Over $100 Million Wagered as Presidential Election Betting Booms | Firstpost America
With just days to go until the US Presidential election, a dramatic wave of election betting has taken hold, drawing over $100 million in wagers across newly legal platforms. Once limited to low-stakes research markets, election betting is now a booming industry, with odds on some sites leaning toward Donald Trump. This surge has stirred controversy, with advocates calling betting markets a clearer reflection of public sentiment than polls, while critics argue they risk commoditising democracy itself. Federal regulators like the CFTC are pushing to ban political betting, warning of potential manipulation. As Election Day approaches, the question remains: will these bets predict the future or simply add more fuel to a heated race?
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With just days to go until the US Presidential election, a dramatic wave of election betting has taken hold, drawing over $100 million in wagers across newly legal platforms. Once limited to low-stakes research markets, election betting is now a booming industry, with odds on some sites leaning toward Donald Trump. This surge has stirred controversy, with advocates calling betting markets a clearer reflection of public sentiment than polls, while critics argue they risk commoditising democracy itself. Federal regulators like the CFTC are pushing to ban political betting, warning of potential manipulation. As Election Day approaches, the question remains: will these bets predict the future or simply add more fuel to a heated race?
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US | US Elections 2024 | Donald Trump | Kamala Harris | Election Betting | Trump vs Harris | US Election Polls | Trump vs Harris Polls | Firstpost America | Eric Ham | War | Geopolitics | Global Economy | Firstpost | World News | Latest News | Global News | International News | Trending News
#usa #uselections2024 #joebiden #donaldtrump #kamalaharris #betting #trumpvsharris #firstpostamerica #ericham #war #geopolitics #economy #firstpost #worldnews #latestnews #globalnews #internationalnews #trendingnews
Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel.
Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
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