Latest in Election Bet Be
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US election betting is on a roll
In the months leading up to election day, people from around the world have placed millions of dollars in wagers on who will be the next American presidentWorld - Financial Times - October 30 -
Concerns over 2024 election betting
New data shows more than $100 million has been legally wagered on the Kamala Harris and Donald Trump presidential race. Koleman Strumpf, the Burchfield Presidential Chair of Political Economy at ...Top stories - CBS News - October 31 -
Coinbase's big election bet is about to be tested
Coinbase emerged as a top corporate donor this election cycle, backing candidates the company viewed as supporting its pro-crypto agenga.Business - CNBC - November 5 -
Election Betting Markets See Vindication in Trump Victory
Prediction markets, which surged to prominence during the presidential campaign, started reflecting a likely Trump win several weeks ago, even as opinion polls showed a tight race.Business - The New York Times - November 6 -
Election Odds Swing in Trump’s Favor on Polymarket, a Crypto Betting Site
Donald Trump, Elon Musk and CNN have cited election predictions from Polymarket, a betting site where crypto enthusiasts have wagered more than $100 million on who will win the presidency.Business - The New York Times - October 25 -
Robinhood is joining the election-betting party by offering wagers on Harris and Trump
With the U.S. presidential election a week away, another brokerage is letting people bet on whether Kamala Harris or Donald Trump will win.Business - MarketWatch - October 28 -
Robinhood Rolls Out Presidential Election Derivatives as Another Predictive Bet Option
After a legal ruling allowed wagering on the Nov. 5 election, another retail trading platform adds the option, this time with event contracts.Business - Inc. - October 28 -
Trump Media Stock Jumps Again as Traders Bet on Election
Shares of the Truth Social parent company continue to soar, pushing the market value of the firm above $10 billion.Business - The New York Times - October 29 -
Investors step up bets that US election will trigger market volatility
Jitters sweep through bond and currency markets before presidential voteWorld - Financial Times - November 1 -
Election betting is newly legal — and risks getting confused with polls
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 between elections and sports would blur.Top stories - NBC News - November 1 -
Don’t take the betting market odds on Tuesday’s U.S. election too seriously
This year’s U.S. presidential election has suddenly made betting on politics a topic of mainstream conversation.Business - MarketWatch - November 4 -
Gambling on 'vibes' — why the betting markets are getting the election all wrong
The betting markets currently have Donald Trump at a 62% chance of winning Tuesday's election, but this is based on the bettors' models that rely on social media engagement, which may not ...Politics - The Hill - November 3 -
Brokerages are raking in millions from your presidential election bets
There’s a lot of money to be made off of election betting, and brokerages are cashing in.Business - MarketWatch - November 5 -
Wall Street and bitcoin soar to record highs as Trump wins US election
Dollar up and renewable energy stocks down, while shares in president-elect’s media business rise by more than a third. Analysis: Trump policies mean higher prices Business live – latest ...World - The Guardian - November 6 -
How Trump’s Victory Grants Election Betting Platforms a Promising Future
Long prohibited by regulators, U.S. forecasting sites recently won the right to offer bets on national elections—a liberty Trump is unlikely to roll back after the bettors backed him to win.Business - Inc. - November 6 -
Here’s how much money was bet on the 2024 presidential election
Donald Trump has won the 2024 presidential election; here’s how much people wagered on the raceBusiness - MarketWatch - November 7 -
Billions were bet on election odds using online markets
Election betting platforms brought in billions of dollars as users wagered on who would win Tuesday’s U.S. presidential election.Top stories - NBC News - November 9 -
Wall Street is going all-in on election betting markets. What you need to know.
Political betting markets aren’t new, but a too-close-to-call, high-stakes presidential election and wariness over traditional polling has led Wall Street investors to look to the shifting ...Business - MarketWatch - October 26 -
Nate Silver: Don't trust the Trump swing in 2024 presidential election polls, betting markets data
Nate Silver is on record saying the presidential election momentum is with Donald Trump, but it's not because polling or markets data has him 100% convinced.Business - CNBC - October 31 -
Investors betting on Treasurys like it’s the 2016 election all over again could be making a big mistake
The market backdrop for this presidential election isn’t remotely like 2016, says Jamie Patton, co-head of global rates at TCWBusiness - MarketWatch - October 31 -
Billionaire Game Theory + We Are Not Ready for A.G.I. + Election Betting Markets Get Weird
“If I had $1 billion, how would I try to influence the results of this election?”Tech - The New York Times - November 1 -
Trump election odds tumble on betting markets after Iowa poll shows Harris lead
Harris is now the favorite on betting site Predictit.Business - MarketWatch - November 3 -
Trump Media closes in the red on Election Day, giving up earlier rally
Shares of retail trader favorite Trump Media & Technology Group (DJT) were active as Election Day is finally here.Business - CNBC - November 5 -
Bitcoin surges 10% to a record above $76,000 as Trump victory heralds wider crypto adoption and weaker regulation
Crypto assets rose as investors bet that a second Trump administration will widen fiscal deficits and boost bitcoin as a hedge against higher inflation.Business - CNBC - November 6 -
It’s not just election betting: Why one expert thinks prediction markets will become bigger than stocks
Event contracts give markets a way to price in an uncertain future, says Interactive Brokers founder Thomas Peterffy.Business - MarketWatch - November 14 -
FBI raids apartment of election betting site Polymarket's CEO and seizes cellphone, source says
The FBI seized a cellphone and other electronic devices of betting site Polymarket’s CEO Shayne Coplan in a raid on his New York City apartment early Wednesday.Top stories - NBC News - November 14 -
Musk's big bet
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Elon Musk's big bet pays off Elon Musk's massive bet on former President Trump appears to have paid off, ...Politics - The Hill - November 7 -
The Magnificent 7: place your bets
And the sustainability of US growth outperformanceWorld - Financial Times - October 29 -
Red Lobster bets on a millennial makeover
Red Lobster’s new CEO is attempting to revive the seafood chain that has been a staple of the casual dining industry for more than half a century.Top stories - NBC News - November 11 -
Betting Markets Favor Trump. But Their Record of Accuracy Is Mixed.
Proponents believe that having real money on the line, and a large crowd of investors, encourages a more accurate election forecast than polling data can provide.Top stories - The New York Times - October 25 -
By the numbers: Commanders' Hail Mary 'not great' for sportsbooks
Washington's miraculous win, a pair of NCAA unbeatens and the rest of the biggest weekend betting storylines.Sports - ESPN - October 28 -
Halloween costume chain Spirit bet on the pop-up model and won
Spirit Halloween's success as a seasonal pop-up retailer is leading it to make a foray into Christmas with 10 temporary stores.Top stories - CBS News - October 29 -
Betting on Joy, Ryan Reynolds Brings Audiences Together
MNTN’s chief creative officer talks about how joy makes audiences stay.Business - Inc. - October 30