ToplineFormer President Donald Trump has been surging on betting sites as more states close their polls, turning around what had been a shrinking lead over Vice President Kamala Harris in betting odds after the first major polls closed,

Kalshi, a prediction platform and the largest regulated U.S. exchange, has been one of the faces of election betting markets, which is now legal in the U.S. The company describes itself on X as" the first legal way to bet on the election in America."

After a U.S. appeals court ruled in October that wagering is allowed on political races, including the presidential election, Kalshi – a federally-regulated financial exchange – has seen wagers rolling in on the race between Democratic U.