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CoinDesk
US election betting: Regulated presidential markets are live, and tiny compared to Polymarket’s
Two U.S.-regulated, dollar-denominated prediction markets began taking bets on the presidential race this week with a month to go before Election Day. "It will be hard for the two sites to catch up, but that is not entirely impossible," said economics professor Koleman Strumpf, who has studied the history of election markets. "For one thing, some traders may switch from Polymarket to the other sites. Moreover, more than half of all trades will happen between now and election day if history is any guide.”
October 4, 2024