First Published: Nov. 2, 2024 at 9:05 a.m. ET

A total of $1.8 billion has been bet worldwide on the U.S. election, Polymarket says

This year’s U.S. presidential election has suddenly made betting on politics a topic of mainstream conversation.

As many people have pointed out, Donald Trump has taken a commanding lead with some of the bookmakers and online betting sites, even while the opinion polls see the race pretty much a coin toss.

About the Author

Brett Arends

Brett Arends is an award-winning financial writer with many years experience writing about markets, economics and personal finance. He has received an individual award from the Society of American Business Editors and Writers for his financial writing, and was part of the Boston Herald team that won two others. He has worked as an analyst at McKinsey Co., and is a Chartered Financial Consultant. His latest book, “Storm Proof Your Money”, was published by John Wiley Co.

Last Updated: Nov. 2, 2024 at 1:21 p.m. ET