Prediction markets foresaw Democratic dominance in midterms elections

“Prediction markets foresaw Democratic dominance in midterms elections”

A dominant performance by Democrats in this week's midterm elections created a political earthquake, shifting the balance of power in Washington, D.C., and offering a clear view of voter frustration with President Trump and his party. But most of Tuesday's results were foretold in the hours before polls closed. Online prediction market platforms, such as Kalshi and Polymarket, have proven capable in recent...