Kalshi says the election-betting business is booming, with more than $70 million in buying and selling in those markets since the start of October.

Whether you agree with the thesis or not, this is the first U.S. election to test it on a large scale. Thanks to Kalshi’s victory over the Commodity Futures Trading Commission in federal court, users can now bet on an array of politically themed contracts, from Senate races to margins of victory.

Polymarket has seen a recent surge in pro-Trump election bets. Is it the movement of a rational market or a concerted campaign?

Donald Trump has extended his lead over Kamala Harris in the betting markets with two weeks to go until the election. He appears to have the momentum in one of the closest races in history. In a further boost for the former president a new Atlanta Journal-Constitution/University of Georgia survey has the Republican (47 percent) leading Harris (43 percent) by four points in the crucial state of Georgia.