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Kalshi election-market volume topped 2.5 billion dollars this cycle, up from 1.3 billion in 2024, and Polymarket forecasts were about 98 percent accurate, Reuters via DevDiscourse reports
- Kalshi election-market volume topped 2.5 billion dollars this cycle, up from 1.3 billion in 2024, and Polymarket forecasts were about 98 percent accurate, Reuters via DevDiscourse reports — DevDiscourse, citing Reuters, reports Kalshi's total trading volume on election markets reached over 2.5 billion dollars this cycle, compared with 1.3 billion dollars during the 2024 cycle that included the presidential race, while a person familiar with the matter put Polymarket's election forecast accuracy at about 98 percent. One notable miss came in South Carolina, where Democrat Annie Andrews defeated Republican Darline Graham despite markets implying about a 70 percent chance for Graham late on Tuesday. (DevDiscourse)
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