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Prediction markets made a splash during 2024 Presidential election.
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The presidential race is over but Millions of dollars are still being bet on political outcomes.
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Here’s what people are betting on, from 2028 Presidential nominees to Trump’s cabinet picks.
Billions of dollars were bet on the presidential election outcome via prediction market platforms like Kalshi and Polymarket this year.
It was a new phenomenon in election cycles, with Kalshi receiving court approval in early October to launch election-based betting contracts for US citizens.
With the election over, money is now flowing into other bets on the platforms, from everything from Rotten Tomato movie scores to the winner of sporting events like the Mike Tyson vs. Jake Paul fight.
But politics is also still a popular topic for betting, with Kalshi and Polymarket seeing wagers on everything from President-elect Donald Trump’s potential cabinet picks to the presidential nominees in 2028.
Here are some political bets to watch on Kalshi and Polymarket now that the presidential election is over.
Current odds: Gavin Newsom (16¢), Josh Shapiro (15¢), Gretchen Whitmer (11¢), Pete Buttigieg (9¢), Andy Beshear (8¢)
Betting volume: $145,714
Current odds: JD Vance (52¢), Vivek Ramaswamy (8¢), Ron DeSantis (6¢), Donald Trump Jr. (6¢), Marco Rubio (6¢), Donald Trump (2¢)
Betting volume: $110,497
Current odds: Elon Musk (14¢), RFK Jr. (91¢), Vivek Ramaswamy (19¢), Steve Bannon (10¢), Jared Kushner (13¢), Ben Carson (80¢), Ken Paxton (27¢), Betsy DeVos (13¢), Ivanka Trump (5¢)
Betting volume: $2.0 million
Current odds: Yes (47¢), No (54¢)
Betting volume: $2.9 million
Current odds: Yes (30¢), No (72¢)
Betting volume: $509,219
Current odds: Karoline Leavitt (66¢), Scott Jennings (17¢), Tucker Carlson (5¢), Alina Habba (5¢), Kari Lake (5¢), Peter Doocy (4¢)
Betting volume: $313,753
Current odds: Yes (32¢), No (69¢)
Betting volume: $285,843
Current odds: Yes (47¢), No (54¢)
Betting volume: $267,997
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