Prediction markets called the Democratic midterm sweep, outpacing polls in early calls
The 2026 midterms served as the highest-profile accuracy test yet for event contracts, with operators and critics disputing how well the markets really did.
Read at Reuters →Full coverage · 16 outlets
- Reuters · lead
- DeFi RateKalshi Saw a Democratic Sweep but Underestimated the Wave
- WellPlayedDemocratic midterm wins put prediction markets on new legal footing
- The HillDemocrats won big on Election Day. Prediction markets gave an early glimpse
- GamingTodayBetter Markets Says Kalshi Missed Key 2026 Midterm Races
- CNBCPrediction markets cement their status after forecasting Democratic sweep of Congress
- Yahoo FinancePrediction markets take a victory lap after calling the election before TV networks
- Washington TimesBettors vs. ballots: Prediction markets correctly bet on Democratic sweep
- The Lufkin Daily NewsPrediction markets get Democratic win right, with a few surprises
- Economist Writing Every DayThe Blue Wave Was Not That Surprising If You Followed Prediction Markets
- Cleveland.comPrediction markets were on the money with Acton, Brown victories in Ohio
- Better MarketsPrediction Markets Did Not Predict Yesterday’s Elections
- Bloomberg.comThe Midterm Predictions Were Good
- Idaho StatesmanPrediction markets get Democratic win right, with a few surprises
- New York MagazineKalshi Also Won the Midterms
- YahooPrediction markets price Democratic sweep as US midterm betting soars