But unlike bookies, Polymarket, which uses technology similar to that of Bitcoin, operates more like a financial exchange. While Polymarket is the flavour of the month – it raised $70m earlier this year from investors including Trump backer Peter Thiel – gambling markets have often been a better indicator of who is likely to win an election than pollsters, according …
A version of this story appeared in CNN Business’ Nightcap newsletter. But over on the betting platform Polymarket, the odds were much more solidly in former President Donald Trump’s favor. The emergence of that so-called Trump whale sparked intense scrutiny of Polymarket over the past several weeks, because it sure looked possible that an anonymous deep-pocketed investor was trying to …
Donald Trump's chances of victory on the betting site Polymarket surpassed 94 percent on election night. Polymarket showing that Trump has a 94 percent chance of winning The huge movement comes as election results in critical battleground states remain up in the air. On the political betting sire Kalshi, Trump has an 90 percent chance, and Harris 10 percent. Trump's …
Americans bet $100 million on Trump v. Harris, but at what cost? toggle caption Michael M. Santiago/Getty Images An election betting "Bet on the US election," the ad for Kalshi said as Trump spoke on stage. Sponsor Message The company's CEO, Tarek Mansour, told NPR his election market — which shows a 63% chance of Trump winning as of Tuesday …