After several election cycles where polls were off base and media coverage was biased, prediction markets promised to be technology’s answer to flawed polling, offering real-time data and financial incentives.

But that new technology has also made it easier for major players to manipulate public perception, raising concerns about what amplifying that information could mean.

“Markets are open to manipulation by a small number of deep-pocketed market participants.” Dr. Don Moore, the Lorraine Tyson Mitchell Chair in Leadership and Communication at University of California, Berkeley, told me. 3

I’ve been surprised over the last few weeks and months that despite polls (at times) showing Cuomo inching ahead, the betting odds on platforms like Polymarket and Kalshi have stubbornly shown

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