9min chapter

What Next | Daily News and Analysis cover image

Gambling on Elections, What Could Go Wrong?

What Next | Daily News and Analysis

CHAPTER

Betting on Democracy

This chapter explores the evolution of prediction markets for election outcomes, focusing on platforms like Predictit and Polymarket. It examines their increasing legitimacy in political analysis, alongside the implications of betting culture in the context of cryptocurrencies and ethical concerns. The discussion highlights the accuracy of these platforms in forecasting political events and the challenges presented by their operational restrictions and the influence of international users.

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