US dominates Polymarket political bets despite geoblock: Report

Summary

Research suggests US-based users remain Polymarket’s largest political-betting group despite geoblocking. Allium estimated US wallets account for the biggest share of political contracts and wallet count on the global platform, implying that blocking access pushed activity offshore rather than eliminating it. The data is directional because only a small share of wallets was geographically tagged. US users appear especially drawn to foreign conflict markets, with many of their top markets tied to the Iran war, and comparatively less interested in election markets. This aligns with earlier Rutgers research estimating roughly 30% of Polymarket volume comes from the US. Polymarket still restricts users in more than 34 countries, with some regions fully blocked and others “close only.”