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Inside the booming market for US midterm election bets

ACDC said traders have bet more than $220 million this cycle, with 70% of Polymarket congressional volume coming from the top 1% of wallets.

Summary by WTVB
By Hannah Lang and Michelle Price WASHINGTON, Oct 14 (Reuters) - Betting on US midterm elections has surged this year on Polymarket and Kalshi, prediction markets that rose to prominence in 2024 when they bucked traditional opinion polls in signaling t...

Bias Distribution

  • 67% of the sources lean Right
67% Right

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WTVB broke the news on Wednesday, October 14, 2026.
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