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Polymarket is an American cryptocurrency-based prediction market, headquartered in Manhattan, New York City. Launched in 2020, it offers a platform where investors can place bets on various future events, including economic indicators , weather patterns, awards, as well as political and legislative outcomes.
In another post, Musk said that Polymarket odds were “more accurate than polls.” A Nov. 3 NBC News poll found Harris and Trump were deadlocked among respondents, each with 49% support from ...
Adam Cochran, a veteran crypto investor, told the Journal that the betting spree on Polymarket appeared to be a campaign to boost the narrative that Trump has a lot of momentum going into election ...
The morning before Election Day, the betting site said Trump had a 58.6% chance of winning the presidency while Harris’ odds stood at 41.4%, according to the Polymarket site.
The betting site Polymarket has emerged as a hot topic in the 2024 presidential race. Trump's odds of winning are at 66% there based on bets. National polls generally show the race tied.
Polymarket did not respond to a request for comment. The rise of betting markets signaled a step change in how elections were covered by the press and observed by the public.
While polls tell you about how people responded in the recent past, the odds on sites like PredictIt and Polymarket show real-time sentiment and are better for mapping the future, according to Miller.
“Last night, Polymarket proved the wisdom of markets over the polls, the media, and the pundits,” the prediction platform posted on X on Wednesday. “Polymarket consistently and accurately ...