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Todd Spangler
NY Digital Editor
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Getty Images It’s Election Day for the pivotal 2026 midterms that will determine control of U.S. Congress — and a bunch of people are trying to make money by betting on the outcome.
As of Monday (Nov. 2) at 8 p.m. ET, nearly $1.9 billion had been wagered on the midterm elections on the two biggest prediction markets, Kalshi and Polymarket, according to an analysis by the Washington Post. About $1.3 billion has been traded on Kalshi compared with about $600 million for Polymarket.
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