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If U.S. Election is Disputed, Betting Markets Could Face ‘Hornet’s Nest’

November 4, 2024
in Bitcoin
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In prediction markets, merchants guess on verifiable outcomes of real-world occasions in specified time frames. Usually, they purchase “sure” or “no” shares in an consequence, and every share pays $1 if the prediction comes true, or zero if not. (On Polymarket, bets are settled in USDC, a stablecoin, or cryptocurrency that trades one-to-one for {dollars}; different platforms, together with Kalshi and PredictIt, pay out common bucks.)



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Tags: BettingDisputedElectionfaceHornetsMarketsNestU.S
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