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?

BING NEWS:
  • Betting markets got it right in 2024 and are not to be scoffed at anymore
    Supporters of the predictive prowess of betting markets were vindicated when Donald Trump defeated Kamala Harris in the presidential election.
    11/7/2024 - 8:35 am | View Link
  • Wall Street’s Trump Gamble Paying Off as ETF Bets Vindicated
    Wall Street traders who threw caution to the wind by lavishing billions of dollars on a slew of ETF bets that would win big in the event of a Donald Trump presidential comeback are seeing their wagers pay off.
    11/6/2024 - 4:45 am | View Link
  • More
BING SEARCH:
  • Polymarket, Election Betting See Trump Surge Past Harris
    Big Number. 98.3%. That’s the betting market’s aggregated odds for a Trump victory as of 1:30 a.m. EST, according to the Election Betting Odds tool, which tracks odds across Betfair, Kalshi ...
    11/7/2024 - 2:19 pm | View Website
  • 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.”.
    11/7/2024 - 1:29 pm | View Website
  • Betting markets predicted a Trump victory. They were right ...
    Betting markets, including platforms like Polymarket, Kalshi and PredictIt, got a lot of attention for their early predictions of a victory by former President Donald Trump, while traditional ...
    11/7/2024 - 9:33 am | View Website
  • What betting markets got right and wrong about Trump’s victory
    The most compelling evidence that betting markets do not know much more than pollsters and political modellers comes from the nature of Mr Trump’s win. At no point did betting markets even get ...
    11/7/2024 - 6:48 am | View Website
  • Here’s how much money was bet on the 2024 presidential election
    We now have the answer. According to data from two sites that offered election betting — also referred to as futures “contracts” — two brands that accepted election wagers had hundreds of ...
    11/6/2024 - 6:31 pm | View Website
  • More
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