ToplineFormer President Donald Trump has been surging on betting sites as more states close their polls, turning around a shrinking lead over Vice President Kamala Harris in betting odds after the first major polls closed,

Thousands who gambled on the U.S. election are looking forward to a potential payout of about $450 million from online gambling sites after Donald Trump was elected president in a stunning comeback - but some may have to wait to collect their haul.

Like its counterpart in Kalshi, Polymarket has seen a huge boost in activity for the upcoming election. The site itself is reporting that users have already placed over $3 billion in bets on the outcome of the Presidential race alone, with more expected in the hours leading up to Tuesday.

Mainstream media reports have speculated that Donald Trump's odds on Polymarket are being manipulated for political purposes.Experts in

More than a billion dollars has been bet on the presidential election on the website Polymarket. But new research says the site is flooded with what’s known as “wash trading,” and that’s making the platform seem more popular than it is.

Polymarket gained significant traction in the period leading up to the US election. Betting activity and predictions on the 2024 U.S. presidential election alone reached nearly $3.2 billion. Donald Trump beat Kamala Harris to become the 47th president of the United States,

The French “whale” who bet $30 million on a Trump White House win via Polymarket has raked in $48 million in profits on the wager, according to the crypto-based betting platform. The anonymous bettor,

French regulators are eyeing a ban on the crypto betting website Polymarket after an anonymous trader made almost $50 million betting that Donald Trump would win the presidential election.