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Now you can not only vote in US Congressional elections, but bet on them, too
People began betting on which political party would win control of Congress in the November elections within minutes of a judge’s ruling allowing the bets — the only ones to be legally approved by a U.S. jurisdiction.
New York startup company Kalshi began taking what amounts to bets on the outcome of the November congressional elections after a judge refused to block them from doing so. The ruling enabled the company, at least temporarily, to offer prediction contracts — essentially yes-or-no bets — on which party will win control of the Senate and the House in November. But Raagnee Beri, an attorney for the commission, said allowing such bets could invite malicious activities designed to influence the outcome of elections and undermine already fragile public confidence in the voting process.
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