What Kalshi And Polymarket Mean For Election Integrity: Gamble On Democracy
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Kalshi and Polymarket are the major online prediction markets where people bet on future events, everything from election results to who will win the 2027 NBA Championship. But do those bets influence election results? And how are the companies protecting gamblers from manipulating the market? CNBC’s investigation team explores.
Disclosure: CNBC has a commercial partnership with Kalshi and uses the company’s market data across its broadcast and digital platforms.
Chapters:
0:00 Introduction
3:52 Spencer Pratt’s campaign for LA Mayor
6:39 Prediction markets and congressional races
9:31 Tracking unusual activity
14:34 Data collected on each trader
18:05 Banning bets on elections?
Correspondent: Melissa Lee
Investigative Producer: Paige Tortorelli
Senior Investigative Producer: Scott Zamost
Editor: Steve Banton
Photographers: Oscar Molina, Marco Mastrorilli, David Soltis, David Grogan, Leroy Jackson, Mark Aster, Paul Lester, Kyle Watkins, Sean Healey, Christopher Albert
Audio Operators: Everett Wong, Juan Rocha, Francesco Lo Cascio, Tim Camarda
Animators: Erin Dean and Leslie Lillo
Additional Footage: Getty Images
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What Kalshi And Polymarket Mean For Election Integrity: Gamble On Democracy
Disclosure: CNBC has a commercial partnership with Kalshi and uses the company’s market data across its broadcast and digital platforms.
Chapters:
0:00 Introduction
3:52 Spencer Pratt’s campaign for LA Mayor
6:39 Prediction markets and congressional races
9:31 Tracking unusual activity
14:34 Data collected on each trader
18:05 Banning bets on elections?
Correspondent: Melissa Lee
Investigative Producer: Paige Tortorelli
Senior Investigative Producer: Scott Zamost
Editor: Steve Banton
Photographers: Oscar Molina, Marco Mastrorilli, David Soltis, David Grogan, Leroy Jackson, Mark Aster, Paul Lester, Kyle Watkins, Sean Healey, Christopher Albert
Audio Operators: Everett Wong, Juan Rocha, Francesco Lo Cascio, Tim Camarda
Animators: Erin Dean and Leslie Lillo
Additional Footage: Getty Images
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC
#cnbc
What Kalshi And Polymarket Mean For Election Integrity: Gamble On Democracy
