Donald TrumpSpencer Platt/Getty ImagesBetting odds favor Trump winning the November election, with Polymarket odds at 59.5%.Trump's odds rebounded from the weakness seen immediately after his debate performance last month.The Trump trade is back on, with Trump Media stock, bitcoin, and bank stocks rising.The Trump trade has been regaining momentum as betting odds rise in favor of the former President winning the election in November.Betting market websites like Polymarket and Kalshi have swung to Trump's favor significantly since early October.With nearly $1 billion wagered on the outcome of the Presidential election at Polymarket, Trump shows a 59.5% chance of winning compared to 40.3% for Harris at 12:17 p.m.