Kalshi and Polymarket get passing grade for midterm forecasting accuracy
Kalshi claims its traders called 98% of races correctly, though critics argue prediction markets misread several contests; the debate over their forecasting record continues.
Read at Bloomberg Law News →Full coverage · 15 outlets
- Bloomberg Law News · lead
- Bloomberg.comPrediction Markets Get a Passing Grade on the Midterms
- UA.NEWSKalshi claims 98% accuracy in US election forecasts - The Hill
- The HillPrediction markets foresaw Democratic dominance in midterm elections
- Better MarketsPrediction Markets Did Not Predict Yesterday’s Elections
- Kalshi News2026 midterms recap: Kalshi traders called 98% of races
- The GuardianAre prediction markets accurate on elections? The US midterms are a big test
- ReutersPrediction markets price Democratic sweep as US midterm betting soars
- WSJThe Prediction-Market Bettors Who Turned Election Night Into a Real-Time Casino
- LiveNOW from FOXPrediction markets vs. polls: Who got the election right?
- Yahoo FinancePrediction markets vs. polls: Election forecasting industry faces midterm test
- The Washington PostNearly $1.9 billion traded on midterms in booming prediction markets
- The Event HorizonFive Thoughts On Prediction Markets As Midterm Elections Arrive
- shattered.ioPolymarket, Kalshi Midterm Test: House 93% [2026]
- The Economic TimesUS midterm election betting surges past $1.4 billion as Democrats score major wins