‘Prediction markets’ set to pay out $450M to election bettors

Nov. 7, 2024

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Following Donald Trump’s election victory, thousands of bettors now anticipate a potential $450 million payout from online betting sites, says Reuters. As Trump’s odds surged on so-called prediction markets near the end of the race, platforms like Kalshi and Polymarket gained attention for diverging sharply from traditional polls, which suggested a much closer race. Talking […]