-
As the November election approaches, Donald Trump's betting odds have surged significantly, with reports indicating a single trader has placed over $46 million on his victory. This contrasts sharply with national polling, which shows a tighter race against Kamala Harris, raising questions about market manipulation and public perception.
-
As the November 5 election approaches, betting platforms like Kalshi and Polymarket have gained significant traction, with over $100 million wagered on the outcome. This shift reflects a growing trend where bettors believe these markets provide more accurate predictions than traditional polls, particularly favoring Donald Trump.
-
Following the recent U.S. presidential election, prediction markets like Kalshi and Polymarket have gained attention for their accuracy in forecasting outcomes. Despite fluctuating odds, these platforms have positioned themselves as significant players in political betting, challenging traditional polling methods and reshaping public discourse around elections.
-
Following Donald Trump's victory in the 2024 presidential election, betting markets like Polymarket and Kalshi have gained prominence, often predicting outcomes more accurately than traditional polls. The surge in election betting reflects a growing interest in alternative data sources amid significant campaign financing.
-
Following Donald Trump's election victory, Silicon Valley figures have openly supported his administration, anticipating a pro-business agenda. Key players like Elon Musk and Peter Thiel credit Trump's win with a shift in tech's political landscape, while stock markets, particularly Tesla and Bitcoin, have surged amid expectations of deregulation and tax cuts.
-
A French trader, known as Théo, has reportedly made over $85 million on Polymarket by betting on Donald Trump's victory in the 2024 election. His multiple accounts raised concerns about the influence of large bets on election outcomes, prompting investigations by French gambling regulators.
-
On November 13, 2024, FBI agents raided the home of Polymarket CEO Shayne Coplan amid a Justice Department investigation into the company's operations. The raid follows Polymarket's controversial role in predicting election outcomes, particularly Donald Trump's recent victory, which contrasted sharply with traditional polling methods.
-
Federal agents seized the phone and computers of Polymarket CEO, 26-year-old Shai Coplan, amid allegations of operating an unlicensed betting platform. The raid is viewed by the company as political retribution following its accurate predictions in the recent presidential election.