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Kalshi, Polymarket
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.
Election Betting Takes Kalshi, Polymarket To Top of App Store Charts
Users holding Trump contracts stand to receive $1 per contract upon settlement, which could be as early as this week for Polymarket users.
Kalshi’s daring bet on election betting is paying off — to the tune of $100 million
Two 20-something New Yorkers have added an entirely new dimension to the 2024 presidential election: legal betting. The new platform Kalshi offers the first legal election betting in the US in over a century.
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.
Election Betting Odds: Trump Hits 99% On Polymarket, Kalshi As More Election Results Come In
Most betting sites strongly favored a Trump win as of early Wednesday morning, though most swing states had not been called.
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 ‘whale’ who bet big on Trump win raked in $48M in profits
The French “whale” who bet $30 million on a Trump White House win via Polymarket has raked in $48 million in profits on the wager, according to the crypto-based betting platform. The anonymous bettor,
USA Today
1d
Kalshi election betting odds: Do bettors pick Trump or Harris? What we know on Election Day
Kalshi
, a prediction platform and the largest regulated U.S. exchange, has been one of the faces of
election
betting ...
2h
Kalshi CEO Tarek Mansour on Prediction Markets’ Big Night: ‘We Even Overtook Pornhub’
Prediction markets like Kalshi beat pollsters in forecasting the 2024 US election. Mansour now says financial marketplaces ...
6h
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 ...
Covers
1h
U.S. Election Draws Massive Betting Action Globally
Polymarket took in $3.7 billion in action on the Presidential election. U.K.-based Betfair announced a £250 million election ...
6d
Kalshi secures tens of millions in loans from VCs, eyes $50M+ round amid election betting boom, source says
Investors are rushing to throw millions at a hot startup called Kalshi as loans or even as unusual we’ll-figure-it-out later ...
decrypt
2h
US Election Results a Validation on Prediction Markets, Crypto Experts Say
As far as winners go, Trump wasn’t the only one emerging victorious on Election Day, with predictions markets seemingly ...
Cronkite News
1d
Kamala Harris vs. Donald Trump: 2024 Election betting markets take off in U.S.; Arizona opts out
After a U.S. appeals court ruled in October that wagering is allowed on political races, including the presidential election, ...
2d
How Election Betting Could Be A Boon For Compliance And Regulatory Hiring
As the election betting market expands, the need for robust compliance and regulatory frameworks will likely grow, driving ...
sportscasting
2d
Is Kalshi Safe? Why Some Gamblers Use Offshore Betting Sites Instead
Should Kalshi be an option for betting on the 2024 Election? Or should bettors stick to the traditional offshore outlets?
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