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Bets placed on online platforms such as Polymarket and Kalshi, which allow users to make wagers on events in sports, politics and popular culture, have soared from less than $100m a month in early 2024 to more than $13b in November this year, according to a report from crypto firms Dune and Keyrock.
Both companies have announced a string of new partnerships with major sports leagues and others, and embarked on marketing blitzes. Google Finance displays probabilities based on betting data from both...
https://www.ft.com/content/bc300579-4b19-4f82-b232-e537e992c310
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