Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Paolo Confino

Polymarket users have wagered $3.2 billion on the outcome of the election—and the majority of bets are on Trump winning

Vice President Kamala Harris and former President Donald Trump (Credit: ROBERTO SCHMIDT SERGIO FLORES/AFP)

The 2024 election was filled with new and unprecedented developments in the history of American electoral politics: A sitting President was pushed out of the race by his own party. A mixed-race woman with Black and Indian heritage took his place roughly three months before Election Day. And their opponent, a former president vying for nonconsecutive terms in office, was convicted of 34 felonies while on the campaign trail. 

As the melodrama unfolded, the ups and downs of each candidate were tracked not only in the polls but for the first time in modern history by prediction markets. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.