ToplineWith polls closing in mere hours, betting markets firmly favor former President Donald Trump to secure a second presidential term, though poll-based prediction models indicate the candidates are locked in a dead heat.

The massive gains represent a big swing in profits for the Polymarket bettor, who was sitting on an unrealized loss of $3 million on Monday.

Like its counterpart in Kalshi, Polymarket has seen a huge boost in activity for the upcoming election. The site itself is reporting that users have already placed over $3 billion in bets on the outcome of the Presidential race alone, with more expected in the hours leading up to Tuesday.