US Election Results a Validation on Prediction Markets, Crypto Experts Say

Quick Summary:

As far as winners go, Trump wasn’t the only one emerging victorious on Election Day, with predictions markets seemingly vindicated.

For Polymarket, the 2024 race has been a high-stakes test, placing the platform under scrutiny as its odds steadily crept into the mainstream.

At the same time, other publications, such as Yahoo News, reported the polls “mostly got it right.” With a close race projected to come down to battlegrounds like Pennsylvania, Wisconsin, and Michigan, there were no surprises as to what states were ultimately in play on Election Day.

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Article Details

Author / Journalist: André Beganski

Category: Crypto

Markets: Estonia

Topics: Markets Predictions markets 2024 election Donald Trump Polymarket Kalshi

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 22:41:26 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 773 words

Reading Time: 5 minutes read

Sentences: 28 lines

Sentence Length: 28 words per sentence (average)

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

Copyright Owner: © Decrypt

News ID: 23453686

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 6 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 8 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

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