Source: Reuters
“The mystery bettor on election gambling site Polymarket who made large bets on a Trump election victory is a French national who took a position based on a personal view of the presidential race, Polymarket said in a statement on Thursday. Four accounts have bet heavily on Trump winning, with the total potential payout of those wagers standing at about $46 million as of Thursday, according to the website. The bets, coming with the rise in Trump’s odds on Polymarket, raised questions by social media users about whether they were swaying the markets or whether prediction markets were simply a better leading indicator of the race. Opinion polls have indicated a statistical dead heat between Vice President Kamala Harris and former President Donald Trump. On Polymarket, however, Trump’s chances have soared in recent weeks to 62% versus Harris’s 38%.” (10/24/24)
https://www.reuters.com/world/polymarket-says-mystery-trump-bettor-is-french-national-2024-10-24/