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Political betting was just 1 percent of Kalshi and Polymarket trading in October, down from two-thirds during the 2024 presidential election, Bloomberg data via ZeroHedge reports
- Political betting was just 1 percent of Kalshi and Polymarket trading in October, down from two-thirds during the 2024 presidential election, Bloomberg data via ZeroHedge reports — ZeroHedge, citing a Bloomberg report, says political betting on Kalshi and Polymarket accounted for just 1 percent of trading in October, down from two-thirds during the 2024 presidential election, even as overall trading across both platforms has increased more than twentyfold since October 2024. Election-related turnover on Kalshi was roughly unchanged in the final week before the midterms compared with the same period in 2024, while Polymarket's election volume fell significantly as sports and crypto trading boomed. (ZeroHedge)
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