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Unresolved Mississippi Senate contest draws over $35 million in wagers

The Clarion Ledger reports the race between Republican incumbent Cindy Hyde-Smith and Democrat Scott Colom remains too close to call while absentee and provisional ballots are counted. Kalshi had taken just over 30.2 million dollars on the race by Thursday afternoon, with several million more on Polymarket.

More than $35 million has been wagered across Kalshi and Polymarket on Mississippi’s undecided Senate race, according to the Clarion Ledger. Republican incumbent Cindy Hyde-Smith and Democrat Scott Colom remain in a contest too close to call.

Ballot counting keeps the outcome open

Absentee and provisional ballots are still being counted, the Clarion Ledger reports. The unresolved tally leaves prediction-market participants awaiting a result in the race between Hyde-Smith and Colom.

By Thursday afternoon, Kalshi had taken just over $30.2 million in wagers on the contest, according to the outlet. Several million more had been wagered on Polymarket.

Those figures establish the scale of wagering across the two platforms, but the supplied reporting does not include contract prices or implied probabilities for either candidate.

What it means for prediction markets

  • The continuing count of absentee and provisional ballots is the central unresolved development for contracts tied to the winner.
  • Kalshi’s just over $30.2 million and Polymarket’s several million more show substantial wagering, not which candidate traders consider more likely to win.
  • Without contract prices or platform settlement terms in the supplied reporting, neither market-implied odds nor the timing of resolution can be assessed.
KalshiPolymarketSenateInfiniti MarketsInfiniti Signals

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    Clarion Ledger
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