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Prediction Market Users Bet Over $197 Million on Midterm Elections

NBC News reports that users of prediction markets have wagered more than $197 million on midterm election outcomes. The analysis included 1,408 markets on Kalshi and Polymarket, which offer betting on diverse topics.

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Kalshi Polymarket

According to a report by NBC News, prediction market users have placed bets exceeding $197 million on midterm election results. The analysis covered 1,408 open markets on the platforms Kalshi and Polymarket. These platforms allow users to bet on various topics, including sports, global events, and political elections.

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Prediction market users spend nearly $200 million on midterm election bets: Report

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Prediction Market Users Bet Over $197 Million on Midterm Elections