CandleFocus World's Largest Prediction Market Polymarket Is Trump Biased
2024-10-22
Author: Content Editor
The author discusses their belief that Polymarket, a cryptocurrency prediction market, leans pro-Trump based on data showing Trump leading by a significant margin over Biden. They argue that Polymarket's user base is likely biased towards pro-Trump individuals due to its restriction on US users and its focus on crypto enthusiasts, who tend to lean conservative. The author suggests that traders can exploit this bias by buying Biden, anticipating the race to tighten as election day approaches. They conclude by stating that while Polymarket may be biased, it still offers valuable predictive data and serves as a useful tool for understanding market sentiment.
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