Midterm Election Prediction Trading Tops $197 Million Across 1,408 Markets
Updated
Updated · NBC News · Jul 10
Midterm Election Prediction Trading Tops $197 Million Across 1,408 Markets
2 articles · Updated · NBC News · Jul 10
Summary
$197 million in trading on U.S. midterm election outcomes has been logged across prediction markets, marking a sharp expansion in political-event wagering.
NBC News said the total came from an analysis of 1,408 open markets on Kalshi and Polymarket, two platforms at the center of the boom.
The surge fits a broader rise in prediction-market activity, with users increasingly trading contracts tied to events ranging from wars to sports.