Midterm trading concentrates in four Senate races as volumes climb
Reuters reports Kalshi reported 1.33 billion dollars in trading volume across all midterm bets on Monday, while about 145 million dollars has been wagered on Polymarket congressional markets, according to the Anti-Corruption Data Collective. More than 28,000 midterm markets have been opened, with Senate races in Texas, Michigan, Maine and South Carolina accounting for most of the trading volume.
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Related
- Polymarket whale money concentrates in the Republican-sweep contract, with $3.2M in large trades on a Republican Senate and House
- Senate seat-count markets make Democrats above 52 seats the favourite at 58% on Kalshi, up 20 points in a week, on $896K traded
- South Carolina Senate market prices Darline Graham at 70 cents on both Kalshi and Polymarket, down 3 cents since Friday, Action Network reports
- Florida Senate market prices Ashley Moody at 88 cents on both Kalshi and Polymarket, Action Network reports
- Nebraska Senate price for Pete Ricketts slips 7 points in a week to 66 percent on Kalshi, Sikt Intelligence reports
- New Hampshire Senate market prices Chris Pappas at 94 percent on average across Kalshi, Polymarket and Polymarket US, DeFi Rate reports