More than $2.3 billion is in the handle, and odds are roughly 64% that Donald Trump defeats Kamala Harris to become the next president of the United States.
And that’s just Polymarket, the financial exchange and prediction market dealing in cryptocurrency stablecoin tied to the American dollar and the blockchain network Polygon. Millions more dollars are riding the outcome from bets alone.
While the Super Bowl justifiably grabs attention as the annual most-wagered sports event, legalized gambling as a source of revenue for states has likely brought more people to the betting market.
Certainly, attention is riding with the pollsters. Forecasting an outcome even in politics, however, is not limited.
Nor should it be. After all, the house wants to make money – same whether the bet is Trump and Harris, or Steelers and Cowboys. […]
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