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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.
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 ...
Polymarket's site says more than $3.6 billion was spent betting on the race, though users in the US weren't legally allowed to participate. "Nothing is as salient as the presidential election ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. In the days leading up to the US election, pollsters had the race deadlocked.
PredictIt, a site that sprang out of a project from Victoria University of Wellington, has been around for a decade. But Polymarket began generating buzz this summer after a string of correct ...
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.
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.