Prediction markets called the Democratic midterm sweep correctly, with a few surprises
The result is a validation moment for Kalshi and rivals after months of scrutiny, though critics disputed the accuracy claims and the industry still faces state litigation.
Read at Reuters →Full coverage · 15 outlets
- Reuters · lead
- The HillPrediction markets foresaw Democratic dominance in midterm elections
- Kalshi News2026 midterms recap: Kalshi traders called 98% of races
- UA.NEWSKalshi claims 98% accuracy in US election forecasts - The Hill
- Better MarketsPrediction Markets Did Not Predict Yesterday’s Elections
- The GuardianAre prediction markets accurate on elections? The US midterms are a big test
- Yahoo FinancePrediction markets vs. polls: Election forecasting industry faces midterm test
- AxiosPrediction markets have a lot riding on the blue wave
- qz.com9 prediction-market bets and stories from the 2026 midterm elections
- CNBCPrediction markets cement their status after forecasting Democratic sweep of Congress
- New York MagazineKalshi Also Won the Midterms
- Fox BusinessBusiness leaders, investors weigh impact of Democrats’ midterm sweep on markets, AI and travel
- SemaforPrediction markets win big on election night
- ForbesLive Election Betting Odds: Democratic Sweep Hits 99%
- NewsNationHow accurately did polling, Polymarket data predict 2026 election results?