"Gamblers have already staked over $125 million on the 2024 presidential election on Polymarket—which lists former President Donald Trump as the favorite over President Joe Biden, with a 49% of winning."

https://www.forbes.com/sites/zacharyfolk/2024/05/14/peter-thiel-invests-in-polymarket-political-betting-platform-but-the-future-of-gambling-on-elections-remains-unclear/?sh=7a423d4c5b80