Mark Cuban Ready To Bet On Ethereum-Based Polymarket About Trump's Chances Of Doing A Great Big 'Belly Laugh', Asks JD Vance If He's 'In'

Billionaire business magnate Mark Cuban has declared his willingness to gamble on whether former President Donald Trump will exhibit a “belly laugh” before the forthcoming election.

What Happened: Cuban, a vocal critic of Trump, took to social media to suggest a bet on Trump’s laughter on the cryptocurrency-based prediction market, Polymarket. The discussion was initiated by Minnesota Governor Tim Walz (D), who offered to buy Trump a diet dew if he laughed in public once.

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. @NTmoney can we get a money line on @Polymarket if Trump belly laughs prior to the election ? I'll take the under 1 belly laugh. @PreetBharara You in ? @Scaramucci ? @JDVance ? @KamalaHarris https://t.co/J0AyePc4R8

— Mark Cuban (@mcuban) July 28, 2024

Shorty after, Cuban tagged Nick Tomaino, a known cryptocurrency venture capitalist, along with Trump-era White House official Anthony Scaramucci, former U.S. Attorney Preet Bharara, and even Vice President Kamala Harris, and Trump’s running mate, Sen. J.D. Vance (R-Ohio), if they are down to bet on Trump’s “belly laugh” before the election.

“I'll take the under 1 belly laugh,” the billionaire announced. Reacting to the conversation, Polymarket replied, “You got it boss.”

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Why It Matters: The cheeky dig by Cuban was aimed at Trump who recently made fun of Harris’ hearty laughter at a public rally.

“I call her Laughing Kamala. You ever watch her laugh?… She’s crazy. She’s nuts,” the former president said. 

While Cuban’s proposed bet could sound frivolous, Polymarket, which is built atop Ethereum ETH/USD Layer-2 chain Polygon MATIC/USD, has rapidly emerged as one of the world's top prediction markets for U.S. elections over the last few months. Users can buy or sell outcome shares, which can be redeemed for $1 if the outcome is correct, and become worthless if it’s incorrect.

As of this writing, odds in favor of a Trump’s win in elections later this year is 60% on the platform, compared to 38% for Harris.

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