Nearly $5 billion in bets have been placed on the outcome of the presidential election across Polymarket and Kalshi.

ToplineFormer President Donald Trump has continued to surge on betting sites into early Wednesday morning, with bettors ...

Prediction markets, exchange-traded markets where participants can bet on the outcomes of future events, failed to provide ...

Tuesday night's election returns were a shocker if you only watched CNN. But not if you'd looked at the betting all along.

Polymarket and Kalshi are popular prediction markets for the 2024 election, but bettors should understand market rules before ...

The popularity of prediction markets (for gambling on politics) is a new phenomenon in the United States, and who pays out ...

Despite votes still being counted in several key swing states, sites like Polymarket, Kalshi, Robinhood, and PredictIt all ...

Most betting markets give Trump an edge. Notably, Trump supporters, such as Tesla CEO Elon Musk, have advertised some of the prediction markets, particularly Polymarket, in hopes of people pushing ...

By contrast, one feature of the 2024 contest that doesn’t look likely to alter anytime soon is online election betting using forecasting platforms like Kalshi and Polymarket—whose huge popularity shot ...

Two of the largest of these exchanges, crypto-fueled, offshore Polymarket which sells contracts to overseas bettors and ...

Donald Trump’s return to the White House could upend some industries and the economy. But stocks and other assets are soaring ...

For many people, the prevailing feeling upon learning that Donald Trump has once again won the presidency may be shock. For ...