Kalshi Gets 479 Out of 487 – Does It Mean Prediction Markets Get It Right?

The midterms are over, and Kalshi has plenty to show for it- the platform said that 479 out of 487 predictions by traders on its platforms were correct – and they were correct even prior to any votes being cast, once again demonstrating these platforms’ ability to call future outcomes and highlighting the danger of third-parties abusing the information for their own gain. Prediction Markets Tend to Get It Right – and Wrong However, there is an important caveat when talking about prediction market results at face value. The platforms are often wrong. Take Polymarket, for example.