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Betting markets nailed Trump's decisive win -- and it's a good reminder they can be more accurate than polls

By Yahoo! Finance   |   1 year ago
Betting markets nailed Trump's decisive win -- and it's a good reminder they can be more accurate than polls

Prediction markets were more accurate in predicting the 2020 US election outcome compared to traditional polls. Betting markets like Polymarket and Kalshi showed a solid lead for Trump, gaining trust from voters. Participants with high confidence and better information prefer prediction markets over polls due to the financial stake involved.

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