Pro-Bitcoin (CRYPO: BTC) Canadian politician Pierre Poilievre became the favorite of Polymarket bettors to become the country’s next prime minister after the federal elections following Justin Trudeau’s resignation on Monday.
What happened: The odds in favor of Poilievre, the head of the Conservative Party of Canada, jumped to 88% on the Polygon (CRYPTO: POL)-based decentralized prediction platform. Conversely, the probability of Trudeau returning to power dipped below 1% as of this writing.
About $467,645 has been wagered on the outcome, with bets linked to Poilievre amounting to $278, 387.
The next Canadian federal election will take place on …
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