Trump maintains lead in Republican presidential primary polling and Predict market

As of June 19, 2023, former President Donald Trump (R) holds a lead in both RealClearPolitics’ (RCP) Republican presidential primary polling average and PredictIt’s Republican presidential primary market.

Trump’s polling average currently stands at 52%, followed by Florida Governor Ron DeSantis (R) at 21%. No other candidate has more than a 10% polling average. In PredictIt’s Republican primary market, Trump’s share price is $0.54, and DeSantis’ share price is $0.32. No other candidate has a share price at or above $0.10. 

A candidate’s polling average reflects an estimate of the vote share a candidate would receive if the election were held today, while a PredictIt share price roughly corresponds to the market’s estimate of the probability of a candidate winning the election.

President Joe Biden (D) leads both RCP’s Democratic primary polling average and PredictIt’s Democratic primary market. Biden has a 35% polling average, with no other candidates polling at or above 10%, and a $0.71 PredictIt share price. One other candidate, California Governor Gavin Newsom (D), has a share price at or above $0.10. Newsom stands at $0.18.

Biden, DeSantis, and Trump are the only candidates of those mentioned above to have officially announced 2024 presidential campaigns.

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