Some Americans placing bets this election; Heres what to know [Video]

While gamblers outside of the United States have long been able to place bets on who will win the White House, in a historic shift this election cycle, Americans can make political wagers of their own.More than $100 million in election bets have been traded on Kalshi, a federally regulated prediction market that was given the green light to offer election betting after a federal appeals court in Washington, D.C., this month upheld a lower court’s order that made way for legal political gambling. Other platforms in the U.S. have begun to offer election-related bets in the wake of the ruling.The election markets have not gone unnoticed by the Republican Party’s presidential nominee, Donald Trump, who has touted his odds on social media and at campaign events.“You see we’re up in the polls pretty substantially. They have a new thing, a new phenomena, and that’s gambling polls,” the former president …