Inside the Newly Legalized World of Election Betting | WSJ
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While polls show former President Donald Trump and Vice President Kamala Harris in a dead heat in the final stretch of the 2024 election, the GOP nominee is dominating the Democratic candidate in the betting markets. Once banned by federal regulators, Americans can now legally gamble on elections in prediction markets. Platforms like Kalshi and Polymarket have emerged as websites to place yes-or-no contracts. WSJ reporter Alexander Osipovich explains how these markets work, what they could tell
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