Prediction Market Election Bets Opposed by Democrat, GOP Voters

With Election Day just three weeks away, prediction market operators are counting on surging volume in political event contracts, but many voters oppose those derivatives. A Reuters/Ipsos poll , published earlier today, indicates there’s bipartisan objection to prediction markets offering trades linked to electoral outcomes. Overall, 60% of voters aren’t fans of wagering on elections. Along party lines, 61% of Republican voters feel that way while 69% of Democrats don’t want electing betting to be available, according to the poll.