Polymarket and Kalshi Turn Midterm Elections Into Multimillion-Dollar Betting Markets

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Prediction platforms Polymarket and Kalshi are drawing large sums of money by letting users wager on the outcomes of U.S. midterm elections. The article describes how these betting markets have changed the political process into something resembling a casino. The source text provided is only a single sentence, so further details such as specific figures, dates, and participants could not be confirmed. The report frames the trend as a shift in how Americans engage with their democracy. Readers should note that the summary is limited by the brevity of the available article text.

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