In just a few days, more than USD 6.3m was wagered on the outcome of the contest between Harris and Trump.
United States.- Just weeks after a U.S. court allowed betting on the outcome of the presidential elections between Kamala Harris and Donald Trump, scheduled for November 5, the millions of dollars aimed at predicting who will be the next president are growing.
Bets in favor of Harris ranged between 48 percent and 50 percent on Friday on the platform Interactive Brokers, which took advantage of the legalization of this market, allowed on October 2, in a country where regulatory authorities have fought a long battle against electoral markets.
It is worth noting that before the October 2 ruling, there were only two legal betting markets in the United States, which had obtained exemptions due to their linkage with research projects and the strict limits on betting participants.
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Following the ruling, the betting market was activated after a Washington court's decision, which allowed Kalshi, a startup that has been trying to introduce political betting in the U.S. for years, to capture bets while appeals against the regulators are resolved.
In just a few days, more than USD6.3m was wagered in the contest between Harris and Trump, and users were also betting on which party will take control of the House of Representatives and the Senate.