Kalshi Founder: The prediction market has not been manipulated
Former President Trump leads Vice President Kamala Harris by 20 percentage points on Polymarket, raising concerns about manipulation. Tarek Mansour, the founder of Kalshi prediction market, recently argued with comparable data from Kalshi that these results are accurate and not the result of inorganic manipulation.
Mansour first refuted media claims that a minority of big players were skewing the odds towards Trump. "The median bet amount for Harris is greater than for Donald Trump," with Harris's median bet amount being $85 and Trump's being $58.
The founder also explained that more individuals on the Kalshi platform are betting on Trump, and the 20 percentage point lead on Polymarket corresponds roughly to the number of individuals betting on Trump winning November's election on Kalshi.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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