US Election Sparks Surge in Political Prediction Markets, Kalshi Emerges as Leader

[MissExposé]

With the US presidential election approaching, political prediction markets like Kalshi, Polymarket, and PredictIt are surging in popularity. Kalshi, recently cleared by a court to list political contracts, saw its market activity jump from $15 million to over $250 million between October 15 and November 3. Polymarket, despite regulatory hurdles, leads with $3 billion in contracts. Kalshi’s marketing has shifted, now promoting itself as the first legal platform for election betting. Robinhood’s entry into the market could disrupt the space, leveraging its massive user base. Prediction markets offer an alternative to traditional polling, with significant implications for political engagement and misinformation.

Source: https://www.casinonewsdaily.com/blo...ction-markets-surge-as-us-election-day-nears/