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Congressional prediction markets pass 431 million dollars wagered, but 96 percent could be shifted five cents for 3,500 dollars or less, Gambling Insider reports
- Congressional prediction markets pass 431 million dollars wagered, but 96 percent could be shifted five cents for 3,500 dollars or less, Gambling Insider reports — Gambling Insider, reporting Anti-Corruption Data Collective research published November 2, says the study covered 28,845 congressional markets across Kalshi, Polymarket and Polymarket US, with betting volumes nearly triple the 2024 congressional elections. It found 66 percent of live markets could be moved five cents for under 100 dollars, raising transparency questions as market prices are cited as evidence of who is winning. (Gambling Insider)
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