Mark Cuban Dismisses Polymarket Election Odds As Meaningless: ‘Most Of The Money Is Foreign’

Billionaire investor and entrepreneur Mark Cuban expressed skepticism about the significance of Polymarket‘s election odds, which have shown growing support for former President Donald Trump.

What Happened: In an interview with CNBC, Cuban stated that he does not believe Polymarket’s odds are indicative of anything meaningful, pointing out the influence of foreign money and questionable legality for U.S. participants.

“I’m an indirect investor in Polymarket through a fund that I’m in, a crypto fund that I’m in,” Cuban revealed, but quickly added, “I don’t think it’s an indication of anything.”

He highlighted that much of the money flowing into Polymarket likely comes from foreign sources, and U.S. citizens are technically not allowed to bet on the platform.

“From all indications, most of the money coming into Polymarket is foreign …

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