You cant legally put money on the fate of Luigi Mangione in the United States.
From sports betting to Counter-Strike skins, gambling is having a moment in America.
Sites like Polymarket, PredicIt, and Kalshiexploded in popularityover the past year.
Luigi Mangione leaves Manhattan Criminal Court on December 23, 2024 in New York City.© Photo by Adam Gray/Getty Images
Popular bets on the site trend along with the news.
Unless those markets are checked by U.S. regulators.
The Commodity Futures Trading Commission (CFTC) has oversight on prediction markets like Kalshi and PredictIt.
On Polymarket all assassin-related bets are on.
Will Luigi Mangione fire his lawyer before 2025?
Polymarket has the odds atjust 1 percent.
Will it be confirmed that Luigi Mangione used psychedelics?
The usersgive it a 43 percent chance.
Luigi Mangione motivated by denied claims?
On December 10, Polymarket had this at a 75 percent chance, but itplummeted to around 25 percent.
None of the Mangione-related bets are high volume.
At over $400,000, Is Luigi Mangione YouTube channel real?carried the most volume.
But the viral YouTube channel has long since beendebunked as fake.
On Polymarket, big political questions and sports bets are moving a lot more cash.
On Kalshi, people have spentalmost $7 millionpredicting which song will top the USA pop charts on Spotify.
Mangione just isnt a hot market.
The CFTCs move to remove Mangione-related bets from Kalshi is the latest in its ongoing fight against prediction sites.
But a U.S. court of appealsoverturned the rulingin October, just in time for the election.
On Polymarket the bets flow freely, but the leadership isnt faring as well with regulators.
In November, the FBIraided the NYC apartmentof Polymarket CEO Shayne Coplan.
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