Are these just betting markets? because if so isn't just a few large bets placed on kamala enough to do this? the bookie odds are just a reflection of where the money is nothing more.
You can go in the logs and see giant Kamala dumps happen semi-regularly that are very clearly not-organic. Like 5 figures suddenly surrounded by a mountain of 100$ trump bets.
I'm not that familiar with Polymarket, but The Quartering was criticizing it today on his election Sunday stream.
It's not traditional betting market because buyers can also sell their previous shares/bets in arbitrage similar to the stock market.
So it creates a whole lot of funny business where some investors are buying and selling purely based on current stock price to try to wring out a return rather than reflecting IRL trends.
Are these just betting markets? because if so isn't just a few large bets placed on kamala enough to do this? the bookie odds are just a reflection of where the money is nothing more.
They are, and that is exactly what is happening.
You can go in the logs and see giant Kamala dumps happen semi-regularly that are very clearly not-organic. Like 5 figures suddenly surrounded by a mountain of 100$ trump bets.
I'm not that familiar with Polymarket, but The Quartering was criticizing it today on his election Sunday stream.
It's not traditional betting market because buyers can also sell their previous shares/bets in arbitrage similar to the stock market.
So it creates a whole lot of funny business where some investors are buying and selling purely based on current stock price to try to wring out a return rather than reflecting IRL trends.