A new Reuters/Ipsos poll reveals that a significant majority of the American public is against the practice of betting on election results. According to the data, 60 percent of respondents expressed opposition to using prediction markets—such as Kalshi or Polymarket—to place wagers on political outcomes. Only 13 percent of those surveyed indicated support for the practice, while 24 percent remained undecided or did not provide a definitive stance.

The survey results suggest that skepticism toward election betting is consistent across the political spectrum, with no major partisan divide identified in the initial report. As the midterm elections draw closer, the role of prediction markets in political discourse has become a subject of increased scrutiny. While these platforms argue that they provide valuable data and insights into voter sentiment, the poll suggests that the general public remains uncomfortable with the financialization of democratic processes. The findings highlight a potential disconnect between the growing popularity of these financial platforms among certain investors and the broader public's perception of election integrity and the appropriateness of betting on civic events.