Reported about 1 month ago
With the recent ruling allowing prediction markets to accept bets on U.S. elections, billions of dollars are now being wagered on the outcomes of the presidential race. Platforms like Kalshi and Polymarket are seeing a surge in users placing bets, as many view these markets as an alternative to traditional polling methods. The financial implications have drawn varied opinions on their potential impact on democracy, leading to concerns over market manipulation and the integrity of the electoral process. As the 2024 election approaches, the merging of gambling with political forecasting creates a new dynamic in how campaigns and voter preferences are perceived.
Source: YAHOO