Hear Me Out: Election Betting Should Be Legal

Published: June 4, 2024, 7 a.m.

b'On today\\u2019s episode of Hear Me Out: placing bets.\\n\\nBetting on the results of elections is illegal in the United States \\u2013 though that hasn\\u2019t stopped sportsbooks overseas from cashing in. And that doesn\\u2019t mean that Americans haven\\u2019t placed bets on election results in the U.S., either; that\\u2019s a tradition that dates back centuries.\\n\\nThere\\u2019s a push now to make elections betting legal on American soil \\u2014 and for American companies to run online casinos. Futures markets are complicated, and it might feel gross, or even dangerous, to gamble on democracy\\u2026 but of all the types of gambling we do allow, what if this one is actually the biggest good to society?\\n\\nEric Zitzewitz of Dartmouth joins us to bet on the value of election betting.\\n\\nIf you have thoughts you want to share, or an idea for a topic we should tackle, you can email the show: hearmeout@slate.com\\n\\nPodcast production by Maura Currie.\\n\\nWant more Hear Me Out? Subscribe to Slate Plus to access ad-free listening across all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking \\u201cTry Free\\u201d at the top of our show page. Or, visit slate.com/hearmeoutplus to get access wherever you listen.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'