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Better Markets says Kalshi favored the losing candidate in the South Carolina, Iowa and Kansas Senate races for most of the month before Election Day
- Better Markets says Kalshi favored the losing candidate in the South Carolina, Iowa and Kansas Senate races for most of the month before Election Day — Better Markets, in a November 4 fact sheet, argues the midterm results show election contracts are gambling rather than forecasting, noting favorites usually win but the markets offered no special insight into the upsets. The group says bettors may simply follow the polls, so market odds carry no more guarantee of an outcome than sportsbook odds. (Better Markets)
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