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In late October, Polymarket admitted one French national with “extensive trading experience” was responsible for about $28 million that was dumped into the presidential election market.
In the weeks leading up to the 2024 presidential election, what appeared to be a small group of traders dumped millions of dollars into Polymarket, betting that Donald Trump would win ...
With the presidential election less than three weeks away, ... Before 2024, Polymarket's monthly trading volume rarely topped $10 million. 2. Who is invested in Polymarket?
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.
As of September 2024, Polymarket operates its election prediction operations offshore, as domestic operations would be regulated by the CFTC. [13] A few days after the 2024 U.S. presidential debate held on June 27, 2024, Polymarket predicted a 70% chance that Democratic candidate Joe Biden would withdraw from the 2024 U.S. presidential election ...
The central question of whether Harris or former President Donald Trump would win the presidential election saw $3.2 billion Polymarket bets as of Election Day. The majority of bets went for Trump ...
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.
Presidential elections were held in the United States on November 5, 2024. [a] The Republican Party's ticket—Donald Trump, who was the 45th president of the United States from 2017 to 2021, and JD Vance, the junior U.S. senator from Ohio—defeated the Democratic Party's ticket—Kamala Harris, the incumbent vice president, and Tim Walz, the governor of Minnesota.