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A Mystery $30 Million Wave of Pro-Trump Bets Has Moved a Popular Prediction Market


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Polymarket is just one betting site where Trump outperforms Harris by far. You got nothing

 

https://www.realclearpolling.com/betting-odds/2024/president

 

image.png.7b78b31c547ef4d32d07be02b524cacb.png

 

https://www.forbes.com/sites/dereksaul/2024/10/17/trumps-polymarket-odds-top-60-how-election-betting-markets-differ-from-polls/

 

The nascent election betting market landscape is not the only financial instrument moving toward a Trump victory. Shares in Trump Media and Technology Group, the Truth Social’s parent company primarily owned by Trump, are up 86% in October, with the low-revenue social media company’s stock movement often viewed as a proxy for Trump’s election odds. And “you can see” evidence in the broader stock market that investors are “very convinced Trump is going to win,” billionaire hedge fund manager Stanley Druckenmiller told Bloomberg Thursday.

Edited by CallumWK
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1 hour ago, herfiehandbag said:

Really?

 

Massive bets placed in imaginary currency with a virtual bookmakers,

all of which can be wiped away with a click of the mouse!

 

So you decide to ignore the results of the other 7 betting platforms, simply because the OP can build a conspiracy theory on the 8th ?

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1 minute ago, placeholder said:

Has anyone investigated those betting platforms? Is DJT a heavily traded stock?

 

You want to claim now every betting platform is a conspiracy owned by Trump and consorts?

My link was from a very credible source.

If you want an answer to your questions, do some research, and post the results.

In the meantime, you got nothing

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My understanding is that the odds are set to balance the books. If too many bets go on one side, the OTHER side gets more attractive odds to encourage betting.

 

It's not predictive

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2 hours ago, pedro01 said:

My understanding is that the odds are set to balance the books. If too many bets go on one side, the OTHER side gets more attractive odds to encourage betting.

 

It's not predictive

It's surprising how many gamblers don't understand how the betting odds are established.

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