Polymarket Predicts 2022 Midterm Election Results

Will Republicans Win Both Senate and House?

Polymarket, a cryptocurrency predictions site has started its 2022 Midterms Live Forecast.

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It predicts that Republicans will comfortably rule both the House and Senate.

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The website puts an overall 64% chance of Republicans controlling Congress and an 88% chance of a Republican victory in the House, suggesting a nasty shock could be in store for Democrats.

The tightest Senate races will be in the state of Arizona where Democrats have 51% chance of winning whereas in Georgia Republicans have 52% chance of winning.

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Polymarket is a decentralized prediction market platform that allows you to bet your tokens on the outcome of current events.

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So far Midterms related trading has resulted in a volume of $340,500 and liquidity of $62,600.

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The 2022 US midterm elections will take place on November 8, 2022, and will contest all 435 seats in the House of Representatives and 35 of the 100 seats in the Senate.

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