Democrat takeover of Congress seen more likely by prediction markets
- With polls still open in 48 states, prediction markets have increased their odds of Democrats wresting control of Congress.
- As of 630p ET, Kalshi put the odds at 82%, up from 77% Tuesday morning. Polymarket's odds are 85%, up from 75%.
- Both predictions markets see a Democrat takeover of the House as almost certain. Kalshi's odds are 96%; Polymarket's, 98%.
- For the Senate, Kalshi sees a Democratic flip at 83%. Polymarket's odds are 86%.
- Most polling sites in Kentucky and Indiana closed at 6p. Some are still open in areas located in the Central Time Zone.
- At 7p, polls will close in Florida, Georgia, New Hampshire, South Carolina, Vermont, and Virginia.
- Seeking Alpha will have continuing coverage of the midterm elections through the evening.
- Dear readers: We recognize that politics often intersects with the financial news of the day, so we invite you to click here to join the separate political discussion.
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