According to Polymarket data, six bets related to President Biden's status as the Democratic presidential candidate totaled nearly $80 million (excluding specific bets related to the presidency). Of this, $51.5 million was bet on whether Biden would lead the Democratic Party and $27.5 million was bet on whether he would withdraw from the race. (CoinDesk) Earlier today, a Polymarket user who bet on Biden to win the Democratic presidential nomination, the race and the general election lost $2 million due to his withdrawal. Another user made a 6,000% profit on betting that Harris would be the nominee.