Kalshi reposted this
In 1924, betting on elections was commonplace and "covered extensively in The Times and other major newspapers, as an important source of information about national, state and local political contests." Great piece in the The New York Times: https://lnkd.in/eYnisUft
That's interesting💯!
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9mo$1M bet in 1924 on an election candidate 10:1 🤯 Not much compared today ($17M) to the recent campaign funds revealed though. Is it lazy or being underinformed that ppl poll freely, which has no bias to action but don't openly bet, which is essentially 'to put your money where your mouth is'?