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Kalshi founder: Trump's chances of winning in the prediction market are not manipulated
2024-10-21 04:12
Odaily News Polymarket data shows that Trump's probability of winning the 2024 presidential election is 20 percentage points ahead of Vice President Harris, raising concerns about manipulation. Tarek Mansour, founder of the Kalshi prediction market, recently argued that these results are accurate and not the result of manipulation by providing comparable data from Kalshi. Mansour first refuted the media's claim that a small number of large whales are trying to manipulate Trump's chances of winning. Mansour said that "Harris' median bet is higher than Trump's," with Harris' median bet being $85 and Trump's $58. More and more people on the platform are betting on Trump to win, and the 20 percentage point lead reflected on Polymarket roughly matches the number of people. (Cointelegraph)