Experts Worry Election-Betting Markets Are Skewed Ahead of Vote
- Harris momentum rises but Trump still leads odds on most sites
- Yet even supporters question predictive powers of these sites
Campaign signs for Kamala Harris and Donald Trump in Greensboro, North Carolina, on Nov. 3.
Photographer: Al Drago/BloombergThis article is for subscribers only.
Economists have long loved prediction markets. Even niche platforms such as the Iowa Electronic Markets and betting pools inside companies like Ford Motor Co. have been praised for their fortune-telling prowess.
And now, the online emporiums have entered the big leagues with the 2024 presidential election.