News Summary

• Election betting was common until the 1940s, then mysteriously faded away.
• There was an entire political era when party bosses were expected to gamble on their candidates.
• In the 1980s, a few economists designed an election market that beat out election polling 74 percent of the time.
• Today's episode is produced for Planet Money by Sam Yellowhorse Kesler, edited by Alex Goldmark, and engineered by Maggie Luthar.
• The original Throughline episode was produced by Rund Abdelfatah, Casey Miner, Cristina Kim, Devin Katayama, Sarah Wyman, Julia Redpath, and Kyana Moghadam.