Prediction markets on elections are surging and could influence outcomes

Prediction markets like Kalshi and Polymarket are growing, and wagers on politics and the midterms are surging on these platforms.

Here & Now’s Scott Tong talks with Michael Hornsby, co-director of the Anti-Corruption Data Collective, about problems with insider trading, other corruption, interpreting markets as political polls, and how this could influence elections.

This segment aired on October 5, 2026.