With this year’s rising popularity of presidential election prediction markets, not only can pollsters predict the outcome of the election, but ordinary investors can too. Robinhood, the latest platform to make its foray into election betting, has raked in over 100 million bets after introducing contracts last week, according to the company’s CEO.
“100 million contracts have been traded in less than a week on @robinhoodapp’s Presidential Election Market,” Robinhood CEO and co-founder Vlad Tenev posted on X on Sunday.
