Prediction Markets Outperform Traditional Polls in US Election Forecasts

Reported 15 days ago

As the US election approached, traditional polls showed a tight race, while prediction markets like Polymarket indicated a clear lead for Donald Trump at 58% over Kamala Harris. This discrepancy highlighted the effectiveness of prediction markets, which utilize the collective insights of bettors to forecast outcomes. Despite concerns about potential market manipulation, experts argue that the dynamic nature of these markets provides a more accurate reflection of electoral sentiment compared to conventional polling methods.

Source: YAHOO

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