Prediction markets have “enormous” growth potential, Thomas Peterffy, the billionaire founder of the retail brokerage ...
Prediction markets, exchange-traded markets where participants can bet on the outcomes of future events, failed to provide ...
A week before the election, the company announced that its first-ever prediction market would be for the presidential race ...
The basic theory behind prediction markets is that a lot of people with money on the line can better predict an outcome ...
Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions ...
Polymarket and Kalshi were big winners of the election. But can they maintain their momentum until 2028?
Prediction markets like Kalshi beat pollsters in forecasting the 2024 US election. Mansour now says financial marketplaces ...
The public opinion polls said Tuesday’s presidential election would be a nailbiter. But it looked a lot different at online prediction markets where people bet real money on the outcome. Markets ...
As Trump’s odds surged on so-called prediction markets near the end of the race, platforms like Kalshi and Polymarket ...