Polymarket, an online election betting platform, announced its return to the U.S. market, aiming to expand following a notable forecast of President-elect Donald Trump’s win. CEO Shayne Coplan credited the recent legalization of U.

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

Polymarket garnered attention after a trader revealed to be a French national had placed bets worth $30 million on a victory for Donald Trump.

Like its counterpart in Kalshi, Polymarket has seen a huge boost in activity for the upcoming election. The site itself is reporting that users have already placed over $3 billion in bets on the outcome of the Presidential race alone, with more expected in the hours leading up to Tuesday.

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

The massive gains represent a big swing in profits for the Polymarket bettor, who was sitting on an unrealized loss of $3 million on Monday.

The manipulation narrative is an attempt by mainstream media to discredit Polymarket’s election odds and control the narrative, one expert said.

French regulators are eyeing a ban on the crypto betting website Polymarket after an anonymous trader made almost $50 million betting that Donald Trump would win the presidential election.

Election betting platform Polymarket has plans to return to the US on its success accurately predicting President-elect Donald Trump’s sweeping win over Vice President Kamala Harris for the White House.