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Why 83% × 44% = 44% in Kalshi's Midterm Markets

Kalshi’s midterm markets offer a useful lesson in correlation, and in why an apparent pricing inconsistency is not automatically an arbitrage opportunity. On July 24, Kalshi traders gave Democrats an 83% chance of winning the House and a 44%...

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Prediction Market News is your source for the latest breaking news, analysis, and market updates from the world's leading prediction market platforms, including Kalshi, Polymarket, and FanDuel Predicts. Our editorial team covers the biggest stories shaping prediction markets across politics, including US elections, midterm elections, and Donald Trump markets, alongside major sports prediction markets, entertainment events such as the Oscars and Rotten Tomatoes scores, financial markets, and other trending real-world events. Whether you're following platform launches, regulation, trading volume, or the markets themselves, you'll find the latest prediction market news and insights here.