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Interactive Brokers | 10-Q: Q3 2024 Earnings Report
The accurate prediction of Trump's election victory by the reverse opinion polls in the gambling market is self-evident.
With the trend of Donald Trump's victory in the US presidential election becoming clear on Wednesday, the power of political gambling websites is also evident. In the weeks leading up to the election, these platforms that showed former President Biden's victory probability much higher than Kamala Harris' were often questioned, as various polls indicated a neck-and-neck race. The winner turned out to be the gambling market. As this election is seen as a nationwide referendum on the relative strength of polling institutions and betting platforms, especially in the financial sector, gambling websites will undoubtedly show a trend of invincibility driven by the market.