Online Bettors Predict Democrats Hold The Edge In Maine Senate Race Amid Speculation About Platner’s Exit

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Online bettors believe Democrats are still slight favorites to win the Maine Senate, with the party’s odds slightly improving in the past few days despite allegations of sexual assault against nominee Graham Platner—amid growing speculation that the scandal-ridden candidate may drop out after losing key endorsements.

Key Facts

On the crypto-based betting platform Polymarket, bookmakers believe Democrats have a 61% chance of winning the Maine Senate Seat, compared to the GOP’s 31%.

Bettors on the site think Democrats’ odds have improved significantly over the past 24 hours, as several top party leaders have urged Platner to drop out of the race, including key endorsers like Sens. Bernie Sanders and Elizabeth Warren.

Bettors on Kalshi also believe Democrats are slight favorites to win the Maine race, with a 59% chance compared to Republicans’ 41%.

Wagers on the Maine Senate election heavily favored Platner last month after he won the Democratic Party’s primary despite a sexting scandal, as his main opponent, Gov. Janet Mills, had dropped out of the race.

Tangent

Bettors now believe Platner will almost certainly drop out of the race before the end of the month. Wagers on Polymarket about Platner’s exit predict a 96% chance he’ll drop out sometime in the next two weeks. Bookmakers on Kalshi believe there’s a 91% chance he’ll exit the race by next week.

What About Overall Midterm Betting Odds?

Despite major concerns about unfavorable redistricting, Democrats still remain the bookmakers’ favorite to win the House. According to Election Betting Odds, which consolidates numbers from multiple markets including Kalshi, Polymarket, and PredictIt, bettors believe Democrats have a 81% chance of taking back the House. Bookmakers believe that the Senate race leans towards the GOP, with the party’s overall odds of retaining control at 56.3%. The Democrats’ Senate odds have surged since the start of the year, and they briefly pushed ahead after the start of the war in Iran.

Key Background

Platner’s candidacy has been plagued by multiple scandals in the past month. The most serious allegation was raised by a 41-year-old woman, Jenny Racicot, who accused the senate candidate of raping her when they were dating five years ago. The woman told Politico that Platner came to her home uninvited and in an inebriated state in 2021 and forcibly had sex with her. Platner has refuted the allegations, calling them “serious, troubling and false,” but noted that his campaign is “taking the time to reflect on the best path forward.” Racicot’s allegations follow reports of Platner allegedly sending sexually explicit texts to other women and “unsettling behavior,” both of which he has denied. The latest allegations have prompted several prominent Democrats to demand that Platner step down from the race.

further reading

Bernie Sanders Says Graham Platner Should Drop Out After Rape Allegation (Forbes)

Woman who dated Graham Platner says he sexually assaulted her (Politico)

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