This election season, millions will engage in betting on the outcomes, attracting significant attention and changing the landscape of political forecasting in America.
With platforms like Polymarket and Kalshi allowing users to bet on political outcomes, these markets are viewed as a way to gauge public sentiment and predict future events with monetary stakes.
Prediction markets aren't just for quick cash; they're posited as instruments of collective insight, offering a real-time reflection of public opinion and sentiment leading up to elections.
If the presidential election results are disputed, the volatility could greatly impact prediction markets, challenging their reliability as a tool for forecasting political outcomes.
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