In the 2024 US presidential election, users who bet on the Polymarket cryptocurrency-based prediction platform will have to wait for months to receive their payouts. Although Donald Trump is expected to win, the platform has warned that payouts will be delayed due to the time needed to determine the final election results.
The rules state that payouts require one of the candidates to win, and the determination of the final result can take weeks or months. Polymarket states that they will not announce a winner before inauguration day, unless the media clearly agrees on the winner. The presidential market will close when the Associated Press, Fox, and NBC all announce the same candidate as the winner, and will remain open until the inauguration if this does not occur.
