Regulatory shift and big investment

Polymarket is making it easier than ever to bet billions on anything — including politics. But should we be able to?

This episode was produced by Ariana Aspuru, edited by Jolie Myers, fact-checked by Miles Bryan and Kelli Wessinger, engineered by Patrick Boyd and David Tasciore, and hosted by Noel King.

A Polymarket billboard displaying New York City mayoral election odds in Times Square. Photo by Adam Gray/Bloomberg via Getty Images.

Listen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. New Vox members get $20 off their membership right now. Transcript at ⁠vox.com/today-explained-podcast.⁠

Learn more about your ad choices. Visit podcastchoices.com/adchoices