Trump Leads in Election Prediction Markets Amid Allegations of Manipulation

With less than a week until the U.S. presidential election, betting platforms show Trump favored, but concerns about market integrity arise.

Polymarket and Kalshi prediction markets show Trump leading Harris with odds favoring Trump's victory, despite traditional polls indicating a tighter race.
Analysts have identified significant wash trading on Polymarket, raising concerns about the accuracy of its reported trading volumes and odds.
Polymarket's offshore operations and blockchain-based platform have attracted scrutiny, with accusations of manipulation by large traders.
Kalshi, operating legally in the U.S., also shows Trump as the favorite but attributes differences from polls to faster information aggregation.
Despite controversies, prediction markets have gained mainstream attention, with significant financial activity and media coverage influencing public perception.