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Second Assassination Attempt Barely Moves Trump's Polymarket Odds

Author: Content Editor
This article discusses the events and trends happening in the prediction markets related to the upcoming U.S. presidential election. It mentions that despite a second assassination attempt on former President Donald Trump, his odds in the election betting market have actually decreased. The prediction market platform, Polymarket, is expected to reach $1 billion in election trading. The article also mentions that Polymarket bettors believe that neither Trump nor Democratic nominee Kamala Harris will win all the swing states. It highlights that Polymarket's predictions differ from professional pollsters' predictions. Another regulated prediction market, Kalshi, has frozen its election markets pending a court decision. LogX, a crypto trading protocol, has raised $4 million to expand into leveraged prediction markets, offering up to 20X leverage on election outcome contracts. After the election, LogX plans to focus on sports and crypto price betting. The article concludes by stating that Trump is expected to endorse a specific crypto project and launch a business on the campaign trail, with bettors on Polymarket predicting he will say "crypto" at least five times during an upcoming broadcast.

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