And with the election seen, particularly in finance circles, as a referendum on the relative power of polls and these platforms, betting websites will now no doubt take on an even greater air of market-powered invincibility.
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Trump win boosts prediction markets that nailed election outcome
“These markets will run the world,” said Thomas Peterffy, the billionaire founder of Interactive Brokers. “People tend to say what they want, but in these markets, they will bet the way they think the outcome will occur, not what they want the outcome to be. It takes the emotion out of these questions.”
