Overview

• Mark Cuban criticizes Polymarket's election odds, citing foreign money and legal restrictions on U.S. participants.
• Prediction markets like Polymarket and Kalshi have seen significant betting activity, with billions flowing in post-ban lift.
• Kalshi's founder argues against manipulation claims, noting that their platform reflects similar odds to Polymarket.
• Concerns persist about the validity of prediction markets as indicators, especially when dominated by non-American bettors.
• The Commodity Futures Trading Commission continues to challenge the legality of election betting in the U.S.