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 ...

Election betting is now legal in the U.S. Do Kalshi betting odds predict a Harris or a Trump win? What to know as Ohioans ...

Users holding Trump contracts stand to receive $1 per contract upon settlement, which could be as early as this week for ...

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

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

Long prohibited by regulators, U.S. forecasting sites recently won the right to offer bets on national elections—a liberty Trump is unlikely to roll back after they bettors backed him to win.

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

Donald Trump and the GOP were big winners last night. But just below them in the tier of winning are election bettors and ...

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

After a U.S. appeals court ruled in October that wagering is allowed on political races, including the presidential election, ...

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 ...