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Home – Election Integrity – Election Betting on the Rise Ahead of Midterms: Experts Weigh In

Election Betting on the Rise Ahead of Midterms: Experts Weigh In

With midterms a little over a month away, Georgia Secretary of State Brad Raffensperger has issued a warning to election officials across the state about a topic that some say can interfere with elections.

Election betting is on the rise, not only in the Peach State, but in other states throughout the nation as well.

The Rise of Kalshi and Polymarket

Zac Peskowitz, a professor of political science at Emory University, told the Daily Signal that while there used to be “small-scale markets where you could bet on elections,” now there are bigger betting platforms like Kalshi and Polymarket, and “they’ve been able to take this [on] at a much bigger scale.”

According to Peskowitz, because betting markets “offer event contracts on lots of non-political events,” this has led to a rise in popularity. “They’ve been able to offer those contracts in states where [gambling such as] sports gambling is illegal,” he said.

Mike Hassinger, public information coordinator for Raffensperger, told the Daily Signal in an email there has been a “recent increase in popularity of [these] so-called prediction markets.”

The Role of Ethical Integrity in Elections

Hassinger also asserted that, by giving his warning, “Secretary........

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