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The betting site Polymarket has emerged as a hot topic in the 2024 presidential race. Trump's odds of winning are at 66% there based on bets. National polls generally show the race tied.
Nearly $5 billion in bets have been placed on the outcome of the presidential election across Polymarket and Kalshi. The surge in election betting has catapulted Kalshi and Polymarket to the top ...
Polymarket and Kalshi were big winners of the election. But can they maintain their momentum until 2028?
“Odds on Polymarket are derived from the market price of a contract that pays $1 if an event occurs and expires worthless if it doesn’t,” a Polymarket blog post reads. “For example ...
Since then, the 2024 election catapulted Polymarket into prominence when its users correctly predicted Donald Trump’s victory, and a gutsy legal gambit from its competitor, Kalshi, paved the way ...
After all, he did the same thing following the 2020 election, which led to recounts and the Jan. 6, 2021, insurrection at the U.S. Capitol. That means having clearcut election results tomorrow ...
The prominent election prognosticator Nate Silver now advises Polymarket, Kalshi’s offshore and unregulated competitor. For a growing segment of the political class, the wisdom of the gambling ...
Despite Kalshi driving the momentous decision, the spotlight will be on Polymarket, which settles and pays out wagers using Ethereum-based smart contracts and has raised $70 million in venture ...