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Midterm election betting passes 220 million dollars on Kalshi and Polymarket, more than double 2024 cycle, Bonus reports
- Midterm election betting passes 220 million dollars on Kalshi and Polymarket, more than double 2024 cycle, Bonus reports — More than 220 million dollars has been wagered on 2026 midterm outcomes across Kalshi and Polymarket, compared with 92 million dollars in the entire 2024 congressional cycle, according to a Reuters report citing the Anti-Corruption Data Collective. The analysis covered more than 21,000 congressional markets and found the top 1 percent of Polymarket wallets accounted for 70 percent of congressional election volume. (Bonus)
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