The bets, coming with the rise in Trump's odds on Polymarket, have drawn scrutiny because they diverge sharply from opinion polls. Polls have indicated a neck-and-neck race between Vice President Kamala Harris and former President Donald Trump. On Polymarket, however, Trump's chances have soared to 63% versus Harris's 37%. Odds on other prediction markets, such as Kalshi and PredictIt, have followed suit.
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Mystery overseas account increases its Trump bids on Polymarket betting site
On Monday, Commodity Futures Trading Commission Chairman Rostin Behnam said betting on the election "puts us in a very difficult place. It makes us an election cop.”
