Who won Thursday's Democratic debate? Bettors say Joe Biden [View all]
By Noah Pransky
According to users of online prediction/betting site PredictIt, Joe Biden was the winner of Thursday nights Democratic debate in Los Angeles, as forecasters put new money behind the former vice presidents bid for the oval office, signifying new confidence in him maintaining his front-runner status.
South Bend Mayor Pete Buttigieg also performed well in the eyes of PredictIt users.
Biden didnt speak as much as some of his top rivals Thursday night, but got high marks from pundits immediately following the debate. Bettors echoed the sentiment, boosting shares for his Democratic primary win from 32 cents on the dollar to 35 cents. That equates to a 35% confidence in Biden securing the nomination.
PredictIt is run by Victoria University of Wellington in New Zealand; participants can place wagers on candidates and other political props by buying shares on a bet, costing between 1 cent and 1 dollar per share.
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