Election betting markets are notoriously unreliable compared to polls. They’re easy to manipulate and it’s generally younger men who gamble online. Even PredictIt (which limits bets to $850) has tons of stupid money. I know because I won hundreds of dollars on there by not being stupid.
And by stupid money, I mean extremely stupid. Like even after elections are over, you can often find races where people are buying contracts for the loser because of conspiracy theories or whatever.
Election betting markets are notoriously unreliable compared to polls. They’re easy to manipulate and it’s generally younger men who gamble online. Even PredictIt (which limits bets to $850) has tons of stupid money. I know because I won hundreds of dollars on there by not being stupid.
And by stupid money, I mean extremely stupid. Like even after elections are over, you can often find races where people are buying contracts for the loser because of conspiracy theories or whatever.