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Polymarket and Kalshi Face a Major Accuracy Test: The Midterms

Studies have shown that the betting sites can predict races correctly, but their ability to forecast U.S. midterm elections is an important proving ground.

Β© Hilary Swift for The New York Times

Prediction platforms like Polymarket are hoping the U.S. midterm elections will be their moment to shine.

Polymarket Is Investigating Suspicious Bets on Israeli Election

The company said it was looking into hundreds of new accounts that had placed wagers in two markets related to the election on Tuesday.

Β© Chris McGrath/Getty Images

Israel’s prime minister, Benjamin Netanyahu, speaking at a Likud event in Jerusalem on Wednesday.

Polymarket and Kalshi Turn Midterm Elections Into a Multimillion Dollar Market

Betting markets like Polymarket and Kalshi have transformed America’s democracy into a new kind of casino.

Β© Hilary Swift for The New York Times

David Bensoussan has placed wagers worth over $1.5 million in over a dozen midterm races.
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