Betting on the election? Your state may prohibit it

(NEXSTAR) – With the expansion of online betting platforms, you can wager on nearly anything, from the Super Bowl to who will be selected as the White House press secretary (suspicious bets tied to the latter are being investigated).

Politics has seemingly become one of the most popular spaces in which wagers are being cast. Earlier this year, for example, Kalshi banned former Rep. George Santos after he placed wagers on the State of the Union.

Prediction markets, in particular, have been a focus of lawmakers for several months. In March, bipartisan legislation was introduced in the Senate to restrict what entities like Kalshi and Polymarket can offer wagers on.

Several states are also targeting prediction markets and even warning voters against betting on their ballots.

In July, election officials in Wisconsin warned voters that betting on an election could not only cost them their vote but culminate in a felony charge.

“We want voters to understand that they cannot legally make a bet on an election and cast a ballot in that same election,” Wisconsin Election Commission........

© The Hill