Elections Betting Pays Off

On October 2, 2024, the U.S. Court of Appeals for the D.C. Circuit cleared the way, at least for the time being, for betting on the outcome ...

We now have the answer. According to data from a pair of sites that offered election betting — also referred to as futures “contracts” — two ...

Wagers have been flooding in after a ruling opened the door to U.S. users placing bets on ballot outcomes, raising concerns that the lines ...

Two 20-something New Yorkers have added an entirely new dimension to the 2024 presidential election: legal betting. The new platform Kalshi ...

... payout of about $450 million from online gambling sites after Donald Trump was elected president in a stunning comeback - but some may have ...

Most betting sites strongly favored a Trump win as of early Wednesday morning, though most swing states had not been called.

Election betting platforms brought in billions of dollars as users wagered on who would win Tuesday's U.S. presidential election.

Why it matters: Prediction markets are suddenly at the center of political chatter, but how bettors actually collect is somewhat untested and ...

The industry made a $135 million bet on the election. It paid off spectacularly.

Republican presidential nominee, former U.S. President Donald Trump speaks at a campaign rally at Madison Square Garden on Oct. 27, ...

The director of the longest-running election betting market in modern US politics used to work in a relatively sleepy field, presiding over ...

The majority of bets were for Donald Trump, with $1.3 billion wagered on the former president and $827 million on Vice President Kamala ...

Don't bet on users of online prediction markets being able to quickly collect their winnings from wagers on next week's Trump-Harris matchup ...

The cryptocurrency industry emerged victorious on election night as the country voted into office more than 250 pro-crypto congressional ...

The mystery trader known only as “Théo” or the “Trump whale” says he knew Donald Trump would win the U.S. presidential election once he saw ...

While gamblers outside of the United States have long been able to place bets on who will win the White House, in a historic shift this ...

'Gambling polls' say otherwise. Election betting platforms have put Trump's chance of winning higher, and with trust in media depleting, more ...

The Commodity Futures Trading Commission opposes the offer of bets on political races offered in contracts by Kalshi and other event-based ...

People can't get enough of betting on the 2024 presidential election, and thanks to a recent legal ruling, it's easier than ever for ...

After a U.S. appeals court ruled in October that wagering is allowed on political races, including the presidential election, Kalshi – a ...