Election Bettors Anticipate $450M in Winnings After Trump Victory
There are different metrics for when a president has officially won the contest. Polymarket allowed bettors to continue backing markets until Fox, NBC, and Associated Press declared Trump had won enough of the electoral college on Wednesday morning. Meanwhile, Kalshi bettors can continue wagering until Inauguration Day on Jan. 20, 2025.
Prediction markets like Kalshi beat pollsters in forecasting the 2024 US election. Mansour now says financial marketplaces ...
The popularity of prediction markets (for gambling on politics) is a new phenomenon in the United States, and who pays out ...
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Nearly $5 billion in bets have been placed on the outcome of the presidential election across Polymarket and Kalshi.
Investors are rushing to throw millions at a hot startup called Kalshi as loans or even as unusual we’ll-figure-it-out later ...
Should Kalshi be an option for betting on the 2024 Election? Or should bettors stick to the traditional offshore outlets?
On the day of the U.S. presidential election, prediction platforms Kalshi and Polymarket reached unprecedented rankings on the Apple App Store.
Users holding Trump contracts stand to receive $1 per contract upon settlement, which could be as early as this week for ...
After a U.S. appeals court ruled in October that wagering is allowed on political races, including the presidential election, ...
Kalshi says that it has seen surging USDC adoption since opening deposits this week—and as prediction markets heat up, more ...
Prediction markets, exchange-traded markets where participants can bet on the outcomes of future events, failed to provide ...
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