Polymarket is scanning for US users as election odds skew toward Trump: Report
Donald Trump now has 63.7% odds on Polymarket to win the US presidential election, but voter polls suggest otherwise. Go to Source
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Trump Takes Significant Lead Over Harris in Polymarket Odds for 2024 Election Win
On Thursday, betting activity on Polymarket indicated that former President Donald Trump has pulled ahead of Vice President Kamala Harris in the race for the 2024 election. As of press time, Trump’s odds stand at 55.8%, with Harris trailing at 43.7%. This shift in favor of Trump has been observed since around Oct. 5, approximately … Read more
Prediction markets like Polymarket a ‘public good,’ more accurate than polls
While some say that prediction markets are a risk to democracy, others think they could serve the public by offering valuable insights and risk management tools. Go to Source
Will Trump pardon SBF? 6 weird Polymarket betting pools on US politics
As the US elections approach, crypto policy betting surges on Polymarket. From traditional political predictions to quirky, unexpected wagers, users are placing bets on what’s to come. Go to Source
Judges quiz CFTC, Kalshi over US election markets offering
US appeals court judges peppered the CFTC and betting platform Kalshi’s lawyers with questions as the regulator bids to overturn a lower court’s decision allowing election markets. Go to Source
‘Explosion’ in election gambling will harm public interest: CFTC
The US commodities regulator says prediction markets can be vulnerable to “spectacular manipulation.” Go to Source
Judge says CFTC exceeded its authority halting Kalshi election bets
According to Judge Jia Cobb, having Kalshi offer contracts on “whether a chamber of Congress will be controlled by a specific party in a given term” was not unlawful. Go to Source
Bloomberg adding Polymarket election data to Terminal
The move signals the crypto betting market’s growing importance. Go to Source
36% Chance for Durov’s Freedom in August: Polymarket’s High-Stakes Bet on Telegram Founder’s Fate
According to the blockchain-powered prediction market Polymarket, bettors are giving Telegram founder Pavel Durov a 36% chance of being released this month. Durov was taken into custody by French judicial police at Le Bourget airport in France, facing allegations related to facilitating crimes such as fraud, terrorism, and drug trafficking. Polymarket’s $200K Gamble: Will Durov … Read more
Pandemic Fears Ignite as Mpox Outbreak Leads to High-Stakes Betting on Polymarket
Recently, Dr. Tedros Adhanom Ghebreyesus, the Director-General of the World Health Organization (WHO), officially declared that the Mpox outbreak, commonly known as monkeypox, is now a public health emergency of international concern. Following this announcement, Polymarket users have started placing bets on whether Mpox will be categorized as a pandemic in 2024. Polymarket Bettors Give … Read more