Polymarket

[Dont Taz Me Bro]

That is incorrect. Poly sued and won their case and the appeal to allow Americans to bet on the outcome of the election.
Americans can and are betting.

False. Polymarket is not legally accessible to Americans. You need to use a VPN so that it appears you are connecting from outside the country.

What Is Polymarket, and How Does It Work?

Polymarket has taken the world by storm — but how does it work, how does the project make money, and will it launch a token?

cryptonews.com

 

[The Irish Ram]

As Americans get ready to head to the polls in less than two months, a new court ruling appears to have opened the door for election-based prediction markets—sites that let bettors wager on the outcome of political races—to expand to the U.S. The ruling has implications not only for bettors but for Polymarket, a crypto-powered prediction market that has become a fixture in news reports about whether Donald Trump or Kamala Harris is likely to win the election.

Polymarket likely to remain offshore for now despite ruling in favor of U.S. election betting

The predictions market Kalshi successfully sued the Commodity Futures Trading Commission, which might appeal the ruling.

fortune.com

 

[Care4all]

A lot of people keep touting the odds on Polymarket. Polymarket is an offshore betting site. It's not a polling service and the values are based solely on bets. In the case of Polymarket, many, if not most of these bets aren't being made by Americans because it's illegal in the U.S.

Here is a good thread on X that explains how it works and who is manipulating it.

Peter Thiel, the JD Vance billionaire backer? I did not realize that....!

Just read an article today that said basically 4 accounts of big players are skewing it....