YnetnewsPolitics
Israeli Election Betting Market Surges to $70 Million on Polymarket
Summarized from Ynetnews by baba
CenterNeutral tone
Online betting site Polymarket recorded nearly $71 million in bets on Israeli election results, making it one of the largest political markets outside the U.S. Initially, Gadi Eisenkot was favored to win, but Benjamin Netanyahu later took the lead in the betting. The market volume significantly increased in the days leading up to and on election day.
The story in 5 lines · by baba
- Polymarket saw nearly $71 million in bets on Israeli election results.
- This volume makes it one of the largest political betting markets outside the U.S.
- Gadi Eisenkot was initially favored to become prime minister.
- Benjamin Netanyahu later took the lead in the betting.
- Market volume reached $54.2 million the morning before election day.
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