Comment on Political Betting Markets See Vindication in Trump Victory

Political Betting Markets See Vindication in Trump Victory

New York Times: “Supporters of prediction markets such as Polymarket, Kalshi and PredictIt, where bettors could wager on the outcome of the election, said that the odds reflected reality faster and better than opinion polls. With President-elect Donald J. Trump’s resounding win, those claims seem to have been borne out.” “It’s a major moment for betting markets, which have been around for years but surged to prominence in this election cycle.” Financial Times: Was the Polymarket Trump whale smart or lucky?

 

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