Betting firms are favoring Republicans to take control of both chambers of Congress with less than two weeks to go before the 2022 midterms.
UK-based betting company Smarkets has the Republican Party favored to take control of the Senate with 63.69 percent, as compared with Democrats’ 36.23 percent. The GOP is favored to win the House at 89.29 percent, compared with the Democrats’ 10.87 percent.
Currently, the GOP only needs to take five seats to regain the House, while the Senate is currently 50–50 with Vice President Kamala Harris serving as a tie-breaker for Democrats. Historical trends say the party of the president tends to lose seats during midterm elections….