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Americans are addicted to gambling on the election because it’s finally legal, sort of

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2024-10-19

Americans are addicted to gambling on the election because it’s finally legal, sort of

People can’t get enough of betting on the 2024 presidential election, and thanks to a recent legal ruling, it’s easier than ever for Americans to vote with their wallet.

On Polymarket, one of the top online exchanges, people have already spent over $1.2 bn betting on the US presidential election. That includes two mystery individuals betting millions on a Trump win.

Betting market odds are suddenly on the lips of US broadcasters and campaign spin doctors, quoted like polls and watched like the weather.

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