Are users predicting a Trump or Harris win?

Kalshi, a prediction platform and largest regulated US exchange, was one of the faces of the election betting markets, which are now legal in the US

The company describes itself on X as “the first legal way to bet on the election in America.” Unlike traditional election polls, Kalshi betting odds are not tied to poll data or official voting results, but allow users to place bets on the outcome of the presidential election between Vice President Kamala Harris and former President Donald Trump.

Harris or Trump? Which candidate do Kalshi bettors prefer more on election day?

According to Forbes, Kalshi users favor Trump on Election Day so far by a margin of 56% to 44%. The odds on the platform trended largely in favor of Trump in several betting markets. Trump's betting lead over Harris was reflected in election odds data from gambling sites such as Bet 365, Bovada, BetOnline and Oddschecker.

What are Election Odds Betting?

Platforms allow users to place bets on election results in the US – a now legal activity that was approved just weeks ago.

Previously, bettors relied largely on offshore betting markets such as Sporting Index and Betfair Exchange. Each platform sets its own betting limits; According to NBC, Kalshi allows its users to bet up to $100 million. However, it is important to note that betting on election odds is based on betting behavior and is therefore different from poll or voting results.

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