After a widely panned performance at the CNN Presidential Debate, President Biden's odds of winning reelection took a sharp nosedive on election betting websites. PredictIt.org saw shares predicting Biden's victory drop by 15 points following the debate, with his odds plummeting from 48 cents per share to as low as 29 cents. Meanwhile, former President Trump's odds surged from 53 cents to 58 cents, reflecting a 58% chance of victory. The debate sparked a frenzy in the betting markets, leading some sites to temporarily suspend their election betting markets. As Democratic officials and media personalities fret over Biden's performance, speculation rises about the possibility of nominating alternative candidates like Gov. Gavin Newsom or Vice President Kamala Harris. The uncertainty surrounding Biden's future with the party is evident in the betting markets, with odds shifting dramatically in just 24 hours.