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Her odds of becoming the next president have jumped from 18% to 29% on Polymarket, and up from 27% to 40% on PredictIt. FiveThirtyEight’s approval poll show a 50% disapproval rating for the vice ...
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.
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.
Polymarket, a crypto-based betting market, predicted a 70% chance President Joe Biden would drop out of the race this year as far back as July 4, two weeks before he actually bowed out. "It's an ...
Polymarket, built on the Polygon blockchain, has seen rapid growth this election cycle. Its total value locked (TVL) surged from $9.5 million in stablecoins at the start of the year to $220 million.
Polymarket’s future in the U.S. remains in doubt. In 2021, derivative market regulator the Commodity Futures Trading Commission fined the platform over $1 million for operating in the U.S.
Unlike competitors such as PredictIt and Kalshi, which recently prevailed in a lawsuit against the CFTC to operate in the U.S., Polymarket runs its platform on the Ethereum-based blockchain Polygon.
Polymarket declined to comment for this story, but a person familiar with the company said it was unlikely the court ruling would result in any sites offering bets in the U.S. on the presidential ...