this post was submitted on 09 Apr 2026
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[–] gravitas_deficiency@sh.itjust.works 87 points 2 days ago (4 children)

I do rather hate that so many news orgs seem to be using polymarket et al as a drop-in replacement for actual polling, because polymarket is loosely affiliated, if at all, with reality. It’s a fucking betting platform. There’s nothing scientific or statistical about it that aligns with demographic realities.

[–] Aatube@lemmy.dbzer0.com 26 points 2 days ago

Newsweek has always been a questionable source since its purchase by the notorious IBT. https://en.wikipedia.org/wiki/Wikipedia:Reliable_sources/Perennial_sources#Newsweek_(2013-present)

[–] nulluser@lemmy.world 12 points 2 days ago* (last edited 2 days ago)

Not to mention that a quality poll would just be among qualified likely voters in the election in question, where as polymarket is just gambling addicts anywhere on the planet.

[–] Wildmimic@anarchist.nexus 10 points 2 days ago* (last edited 2 days ago)

But at the same time Polymarket seems a bit like a self fulfilling prophecy - because Polymarket says something, it by itself increases the odds of that event happening; and in the cases where it isn't this way, look for the large amount of bets 2 hours before the event in questing, a.k.a the "GOP spike".

[–] FaceDeer@fedia.io 1 points 2 days ago

On the other hand, it's well designed to surface inside information. Exactly the thing that lots of people complain about, but it's a good thing if you'd like to use the prediction market to make predictions like this.