"Donald Trump Jr. Announced his role as a strategic adviser for Kalshi, a prediction-based betting market, emphasizing its insight into political trends compared to traditional media. Kalshi predicts Trump has about a 55% chance of victory in the upcoming election, showing better odds than Vice President Kamala Harris. Kalshi is the first legal prediction market in the U.S. For election betting, having recently won a court case against the Commodity Futures Trading Commission. Trump Jr. Highlighted using Kalshi on election night to know about a Republican win before traditional media, stating it proved the platform's effectiveness."