Senate Democrat Bob Casey may be desperate enough to spend seven figures on a bet that Donald Trump will win, but it’s not a million dollars of his own money. And at least the money went to something of value — ad time on TV for his own re-election campaign.
Casey didn’t spend $30 million on “Bliss,” though, or just push the money into a betting market. Four people — or maybe just one person — apparently did just that in Polymarket, one of seven key betting markets providing forums for gambling on election outcomes. The total of $30 million in crypto bets pushed the odds in Trump’s favor:
Over the past two weeks, the chances of a Trump victory in the November election have surged on Polymarket, a crypto-based prediction market. Its bettors were giving Trump a 62% chance of winning on Thursday, while Harris’s chances were 38%. The candidates were in a dead heat at the start of…
