A Polymarket French bettor made an astounding $78.7 million profit by betting on Donald Trump’s victory in the US ...

In general, markets gave shorter odds to Donald Trump, who won comfortably, than would have been implied by the neck-and-neck polls or political models, like the one published by The Economist. On ...

On the day of the U.S. presidential election, prediction platforms Kalshi and Polymarket reached unprecedented rankings on the Apple App Store.

Polymarket took in $3.7 billion in action on the Presidential election. U.K.-based Betfair announced a £250 million election ...

Following Donald Trump’s election victory, thousands of bettors anticipate a potential $450 million payout from online ...

This was a breakout election cycle for election wagering, which was legal thanks to a U.S. district court decision last month ...

On Wednesday, the day Trump won the election, short sellers faced a loss of 14 million shares, at $5.50 per share, or $77 million, the report said. "With a crowded short position and increased ...

On ForecastEx LLC, a wholly-owned subsidiary of Interactive Brokers (IBKR), $538 million was wagered on the 2024 presidential election as of Nov. 6, a company spokesperson told MarketWatch.

Prediction markets like Kalshi beat pollsters in forecasting the 2024 US election. Mansour now says financial marketplaces ...

As far as winners go, Trump wasn’t the only one emerging victorious on Election Day, with predictions markets seemingly ...

Trump briefly dipped to -145 after the first results came in at 4 p.m. Tuesday. But his odds quickly soared to -225 by 5 p.m.

Prediction markets, exchange-traded markets where participants can bet on the outcomes of future events, failed to provide ...