Kalshiโs Midterm Forecasts Drew Big Money โ and Fresh Scrutiny
Prediction markets drew intense attention on election night as traders wagered millions on the midterms, with Kalshi emerging as one of the most closely watched venues. A post-election review of its calls suggests the platform was directionally useful in some races, but far from infallible, underscoring both the promise and the limits of market-based forecasting.
