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Prediction markets hit $1.4 billion in midterms trading as forecasting credibility faces test

Prediction markets linked to the 2026 US midterm elections have exceeded $1.4 billion in trading volume, according to a CNN analysis, as the industry faces a test of its forecasting accuracy amid continued skepticism about traditional opinion polls. The November elections could influence whether pr

October 26, 2026 2 min read
Prediction markets linked to the 2026 US midterm elections have exceeded $1.4 billion in trading volume, according to a CNN analysis, as the industry faces a test of its forecasting accuracy amid continued skepticism about traditional opinion polls. The November elections could influence whether prediction markets become an established source of political forecasting, particularly as both market probabilities...
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