A Karshi billboard showing odds for the 2024 U.S. presidential election is located across from the Nasdaq market site in New York, U.S., on Wednesday, Nov. 6, 2024.
Michael Nagle | Bloomberg | Getty Images
Prediction market platform Karshi is launching a new hub where political enthusiasts can see how traders with a number of event contracts are predicting how the midterm elections will play out.
Carsi’s “Midterm Elections Hub” will allow observers to see what outcomes speculators are expecting in the individual U.S. Senate and House of Representatives, based on the latest odds for each market and national map.
The hub also displays voting averages so viewers can see how prediction market odds compare to what voter demographic surveys show. The latest Federal Election Commission fundraising reports for individual candidates. Curated news and analysis from a variety of outlets.
The platform is aimed at people who are seeking insights from Karshi’s data, but not necessarily for trading purposes. Kalsi said about three-quarters of all visitors to the platform do not trade on a contract basis, but only search to find the current odds.
Tarek Mansour, co-founder and CEO of Karshi, speaks on CNBC’s Squawk Box on June 24, 2026.
CNBC
Karshi CEO Tarek Mansour said in a statement that prediction markets have a unique perspective and are less susceptible to political bias.
“They break down the polarization and show us what the wisdom of the crowd actually believes, backed by real money rather than rhetoric,” said Mansour, an MIT graduate, former trader at Citadel, and analyst at Goldman Sachs. “That kind of clarity is rare right now, and that’s what people are getting in the midterm election hub.”
The launch of the political hub is Kalushi’s latest move to increase his political presence ahead of November’s midterm elections. In May, the platform introduced the American Power Index, dubbed the S&P 500, for politics to track which political parties are rising and which are falling.
It also comes as observers believe prediction market volume is likely to surge again during the midterm election season, as happened during the 2024 presidential election. More than $30 million has already been traded in contracts that affect which party wins the House and Senate in 2026.
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