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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...
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Hindustan TimesHindustan Times
Center

Growing gamble on US midterms

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·New Delhi, India
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New York PostNew York Post
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Bettors wager over $220M on midterm election outcomes on Kalshi, Polymarket — with big money on Texas Senate battle

Bettors have reportedly wagered over $220 million on the outcomes of the November midterms on prediction markets Kalshi and Polymarket.

·New York, United States
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ReutersReuters
+2 Reposted by 2 other sources
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Inside the booming market for US midterm election bets

·London, United Kingdom
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WTVB broke the news on Wednesday, October 14, 2026.
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