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Explore Inside the Newly Legalized World of Election Betting | WSJ with 347,920 views, 5,005 likes, and 501 comments. Experience the impact of this video content that has captured audience attention.

While polls show former President Donald Trump and Vice President Kamala Harris in a dead heat in the final stretch of the 2024 election, the GOP nominee is dominating the Democratic candidate in the betting markets. Once banned by federal regulators, Americans can now legally gamble on elections in prediction markets. Platforms like Kalshi and Polymarket have emerged as websites to place yes-or-no contracts. WSJ reporter Alexander Osipovich explains how these markets work, what they could tell us about the outcome of the election and the implications of trading on the future of the country. Chapters: 0:00 Election betting is legal 0:36 How it works 2:39 Prediction markets vs. polls 3:58 The reliability of betting markets Follow live Election Day coverage here: https://on.wsj.com/3NXI8UZ News Explainers Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news. #Harris #Trump #WSJ

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