Bet

While regulators around the world ban Polymarket for being a gambling platform, attorney Aaron Brogan has a good argument for why it’s not.

Prediction markets aren’t gambling because the house doesn’t always win. Academics get it, but regulators around the world have differing opinions – and Polymarket is feeling the heat.

The scrutiny comes after a French national profited handsomely on the platform by placing large bets on Trump winning the U.S. election

The most popular Polymarket bet has seen a flurry in trades ahead of Election Day, contributing to a surge of Harris’ winning shares on the betting platform.

The latest price moves in crypto markets in context for Nov. 1, 2024.

At current prices, a $10,000 punt on Harris could equal a $25,000 payout if she wins the U.S. presidential election.