KalshiEx has listed more than two dozen new options in recent days for the exchange’s customers to bet on political outcomes, including the presidential race, the popular vote and Electoral College margins of that race, and individual Senate contests.
The new contracts were added to Kalshi’s platform within days of a favorable federal appeals court ruling for the company on Oct 2. The ruling lifted a temporary injunction that had blocked Kalshi from offering contracts on which political parties would control each chamber of Congress after the November elections.
A day later, Kalshi offered a contract for customers to bet on the winner of the presidential election, and potentially hedging any losses a customer might incur.
As of Wednesday, more than $3 million had been wagered in political contracts on Kalshi’s site, the lion’s share of which was on contracts of whether Vice President Kamala Harris or Donald Trump would win the presidential election.
Kalshi wagers on the presidential race outcomes …