Kamala Harris and Donald Trump “are neck and neck in the polls. But in one popular betting market, the odds have skewed heavily in Trump’s favor, raising questions about a recent flurry of wagers and who is behind them,” the Wall Street Journal reports.
“Trump’s gains on Polymarket have cheered his supporters, and they have been followed by the odds shifting in Trump’s favor in other betting markets. Elon Musk flagged Trump’s growing lead on Polymarket to his 200 million X followers on Oct. 6, praising the concept of betting markets.”
Said Musk: “More accurate than polls, as actual money is on the line.”
“But the surge might be a mirage manufactured by a group of four Polymarket accounts that have collectively pumped about $30 million of crypto into bets that Trump will win.”
