The Polymarket 'whale' banked $48 million in profits on Trump's election win
A French trader profited $48 million betting on Trump's election win via Polymarket.The trader, known as Théo, wagered heavily on Trump winning the Electoral College and the popular vote.The whale's two biggest accounts,
Election Betting Odds: Trump Hits 99% On Polymarket, Kalshi As More Election Results Come In
ToplineFormer President Donald Trump has continued to surge on betting sites into early Wednesday morning, with bettors becoming increasingly confident of a Trump electoral win—despite most of the major swing states still tallying votes.
Gamblers spend more than $3.3bn on Polymarket betting on 2024 presidential election, mostly for Trump
Gamblers have spent more than $3.3bn on the betting site Polymarket guessing the results of the 2024 U.S. presidential election, with nearly two-thirds of them banking on a Trump win. The money spent on Polymarket election bets now even eclipses the combined fundraising hauls of both presidential campaigns,
Polymarket users have wagered $3.2 billion on the outcome of the election—and the majority of bets are on Trump winning
The majority of bets went for Trump, with $1.3 billion wagered on the former president and $827 million on Harris.
Banned betting platform Polymarket paid U.S. social media influencers for election content
A Polymarket advertisement in the Brooklyn borough of New York, US, on Monday, July 22, 2024. Various US election outcomes have propelled open wagers close to $1 billion on Polymarket, a 500% jump over the past few months, even though Polymarket says it ...
U.S. Election Betting: Polymarket 'Manipulation' Claims Miss the Mark
The manipulation narrative is an attempt by mainstream media to discredit Polymarket’s election odds and control the narrative, one expert said.
Polymarket users who bet on the presidential election might not see payouts until the inauguration
If top news outlets don’t call the election for the same candidate, the cryptocurrency-based prediction market will wait until Jan. 20 to pay out.
Polymarket paying US-based influencers to promote election betting despite federal ban: report
Polymarket is paying US-based social media influencers to promote election betting on its site — despite the fact that federal regulators have banned Americans from wagering on the platform, according to a report.
Betting site pushes election wagers with US Influencers ignoring federal ban
Polymarket has engaged US based influencers to promote its election betting platform, despite federal regulations prohibiting American participation.
Polymarket allegedly paid influencers to promote controversial election wagering
On November 5th, Polymarket was accused of using paid content creators and influencers and paid ads across multiple social media platforms to lure users into subtly suggested bets. The owners of Polymarket,
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Polymarket Resolves U.S. Presidential Election Market After $3.6 Billion Volume
Polymarket resolves its U.S. presidential race betting pool, which attracted $3.6 billion worth of volume, as Donald Trump ...
Polymarket Resolves Presidential Election Contract
Polymarket has resolved its Presidential election contract, a $3.6 billion market that brought prediction markets to the mainstream.The market ...
The surge in election betting has catapulted Kalshi and Polymarket to the top of Apple's App Store
Nearly $5 billion in bets have been placed on the outcome of the presidential election across Polymarket and Kalshi.
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Polymarket’s Election Odds Prove More Accurate Than Traditional Polls
Prediction markets like Polymarket accurately forecasted Trump's 2024 election victory, outperforming traditional polls and ...
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Election Day Surge Drives Polymarket to New Volume, Open Interest Records
Political betting pushed prediction market Polymarket to new records on Election Day for both daily trading volume and ...
The 2024 Election’s Other Big Loser: Prediction Markets
Prediction markets, exchange-traded markets where participants can bet on the outcomes of future events, failed to provide ...
Election 2024 Live: Donald Trump Is Elected 47th U.S. President, Harris Prepares to Concede
Former President Donald Trump won the 2024 presidential election. Vice President Kamala Harris is expected to give a concession speech this evening. Follow along for live election news updates and ...