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Prediction Markets Under Scrutiny as Midterm Elections Spark Major Bets

Prediction Markets Under Scrutiny as Midterm Elections Spark Major Bets

Polymarket and Kalshi Face a Major Accuracy Test: The Midterms
Polymarket and Kalshi Face a Major Accuracy Test: The Midterms

Studies have shown that the betting sites can predict races correctly, but their ability to forecast U.S. midterm elections is an important proving ground.

Polymarket and Kalshi Turn Midterm Elections Into a Multimillion Dollar Market
Polymarket and Kalshi Turn Midterm Elections Into a Multimillion Dollar Market

Betting markets like Polymarket and Kalshi have transformed America’s democracy into a new kind of casino.

Bipartisan pair of Senators press Kalshi, Polymarket over election markets
Bipartisan pair of Senators press Kalshi, Polymarket over election markets

A bipartisan pair of senators are pressing Kalshi and Polymarket over prediction markets tied to the Nov. 3 midterm elections. "We write to express concerns about election-related prediction...

Will Prediction Markets Affect Democracy? Take a Bet
Will Prediction Markets Affect Democracy? Take a Bet

Prediction markets like Kalshi and Polymarket are changing democratic participation in underappreciated ways, writes Priscilla Yoon.

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