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Polymarket says it predicts the truth. Its social feeds are filled with falsehoods

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Polymarket, valued at more than US$9 billion (S$11.5 billion) in 2025, has been credited for accurately predicting what happens in sports, politics and culture through its online marketplace.

Polymarket, valued at more than US$9 billion (S$11.5 billion) in 2025, has been accurately predicting what happening in sports, politics and culture through its online marketplace.

PHOTO: AFP

Stuart A. Thompson, David Yaffe-Bellany, Mike Isaac

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NEW YORK – Polymarket, the betting website that accepts wagers on everything from who wins the Super Bowl to what will be said in the State of the Union address, describes itself as more than a digital gambling hub.

In the words of its chief executive officer, it is also “News 2.0” – a source of truth fuelled by millions of users who put money on the line to back their predictions.

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