Menu

Post image 1
Post image 2
Post image 3
Post image 4
Post image 5
Post image 6
Post image 7
Post image 8
Post image 9
Post image 10
Post image 11
Post image 12
Post image 13
Post image 14
Post image 15
Post image 16
Post image 17
Post image 18
Post image 19
Post image 20
Post image 21
Post image 22
Post image 23
Post image 24
Post image 25
1 / 25
0

Campaign staffers tell NPR they make 'thousands' betting on their own candidates

NPR·Luke Garrett·26 days ago
#Ibrh5t1t
Reading 0:00
15s threshold

Getty Images/Illustration by Emily Bogle/NPR It was a tight race, so a campaign staffer doubted the results of an unreleased poll showing their candidate up — by a lot. The tip about the outside poll didn't match up with the campaign's internal numbers. But accuracy aside, the staffer knew the poll would shake up the prediction markets . One market had their candidate down by double digits. "Myself and others started placing bets before that poll came out," the staffer, who was working on a statewide campaign in the South, told NPR on the condition of anonymity over fear for their future employment. "And then, sure enough as soon as that poll came out, the stock went up and everybody made money." This is one of the first publicly reported instances of a campaign staffer betting and winning thousands on their own candidate on prediction markets — emerging financial exchanges where billions are bet each week on future events like sports, culture and even elections .…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More