Polymarket trader puts $7,500 on Hunter Biden as 2028 Democratic nominee

A newly created address on Polymarket has purchased $7,500 of shares wagering that Hunter Biden will become the 2028 Democratic presidential nominee, according to a June 5 report. The position represents a long-shot political bet on an outcome with no current path to viability, given that President Biden has already announced he will not seek a second term and his son has never held elected office. Polymarket separately maintains an active market on which party will control the U.S. House of Representatives after the 2026 elections, though no trading data or volume figures were available for that contract.