Donald Trump Leads, But Harris ‘Field Goal Could Win the Game,’ Says Analyst Who Thinks Prediction Market Are Trading Close To Where They Should
Posted On October 24, 2024
Jim Bianco, President of Bianco Research, addressed concerns about election betting market manipulation, stating that these markets are operating fairly and reflect accurate information.
What Happened: In a detailed thread on X on Wednesday, Bianco argued that election betting markets, such as Polymarket, PredictIt and Kalshi, are “trading close to where they should based on available information,” and that they’re “not manipulated.”
He supported his claim by comparing data from betting markets with polling aggregators and election models, showing that Donald Trump is trading over 50% and has been trending upward for weeks. Bianco noted, “Volume is going …
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