Polymarket Wades into Malaysia's Johor State Election Betting

Place your bets: Polymarket wades into Malaysia’s Johor poll

Days before Johor state heads to the polls, gamblers on the crypto-powered betting exchange that emerged as a barometer of political sentiment during the last US election have already called it. On Polymarket, bettors have priced Barisan Nasional (BN) as an overwhelming favourite to retain control of Malaysia’s southern gateway to Singapore. As of Wednesday afternoon, the coalition stood at a 92.8 per cent chance of winning the most seats in Saturday’s vote – dwarfing Prime Minister Anwar...

By Iman Muttaqin Yusof