UPDATED WED 04 NOV · 20:16 UTCLIVE
MarketsMedium

Prediction markets vindicated by midterms

Kalshi favorites won 98% of races called, and commentators say prediction markets beat polls on both forecast and live updates.

What we know

Kalshi: favorite won 479 of 487 races. an account on X says markets did what they should.

How the story developed

04 Nov · 20:16 UTC

Kalshi favorites won 98% of races called, and commentators say prediction markets beat polls on both forecast and live updates.

04 Nov · 07:16 UTC

CT debated whether prediction markets priced the result correctly and whether markets only briefly overreacted.

By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.