7 of Polymarket’s Weirdest Political Betting Pools

Political turmoil in the United States has led to a surge in interest in decentralized prediction platforms. PolymarketThe user bets Hundreds of millions of dollars Regarding the results of the November presidential election.

Polymarket allows anyone to create a market where they can bet on the outcome of almost any event.. With less than 90 days until the election, political betting pools are growing. In July, platform activity surged, with nearly 40,000 traders betting more than $300 million across all types of pools.

While most of the money allocated to the Polymarket pool went to popular bets, such as who will be the next U.S. president, other investors took a more unconventional approach.

In fact, pools have emerged to cover a variety of unusual political scenarios. Here are some of the most intriguing political betting pools currently on Polymarket, some of which will leave you scratching your head.

Will the Harris campaign accept cryptocurrency donations this month?

As of this writing, users have wagered over $53,000. Kamala Harris’ Campaign to Accept Cryptocurrency Donations Until September.

For those who love cryptocurrencies, the current odds offered by Polymarket are not very satisfactory. As things stand, the odds of this outcome occurring sometime in August are only 14%.

To achieve a “yes” outcome, the campaign only needs to announce its intention to accept cryptocurrency donations in August, without actually implementing a donation mechanism.

Will Trump Issue a Coin Before the Election?

Polymarket users bet on: Donald Trump is set to launch a cryptocurrency. It’s before the election. If there is “clear and convincing evidence” that Trump was involved in the new token launch during the entire day of November 4th, the result will be “yes.”

More than $263,000 is currently on the bet, but the pool offers 19% odds on a favorable outcome. Those odds have increased significantly since Trump’s sons Eric and Donald Trump Jr. hinted that they are working on a “huge” cryptocurrency project.

Will Trump Go to Jail Before Election Day?

Trump for at least 48 hours straight Detention in a prison or jail Before the November election, “Yes” voters in this pool will receive a dividend. This pool has been in operation since January of this year, and the probability of a “Yes” result has increased from 25% to 5%. This result costs more than $1.4 million.

Will Trump be president on September 1st?

One of the strangest political conundrums involves the following scenario: Trump will become president before September 1st Of the year.

This date is ahead of the election and inauguration in January, so theoretically Trump should become Speaker of the House and take over for both President Biden and Vice President Harris next month. Unsurprisingly, this outcome was only 2% likely and is now at 0%.

Will there be a confirmed coronavirus lab leak in the US in 2024?

Some of Polymarket’s unusual political pools do not revolve around upcoming elections. For example, a pool with a current total stake of $276,000 is based on the US government’s initial The COVID-19 virus came from a labAs of this writing, the odds of a “yes” answer are only 8%.

Will the US confirm the existence of aliens by 2024?

Conspiracy theorists may choose to focus on another wild polymarket pool while questioning whether the US government has confirmed it. Alien life or technology exists Before the end of the year. As of now, there’s about $115,000 on the line, but at 4%, that’s roughly the same chance that Trump will be in jail for two days before Election Day.

Will New Countries Buy Bitcoin in 2024?

Another pool that is particularly relevant to cryptocurrency enthusiasts is the new country Buying Bitcoin for the first time This year, a sovereign UN member state that has not previously disclosed its Bitcoin purchases could potentially secure a “yes” outcome with this type of announcement. According to Polymarket, this outcome, which currently has a 39% chance of occurring, would be worth more than $73,000.

Edited by Ryan Ozawa