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Polymarket payouts to be delayed unless Fox, NBC agree on US election winner

Polymarket payouts to be delayed unless Fox, NBC agree on US election winner

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Source: Coin Telegraph

No matter who wins the 2024 US presidential election, Polymarket users may have to wait months for their settlements. 

Donald Trump maintains a formative lead over Kamala Harris on the Polymarket prediction market but, no matter who wins the election, payouts could be delayed until Jan. 20, 2025, unless the Associated Press, Fox, and NBC all agree on a clear winner. 

Under the rules of the “Presidential Election Winner 2024” contest on Polymarket, either candidate must win the election for payouts to occur. However, when it comes to US presidential elections, it can take days, weeks, or even months to determine the final outcome.

According to a disclaimer on the contest’s landing page, Polymarket won’t declare a winner before Inauguration Day unless the media reaches a consensus.

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Author: Tristan Greene