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Articles for Polymarket, search results for market

FBI raids home of Polymarket CEO Shayne Coplan
1 month, 1 week ago

FBI raids home of Polymarket CEO Shayne Coplan

Salon  

FBI agents on Wednesday raided the home of Shayne Coplan, founder and CEO of the election-betting platform Polymarket. Related Crypto voters could swing election Polymarket users can buy and sell shares to predict everything from election results to whether TikTok will be banned. The site gained attention in recent weeks after bettors put Trump's odds of winning the Nov. 5 …

Election Fbi Raids Shayne Coplan Polymarket Ceo Platform Polymarket
How whizzkid Shayne Copland's startup Polymarket beat the polls to correctly predict Trump's win
1 month, 1 week ago

How whizzkid Shayne Copland's startup Polymarket beat the polls to correctly predict Trump's win

Daily Mail  

A cryptocurrency betting site run by a baby-faced boss were hailed as being 'more accurate than polls' for predicting Donald Trump's election win. The prediction prodigy Shane Coplan and his start-up Polymarket turned out to be more accurate than pollsters as traders bet on an easy Trump victory. Prediction prodigy Shane Coplan and his start-up Polymarket turned out to be …

Markets Trump Election Prediction Betting Harris Donald Trump
How prediction markets saw something the polls and pundits didn’t
1 month, 2 weeks ago

How prediction markets saw something the polls and pundits didn’t

CNN  

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 …

Money Trump Betting Polymarket Prediction Markets Markets Saw Zitzewitz
How a French gambler’s huge bet spiked Trump’s odds on Polymarket – and why it may threaten democracy
1 month, 3 weeks ago

How a French gambler’s huge bet spiked Trump’s odds on Polymarket – and why it may threaten democracy

The Independent  

Over the last three months, four accounts on a popular gambling site have placed thousands of bets totalling more than $50 million on Donald Trump winning the US presidential election next week. Some fear that Trump’s massively inflated betting odds could be used by his supporters as evidence that the election was stolen, while regulators have warned that gambling sites …

Elections Market Financial Trump Election Democratic Betting
Man who's taken $92 million in 2024 presidential election bets reveals why his platform is a better predictor than polls
1 month, 3 weeks ago

Man who's taken $92 million in 2024 presidential election bets reveals why his platform is a better predictor than polls

Daily Mail  

Opinion polls say the race between Kamala Harris and Donald Trump comes down to a coin flip. Don't be, says Tarek Mansour, CEO of Kalshi, America's first legal online election prediction wagering platform, which has taken in more than $92 million in bets tied to the 2024 race. Kalshi's presidential election market gives Trump a striking 26-point lead over Vice …

Trump Election Prediction Harris Platform Lead Kamala Harris
Americans bet $100 million on Trump v. Harris, but at what cost?
1 month, 3 weeks ago

Americans bet $100 million on Trump v. Harris, but at what cost?

NPR  

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 …

Markets Market Trump Election Betting Odds Npr Kalshi
Four mystery accounts dished out $30 million of crypto on bets that Trump would win White House
2 months ago

Four mystery accounts dished out $30 million of crypto on bets that Trump would win White House

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. While National polling averages by FiveThirtyEight show Harris with a 2.5-point lead over Trump, …

Market Trump Crypto Journal Win Inside Washington Washington Email
How Polymarket and Nate Silver Want to Reshape Political Forecasting
4 months, 1 week ago

How Polymarket and Nate Silver Want to Reshape Political Forecasting

Slate  

Whether you recognize it as a “betting app,” a “predictions market,” or a “bunch of degenerate gamblers trying to make a buck off anything and everything,” political betting has become an intractable feature of every race. Founder and CEO Shayne Coplan promises to make Polymarket an “unbiased” and “alternative news source” that can counter our “misinformation pandemic” by offering “financial …

Political Trump Election Betting Platform Bets Users
Will Biden drop out? The biggest question in America is the newest hot market
5 months, 1 week ago

Will Biden drop out? The biggest question in America is the newest hot market

Live Mint  

So is he going to drop out? When the debate started on June 27, Polymarket’s contract on Biden dropping out was trading around 20 cents, which meant the market believed there was roughly a 20% chance of the president stepping aside. Silicon Valley venture capitalists, Wall Street heavyweights and the brash young entrepreneurs building companies around prediction markets say it’s …

Markets Market Election Trading Prediction Company Biden