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 Americans to vote with their wallet.
On Polymarket, one of the top online exchanges, people have already spent over $1.2 bn betting on the US presidential election. That includes two mystery individuals betting millions on a Trump win.
Betting market odds are suddenly on the lips of US broadcasters and campaign spin doctors, quoted like polls and watched like the weather.
Betting on elections has long been prohibited in the US, but various exchanges and their users have found ways to get in on the action nonetheless.