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Prediction markets made a splash during 2024 Presidential election.
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The presidential race is over but Millions of dollars are still being bet on political outcomes.
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Here’s what people are betting on, from 2028 Presidential nominees to Trump’s cabinet picks.
Billions of dollars were bet on the presidential election outcome via prediction market platforms like Kalshi and Polymarket this year.
It was a new phenomenon in election cycles, with Kalshi receiving court approval in early October to launch election-based betting contracts for US citizens.
With the election over, money is now flowing into other bets on the platforms, from everything from Rotten Tomato movie scores to the winner of sporting events like the Mike Tyson vs. Jake Paul fight.
But politics is also still a popular topic for betting, with Kalshi and Polymarket seeing wagers on everything from President-elect Donald Trump’s potential cabinet picks to the presidential nominees in 2028.
Here are some political bets to watch on Kalshi and Polymarket now that the presidential election is over.
Who will be the Democratic presidential nominee in 2028?
Current odds: Gavin Newsom (16¢), Josh Shapiro (15¢), Gretchen Whitmer (11¢), Pete Buttigieg (9¢), Andy Beshear (8¢)
Betting volume: $145,714
Who will be the Republican nominee in 2028?
Current odds: JD Vance (52¢), Vivek Ramaswamy (8¢), Ron DeSantis (6¢), Donald Trump Jr. (6¢), Marco Rubio (6¢), Donald Trump (2¢)
Betting volume: $110,497
Who will be part of Trump’s Administration?
Current odds: Elon Musk (14¢), RFK Jr. (91¢), Vivek Ramaswamy (19¢), Steve Bannon (10¢), Jared Kushner (13¢), Ben Carson (80¢), Ken Paxton (27¢), Betsy DeVos (13¢), Ivanka Trump (5¢)
Betting volume: $2.0 million
Trump ends Ukraine war in his first 90 days?
Current odds: Yes (47¢), No (54¢)
Betting volume: $2.9 million
Matt Gaetz confirmed as Attorney General?
Current odds: Yes (30¢), No (72¢)
Betting volume: $509,219
Who will be Trump’s Press Secretary?
Current odds: Karoline Leavitt (66¢), Scott Jennings (17¢), Tucker Carlson (5¢), Alina Habba (5¢), Kari Lake (5¢), Peter Doocy (4¢)
Betting volume: $313,753
Will Trump create a national Bitcoin reserve?
Current odds: Yes (32¢), No (69¢)
Betting volume: $285,843
Trump ends Gaza war by first 100 days?
Current odds: Yes (47¢), No (54¢)
Betting volume: $267,997
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