‘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 Trump’s odds surged on so-called prediction markets near the end of the race, platforms like Kalshi and Polymarket gained attention for diverging sharply from traditional polls, which suggested a much closer race.  Talking with […] © 2024 TechCrunch. All rights reserved. For personal use only.