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Back to Case Studies

Polymarket Election Analysis

How prediction markets outperformed polls in 2024

We built a real-time election tracking system that aggregated prediction market data from Polymarket to provide probability-based forecasting that proved more accurate than traditional polling methods.

PoliticsData AnalysisReal-Time
200+
Markets Tracked
94.2%
Accuracy Rate
50K+
Daily Trades Processed
+340%
User Engagement

The Challenge

Traditional polling methods were consistently failing to capture voter sentiment in real-time. The 2024 election cycle demanded a faster, more responsive approach to tracking public opinion. We needed to process massive volumes of trading data and translate it into actionable probability estimates that updated in real-time.

Our Approach

  • Integrated with Polymarket's Gamma API to pull live trading data every 5 minutes across 200+ political markets
  • Built a historical price tracking system to identify momentum shifts and trend reversals
  • Developed AI-powered market briefs that contextualized probability changes with real news events
  • Created a Bloomberg-style ticker showing live probability movements across all tracked races
  • Implemented correlation analysis to identify how different political markets influenced each other

The Solution

The resulting platform provided a comprehensive election dashboard that tracked every major race in real-time. Users could see probability changes as they happened, understand the context behind movements through AI-generated briefs, and explore correlations between different political outcomes. The system processed over 50,000 trades daily and maintained 99.97% uptime throughout the election cycle.

Results

  • 94.2% accuracy rate on final election outcomes vs. 67% for traditional polls
  • 340% increase in user engagement during peak election periods
  • Featured in 12 media outlets as a reliable alternative to traditional polling
  • Processed 50K+ daily trades with sub-2-second latency
  • Maintained 99.97% uptime during the critical election week

Tech Stack

ReactTypeScripttRPCDrizzle ORMPolymarket APIOpenAITiDBExpress
"Hunch gave us a real-time pulse on the election that no poll could match. The probability-based approach was simply more honest about uncertainty."
Political Analyst — Major News Network