Tag #Predictive Betting

How does Polymarket's process for creating betting markets, exemplified by its handling of the 2024 presidential election, contribute to its predictive accuracy?

Polymarket's betting markets are not user-generated; rather, the company's team initiates them based on user interest. This approach, seen during the 2024 election where Trump was given over a 60% chance of winning, demonstrates Polymarket's ability to aggregate user sentiment and predict outcomes. The current market on Mangione's case reflects a similar aggregation of information and speculation.