Financial Times on Nostr: Burst of trades gives Trump a winning edge in election prediction markets ========== ...
Burst of trades gives Trump a winning edge in election prediction markets
==========
As of Thursday night, Trump's odds of winning the 2024 election have risen to 62% on the cryptocurrency-based exchange Polymarket; a small group of bettors appears to be coordinating trades, suggesting a connection among four accounts; these traders claim to be French and have a background in trading, asserting that true odds should be 75% for Trump; Elon Musk supports this view, stating that prediction markets are more accurate than polls due to financial stakes involved.
#Trump #Election #PredictionMarkets #Polymarket #ElonMusk #2024 #Betting #Cryptocurrency #Politics #Usa
https://www.ft.com/content/11ac92f4-02e4-4313-99b8-264182b74b4b
==========
As of Thursday night, Trump's odds of winning the 2024 election have risen to 62% on the cryptocurrency-based exchange Polymarket; a small group of bettors appears to be coordinating trades, suggesting a connection among four accounts; these traders claim to be French and have a background in trading, asserting that true odds should be 75% for Trump; Elon Musk supports this view, stating that prediction markets are more accurate than polls due to financial stakes involved.
#Trump #Election #PredictionMarkets #Polymarket #ElonMusk #2024 #Betting #Cryptocurrency #Politics #Usa
https://www.ft.com/content/11ac92f4-02e4-4313-99b8-264182b74b4b