Prediction Markets Upstage Election Polls as Kalshi, Polymarket Draw Betting Use

The report named Kalshi and Polymarket as platforms through which users place bets on event outcomes. It said people are increasingly turning to such platforms to wager on real-world events, with election outcomes among the events covered.

The report was published under the headline “How Prediction Markets Upstaged Election Polls.” Bloomberg’s report did not provide additional details on the scale of activity or the specific elections involved.