Despite Being Vilified by ‘Experts,’ Election Betting Markets Turned Out To Be More Accurate Than Pollsters

One of the most popular betting sites this year bragged about their accuracy in a post on X.

AP/Richard Drew
A television screen on the floor of the New York Stock Exchange displays results of the Presidential election, Wednesday. AP/Richard Drew

After all the talk about betting markets skewing toward President Trump inaccurately in the lead up to the election this year, it turns out that the popular new sites were far more accurate than some of America’s best pollsters. Billions of dollars were wagered on the presidential election, and it’s likely that bettors won’t be shying away from putting money down again in the future. 

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