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Polymarket is a blockchain platform for market predictions where people bet on events using crypto, from elections, economic shifts, to random thoughts. Polymarket is a crystal ball powered by collective bets, with share prices showing what the crowd thinks will happen.

Are its outcomes reliable? Last month, in Canada’s 2025 election, Polymarket was right by giving Mark Carney a 79% chance of winning, outpacing traditional polls. Its strength comes from predictors’ money . Unlike polls that ask opinions, bettors need to put money on where their mouths are.

I was critical of polymarket before the 2024 election as a coping mechanism but I'm afraid to say it's an amazing tool to essentially predict the odds of any important event

— Slazac 🇪🇺 🇺🇦 🇹🇼 🌐 (@TrueSlazac) April 29, 2025

On rate cuts, Polymarket has been giving us correct predictions for months. It doesn’t predict exact CPI numbers but tracks related bets, like inflation trends, which hit 2.4% in May 2025. Yep, basement analysts can now predict something that matters.

Polymarket predictions betting edge is on its speed. Bettors can react to news instantly, making prices a live pulse of what’s likely. With billions in bets, it’s a gauging tool.

It has also recently partnered with X, mixing real-time social media vibes with betting insights. This combo sharpens predictions, as users wager on everything from politics to sports with surprising accuracy.

POLYMARKET JOINS X

X just named Polymarket its official prediction market partner, marking a major shift toward real-money forecasting.

Polymarket is known for tracking odds on everything from elections to global events with surprising accuracy.

Now it’s getting a mainstream… https://t.co/PV8bXDlteJ pic.twitter.com/kPjErSZPO6

— Mario Nawfal (@MarioNawfal) June 6, 2025