Investing
Add as a preferred source on GoogleKalshi’s election category showed AlexanderHam in sixth place on Nov. 2.
On Nov. 2, AlexanderHam ranked sixth in Kalshi’s election category, and the account’s owner, Douglas Campbell, had more than $800,000 in cumulative profits on the platform.
Kalshi says a contract that resolves in a trader’s favor is valued at $1. The company’s risk disclosure says users can lose the amount they paid, including fees.
The Series G round values the company at $40 billion and will fund institutional growth, overseas expansion and new financial and computing products.
The reading was recorded at 8:41 a.m. ET Monday, one day before congressional elections scheduled for Nov. 3.
Kalshi prices put a 71% probability on a 4%-4.25% Federal Reserve target range at the Dec. 9 meeting. The same range leads prices for January, while March outcomes are more closely divided.
