%
Crypto/Bitcoin: 45%
Rigged: 61%
Here are the odds of Biden saying the following during the first presidential debate:
Convicted felon: 60%
Israel: 86%
AI: 35%
Folks 3+ Times: 75%
Malarkey: 21%
Corn Pop: 2%
Shut up: 24%
Obama: 56%
On Polymarket, users deposit to Polygon (CRYPTO: MATIC) using USDC (CRYPTO: USDC) and can deposit with Ethereum (CRYPTO: ETH). Winning wagers cash out at $1.
Interestingly enough, the Polymarket odds show a 4% chance of Trump mentioning crypto or Bitcoin (CRYPTO: BTC) during the debate. With Trump recently turning positive on the cryptocurrency sector, some expect him to continue the push on Biden’s crypto policies, which have often skewed anti-crypto.
Photos: Shutterstock