How Betting on U.S. Politics Is Getting Big

This podcast episode examines the concerns of the CFTC regarding election betting, illustrating the agency's hesitations about potential manipulation and its role in oversight, while contrasting these worries with Polymarket's response and compliance claims. With the unprecedented nature of the 2024 U.S. presidential election adding to the allure of prediction markets, the discussion highlights how Polymarket serves as a platform for users to engage with and profit from volatile political circumstances, drawing on personal anecdotes and various motivations behind users' participation.