This market is part of my Battleground States group, a series of markets relating to key competitive swing states in the 2024 US Presidential Election. These markets allow users to bet on a state-by-state basis how they foresee the results of election day (November 5th, 2024) playing out. Be sure to check out the entire category to see which races are up for grabs!
North Carolina has been a lean/tilt red state for the past several presidential elections, with the only exception being Obama's performance in 2008:
2004: Bush (12.4)
2008: Obama (0.8)
2012: Romney (2.0)
2016: Trump (3.7)
2020: Trump (1.6)
Due to this vulnerable position and Trump's polarization as leading GOP candidate, Democrats have been eyeing the state as a potential pickup in hopes of electing Joe Biden to a second term in 2024. Joe Biden even visited the state earlier this summer for a speech at Fort Liberty, renaming it from Fort Bragg.
Will Biden be successful in repeating the electoral victory of his predecessor? Market will resolve as YES if so. If North Carolina stays red, Market will resolve as NO.