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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 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.

An Army of Paid Creators Is Carpeting the Web With Political Content

Unlike celebrity influencers with large followings, these creators produce a blizzard of videos for a fraction of the cost of traditional online campaigns and, in the process, shift public conversation.

Β© The New York Times

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