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Midterms put prediction markets through a reputational stress test after a missed call in Brazil's presidential election, The Daily Upside reports
- Midterms put prediction markets through a reputational stress test after a missed call in Brazil's presidential election, The Daily Upside reports — The Daily Upside reports Kalshi and Polymarket face a major credibility test tonight after markets implied roughly 80 percent odds on Flavio Bolsonaro beating Luiz Inacio Lula da Silva in Brazil last week, a call that went wrong. Media partners including CBS, CNBC, CNN, Fox Corp and Dow Jones publisher now carry the two platforms' election prices into news coverage. (The Daily Upside)
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