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Bets on the U.S. congressional midterm elections on prediction platforms have exceeded $1.48 billion, with one platform recording $1.33 billion in trading and another $145 million. Markets give Democrats a 94% chance of winning a House majority and a 75% chance of taking control of the Senate. Although the platforms offer useful indicators and face pressure to strengthen oversight and prevent manipulation, experts caution that their forecasts are not certain outcomes—especially in close races.
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