Presidential prediction markets: Here's when Kalshi and Polymarket will pay out
The popularity of prediction markets (for gambling on politics) is a new phenomenon in the United States, and who pays out when is not at all consistent. Why it matters: Prediction markets are suddenly at the center of political chatter,
Election 2024 prediction markets: How the gamblers beat the pollsters
But it looked a lot different at online prediction markets where people bet real money on the outcome. Markets such as Kalshi and Polymarket showed a consistent lead for Donald Trump. And they were right. In the end, the election wasn’t even close.
Kalshi’s daring bet on election betting is paying off — to the tune of $100 million
We’re letting the market speak instead of pundits, pollsters, people, political figures, people with biases or conflicts of interest, people that had incentives or not,” Kalshi CEO Tarek
‘Prediction markets’ set to pay out $450M to election bettors
Following Donald Trump’s election victory, thousands of bettors anticipate a potential $450 million payout from online betting sites, says Reuters. As
Thousands of election gamblers anticipate betting jackpot
NEW YORK >> Thousands who gambled on the U.S. election are looking forward to a potential payout of about $450 million from online gambling sites after Donald Trump was elected president in a stunning comeback — but some may have to wait to collect their haul.
Kalshi election betting odds: Do bettors pick Trump or Harris? What we know on Election Day
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 ...
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.
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 ...
Election Betting Odds: Trump Hits 99% On Polymarket, Kalshi As More Election Results Come In
ToplineFormer President Donald Trump has continued to surge on betting sites into early Wednesday morning, with bettors ...
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Kalshi Has Seen Close to $200M Traded on US Election, CEO Says
The app has risen to the No. 1 spot in the Apple App Store “Finance” category, displacing longtime incumbent Cash App.
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Prediction Market Kalshi's Long-Game Play to Court Crypto Traders
Kalshi says that it has seen surging USDC adoption since opening deposits this week—and as prediction markets heat up, more ...
Tech’s Winners and Losers From Trump’s Election | Commentary
Prediction markets thrived, Elon got his wish, Facebook sat out, podcasts dominated and Silicon Valley mattered. The post ...
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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 ...
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 ...