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Founded in 2020 by Shayne Coplan, [3] Polymarket is a prediction market that allows users to gain/lose on the outcome of world events. [4] In January 2022, Polymarket was fined US$1.4 million by the Commodity Futures Trading Commission (CFTC), and received a cease and desist order for regulatory violations, including failure to register as a Swap Execution Facility.
Not all are quick to place bets or even trust Polymarket’s system. “Trump and right wing influencers are pushing these polymarket odds as a poll,” Claudio Vallejo, an online creator, said ...
Election polls may seem cheerless, inscrutable, and wrapped in data and murky terminology. But on close examination, it’s clear they possess and project an unexpected degree of entertainment ...
Prediction markets can be more accurate than polling when it comes to elections, a professor told Business Insider. There's over $606 million wagered on the 2024 election on Polymarket, favoring a ...
Meanwhile, Polymarket shows Trump has a 54% chance of winning the presidential election with Harris trailing behind at just a 45.3% chance. ... “Polls tell us how voters feel right now, while ...
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 declined to comment for this story, but a person familiar with the company said it was unlikely the court ruling would result in any sites offering bets in the U.S. on the presidential ...
Polymarket, by contrast, has become a fixture of political Twitter and, according to Nick Tomaino—whose venture fund 1confirmation has invested in all of these projects—is the go-to site for ...