Prediction Markets


News Analysis

Trump Conviction Barely Dents His Odds of Winning Election: Prediction Markets

Plus: Polymarket traders doubt Trump will go to prison; Kalshi bettors are at odds with the CME FedWatch poll on rate cuts.

NEW YORK, NEW YORK - MAY 28: Former U.S. President Donald Trump sits in court during his trial for allegedly covering up hush money payments at Manhattan Criminal Court on May 28, 2024 in New York City. Donald Trump arrived for closing arguments in his hush money trial ahead of the jury deciding whether to make him the first criminally convicted former president and current White House hopeful in history. (Photo by Spencer Platt/Getty Images)

News Analysis

Trump Widens Lead Over With Biden (on Polymarket and PredictIt) After Courting Crypto Vote

Plus: how much longshot money was made betting on the SEC approving an Ethereum ETF?

Trump arrives at an NFT dinner in May 2024. (Danny Nelson/CoinDesk)

News Analysis

Will RFK Jr. Debate Trump or Biden? Probably Not, Prediction Market Says

Plus: Which cat-themed memecoin will hit $1 billion first?

Robert F. Kennedy Jr. (Gage Skidmore)

Finance

Peter Thiel's Founders Fund, Vitalik Buterin Back $45M Investment in Polymarket

The series B funding round comes during a breakout year for the crypto-based prediction market platform, and brings its total funding well over $70 million.

Polymarket CEO Shayne Coplan (Polymarket)

News Analysis

Trump and Biden Tied on Polymarket, Diverging From Polls

Other election contracts show a 35% chance of a Republican sweep of the presidency and both houses of Congress and a 27% chance Democrats control the Senate after the election.

NASHVILLE, TENNESSEE - OCTOBER 22: U.S. President Donald Trump and Democratic presidential nominee Joe Biden participate in the final presidential debate at Belmont University on October 22, 2020 in Nashville, Tennessee. This is the last debate between the two candidates before the election on November 3. (Photo by Chip Somodevilla/Getty Images)

Policy

U.S. CFTC Proposes Ban on Political Event Contracts

The U.S. derivatives regulator approved a proposed rule that punctuates a long-standing legal dispute between the agency and predictive markets platforms.

Rostin Behnam

Markets

Elon Musk Will Likely Remain Tesla CEO, and Tweet Non-Stop: Prediction Markets

Also: Trump faces likely conviction, per Polymarket punters; CFTC hearing to discuss political betting ban.

Tesla CEO Elon Musk speaks during an event to launch the new Tesla Model X Crossover SUV on September 29, 2015 in Fremont, California. After several production delays, Elon Mush officially launched the much anticipated Tesla Model X Crossover SUV. The

Markets

Binance's CZ Will Spend Less Than a Year in Prison, Polymarket Traders Bet

Also, the CFTC wants to bar Americans from betting on elections – even though it's already illegal in most U.S. states.

Binance ex-CEO Changpeng "CZ" Zhao leaves the U.S. District Court in Seattle on Nov. 21, 2023. (David Ryder/Getty Images)

Markets

Polymarket Odds Say Columbia University President Will Keep Job

Continuing pro-Palestine protests won't lead to Minouche Shafik having a fate similar to Claudine Gay, who was recently forced to resign as Harvard's president, the prediction market signals. Plus: Kalshi bettors don't think Taylor Swift will break her record.

Columbia University President Minouche Shafik (Alex Wong/Getty Images)

Markets

Free Money? Polymarket Bet Pays 8.7% if China Doesn't Invade Taiwan

Betting against an invasion on the prediction market may yield almost 7x as much as Taiwan government bonds. Plus: Mideast turmoil barely changes U.S. presidential odds.

Taiwanese currency (Photo: sharyn morrow).