Small Bets Can Swing Election Prediction Markets

“Prediction markets are everywhere ahead of November’s midterm election, and manipulating their election contracts can be achieved with be a small investment,” CNBC reports.

“New research from the Anti-Corruption Data Collective found that moving most campaign-related prediction markets costs less than the maximum personal campaign contribution allowed under federal law: $3,500. A $3,500 bet can move 97% of midterm-related prediction markets by five cents or more, the report found.”