Biden Suffers Big Fall in Prediction Markets After Catastrophic Debate

While leading by double digits in nearly all national polls leading up to last night’s Democrat party debate, Joe Biden has suffered a major fall in the prediction betting markets after a widely panned performance viewed by some as catastrophic.

According to the betting markets of PredictIt, Biden is now in a virtual tie with Kamala Harris, widely considered the “winner” of the debate and Elizabeth Warren.

Niall Stanage of TheHill writes of Biden’s failure.

Front-runner Joe Biden faltered in the Democratic presidential primary debate here Thursday evening, suffering some damage at the hands of rivals while also stumbling of his own accord. 

The former vice president hit particularly rocky ground when he was confronted by Sen. Kamala Harris (D-Calif.) on his recent warm words for two Southern segregationists of a previous era, the late Sens. James Eastland (D-Miss) and Herman Talmadge (D-Ga.).

Harris also highlighted Biden’s past opposition to school busing.

That exchange was the emotional high point to the two-hour debate, as Harris noted that she herself had been a beneficiary of busing as a child. She called Biden’s comments on the segregationist senators “hurtful.”

Biden defended himself on a finer point, saying he opposed busing by the Department of Education, believing instead that the issue should be decided at a local level.

But the exchange was not a good one for the former vice president — not least because of the visual dynamics of a 76-year-old white man appearing to lecture a black woman 22 years his junior.