Kayla Wolf for The Washington Post via Getty Images
  • Kalshi and Polymarket made waves this election as billions of dollars were bet on the outcome.

  • Kalshi launched election betting for US citizens after winning court approval in early October.

  • Now that the election is over, here’s what people are betting on in prediction markets.

Billions of dollars were bet on the presidential election outcome via prediction market platforms like Kalshi and Polymarket.

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.

Betting sites garnered particular attention for diverging from the polls, though the prediction markets turned out to be largely correct. Trump was favored to win the election throughout the month of October on Kalshi and Polymarket, while most polls had the candidates locked in a dead heat.

With the election over, money is now flowing into other bets on the platform, from everything from Rotten Tomato movie scores to the winner of the upcoming Mike Tyson vs. Jake Paul fight.

Here are some of the most popular bets on Kalshi and Polymarket now that the election is over.

The Kansas City Chiefs offense at the line of scrimmage against the Los Angeles Chargers during a 2024 NFL game.
The Chargers and Chiefs last faced off in January 2024.Ryan Kang/Getty Images

Current odds: Chiefs (18¢), Lions (16¢), Ravens (13¢), Bills (9¢), 49ers (8¢), Eagles (7¢), Packers (3¢), Commanders (3¢), Steelers (3¢)
Betting volume: $751.0 million

Joe Biden.
President Joe BidenAP Photo/Susan Walsh

Current odds: Yes (93¢), No (8¢)
Betting volume: $33.3 million

Jake Paul stands with his fists up in a boxing ring during a 2023 fight.
Jake Paul during a 2023 fight.Sam Hodde/Getty Images

Current odds: Jake Paul (64¢), Mike Tyson (27¢), Draw (11¢)
Betting volume: $5.0 million

A worker helps to put the headpiece on top of a performer in a Bitcoin (BTC) costume at Thailand Crypto Expo 2022
Bitcoin is above $90,000 on Wednesday.SOPA Images / Getty

Current odds: Yes (73¢), No (30¢)
Betting volume: $3.5 million

From left: Sens. John Thune, Rick Scott, and John Cornyn are all officially running to succeed Mitch McConnell.
From left: Sens. John Thune, Rick Scott, and John Cornyn are all officially running to succeed Mitch McConnell.Alex Wong, Andrew Harnik, and Kevin Dietsch/Getty Images

Current odds: John Thune (64¢), Rick Scott (26¢), John Cornyn (11¢)
Betting volume: $2.0 million

james bond
MGM

Current odds: Aaron Taylor-Johnson (9¢), Henry Cavill (5¢), Damson Idris (3¢), Rege-Jean Page (1¢), Cosmo Jarvis (1¢), Tom Hardy (1¢), Other (80¢)

Betting volume: $448,398

Taylor Swift and Scott Swift cheer from a box at a stadium.
Taylor Swift and Scott Swift at a Chief’s game in December 2023.Kathryn Riley/Getty Images

Current odds: Yes (12¢), No (90¢)
Betting volume: $397,339

beyonce renaissance tour
Kevin Mazur/WireImage for Parkwood

Current odds: Taylor Swift (78¢), Beyonce (21¢), Rihanna (2¢), Other (1¢)
Betting volume: $387,787

Ariana Grande at a photocall for "Wicked" in November 2024.
Ariana Grande at a photocall for “Wicked” in November 2024.Don Arnold/WireImage/Getty Images

Current odds: Above 95 (19¢), Above 90 (48¢), Above 85 (75¢), Above 80 (78¢), Above 75 (80¢)

Betting volume: $299,765

Donald Trump
President-elect Donald TrumpBill Pugliano/Getty Images

Current odds: Yes (9¢), No (93¢)
Betting Volume: $162,099

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