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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.
For free market purists, the success of betting sites like Polymarket, Kalshi and PredictIt isn’t surprising at all. The basic theory behind prediction markets is that a lot of people with money ...
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 ...
The French “whale” who bet $30 million on a Trump White House win via Polymarket has raked in $48 million in profits on the wager, according to the crypto-based betting platform.
Polymarket and Kalshi were big winners of the election. But can they maintain their momentum until 2028?
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 did not respond to Fortune’s request for an interview. That isn’t to say prediction markets are always right. In 2016, PredictIt bettors notched Hillary Clinton at an 80% chance of ...
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.