Polymarket Gets Major Prediction Completely Wrong After Loudly Boasting About It

Polymarket Gets Major Prediction Completely Wrong After Loudly Boasting About It

When gambling platform Polymarket made an early morning announcement projecting Ken Paxton would win the Texas Republican senate primary, it had no polling data to go off, and no survey methodology to inform the decision. The announcement — styled as a “BREAKING” piece of polling news, invoking the language of journalists — instead followed the betting line: millions of dollars which, in that moment, skewed heavily toward Paxton. Voters, it turn…