Prediction markets win big on election night
Headline from Semafor · First reported Nov 3, 10:36 AM ET () · Updated Nov 4, 10:43 AM ET · 3 sources, 3 articles
Prediction
Image: Semafor
What's being reported
Kalshi and Polymarket correctly called the Democratic sweep of Congress by wider margins than most polling models, as well as some key battleground races.
Summary from Semafor. Read every outlet's version below.Same story, different headlines
Left · Axios
Prediction markets have a lot riding on the blue wave
Right
No right-leaning outlet in our sources has covered this yet.
Left2
Prediction Markets Won Big Last Night
Some thoughts on then midterm elections.
Prediction markets have a lot riding on the blue wave
Prediction markets like Kalshi and Polymarket officially don't care which side of a bet wins. There is no "house." They get their cut either way. It's a business model that's attracted billions of VC dollars. Yes, but: Kalshi and Polymarket should be pulling hard for Democrats in today's midterm…
Center0
No center outlets in our sources have covered this yet.
Right0
No right outlets in our sources have covered this yet.
