Polymarket Says the Four Whales Betting Big on Trump Are Actually Just One French Guy

Quick Summary:

Amid a tight race, people have been looking to the betting markets as a potentially stronger signal for the expected outcome of the November presidential election.

It seems that’s not the case, but the finding from Polymarket goes to show that predictive betting sites are easy to manipulate and not a reflection of reality.

A concern critics raise with betting markets like Polymarket is that voters could be swayed by inauthentic sentiment for or against a candidate.

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Article Details

Author / Journalist: Tom Maxwell

Category: Technology

Markets: United StatesFrance

Topics: Donald Trump Crypto Politics Polymarket

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-24 @ 16:55:38 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: gizmodo.com

Language: English

Article Length: 532 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Gizmodo

News ID: 23227590

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News Last Updated: 8 hours ago

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