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The Independent UK

Ariana Baio

Here’s why you shouldn’t put your faith - or money - on election betting markets

Donald Trump Kamala Harris Anthony Scaramucci Kalshi Polymarket United States Interactive Brokers

Former government officials are warning people not to trust betting markets will reflect current election polling - (AFP via Getty Images)

Betting markets have become a big search term when people are trying to determine the outcome of the close race between Vice President Kamala Harris and Donald Trump - but former government officials are warning people not to bet on betting markets’ accuracy.

In recent weeks, betting odds on the candidates from markets like Polymarket, Betfair, Kalshi, PredictIt and more have become a widely cited statistic. Especially, since Trump’s odds have surged.

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