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While Kalshi's trading volumes are not public like Polymarket's, they likely pale in comparison, with Bloomberg reporting that Kalshi did about $10 million a month in trading in April 2023, though ...
While the markets nailed that outcome, they didn't forecast the popular vote as precisely: On Polymarket at 7 p.m. on Tuesday, Trump had just a 28% chance of winning. Kalshi wagers on the popular ...
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 ...
Polymarket users have wagered $3.2 billion on the outcome of the election—and the majority of bets are on Trump winning Paolo Confino Updated November 5, 2024 at 11:24 AM
Prediction markets can be more accurate than polling when it comes to elections, a professor told Business Insider. There's over $606 million wagered on the 2024 election on Polymarket, favoring a ...
To briefly recap, Polymarket was kicked out of the U.S. in 2022 for letting U.S. users bet on political prediction markets, which, at the time, was against the law.
Meanwhile, Polymarket shows Trump has a 54% chance of winning the presidential election with Harris trailing behind at just a 45.3% chance. PredictIt’s markets are a little closer.
A federal appeals court sided with Kalshi on Oct. 2, paving the way for Americans to start trading on political races just one month ahead of the election. Kalshi has Trump at 57% and Harris at 43%.