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Maryland election markets draw trading despite state prohibition

Polymarket's 20 Maryland election markets recorded about 599,500 dollars in volume as of Sunday morning, led by the 1st District at about 98,800 dollars, while Kalshi showed about 400,500 contracts across 27 Maryland events. Maryland law bars bets on election outcomes, and the State Board of Elections warned in March that gambling on elections is illegal in the state.

Trading in Maryland election outcomes has continued on Kalshi and Polymarket despite a state law prohibiting such bets, according to RG. The reported activity spans congressional races and other Maryland election events.

Activity across two platforms

Polymarket had 20 Maryland election markets with approximately 599,500 dollars in trading volume as of Sunday morning, according to RG. The 1st District accounted for the largest amount, at approximately 98,800 dollars.

Kalshi displayed approximately 400,500 contracts across 27 Maryland events. That count measures contracts rather than dollar volume, so the two platforms’ reported figures do not provide a direct comparison of trading value.

State warning precedes reported trading

Maryland law prohibits betting on election outcomes. The State Board of Elections warned in March that gambling on elections is illegal in the state, according to RG.

The figures establish activity in markets concerning Maryland elections, but the supplied reporting does not identify where the traders were located or describe any enforcement action.

What it means for prediction markets

  • Legal restrictions remain central: The existence of Maryland election contracts on either platform does not establish that trading them is permitted under state law.
  • Activity figures require care: Polymarket’s dollar volume and Kalshi’s contract count are different measures and should not be treated as equivalent.
  • Trading volume is not a forecast: The reported totals show market activity, not candidate probabilities or expected election outcomes.
KalshiPolymarketElectionsInfiniti MarketsInfiniti Signals

Sources & attribution

Published
  1. Source
    RGrg.org
    Publisher
    https://rg.org
    Source URL
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