Home ENGLISH ARTICLES Republicans have over 70% chance of winning Senate in midterm elections, betting markets say

Republicans have over 70% chance of winning Senate in midterm elections, betting markets say

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Can Democrats keep their grip on the U.S. Senate? MARKETWATCH PHOTO ILLUSTRATION/ISTOCKPHOTO

Republicans have over 70% chance of winning Senate in midterm elections, betting markets say

Throughout August and September, Democrats had edge over GOP in battle for U.S. Senate


The Republican Party’s prospects in today’s midterm elections have been continuing to climb this fall, with betting market PredictIt now giving the GOP a more than 70% chance for taking control of the U.S. Senate away from Democrats.

Republicans reached a 76% chance of winning the Senate last Thursday and were at 74% as of Monday, according to PredictIt data.

Democrats had been enjoying an edge over the GOP throughout August and September, but that advantage went away in the second week of October.

“Broadly speaking, Democrats’ momentum from the summer has largely leveled off, with voters increasingly focused on Republican issues such as the economy, inflation, and crime, at the expense of Democrats’ agenda items, including Roe and guns, according to recent polls,” said Benjamin Salisbury, director of research at Height Capital Markets, in a recent note

 

 

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