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Midterm election wagering passes 1.48 billion dollars as prediction markets face their biggest forecasting test, Reuters reports
- Midterm election wagering passes 1.48 billion dollars as prediction markets face their biggest forecasting test, Reuters reports — Reuters reports more than 1.48 billion dollars has been wagered on the midterms, with Kalshi reporting 1.33 billion dollars in midterm volume and about 145 million dollars on Polymarket congressional markets across more than 28,000 markets. The platforms face scrutiny over candidates betting on their own races and research finding political markets can be shifted with relatively small bets. (Reuters)
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