Polymarket and Kalshi have risen for collecting the ‘wisdom of crowds’. But after high-profile blunders, some wonder if their predictions were just ‘stupid people getting lucky’ ...

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Prediction markets may be running the risk of “suggesting too much confidence in a good night for Democrats,” one analyst says.

Democrats need a net gain of four seats in each chamber to take control of Congress as Republicans fight to hold on to their majorities and President Trump looks to help the GOP avert a so-called blue ...

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Use Polymarket promo code COVERS for a $25 trading bonus on 2026 U.S. midterm election markets ahead of Nov. 3 results.