Prediction markets have a lot riding on the blue wave
Headline from Axios · First reported · Updated · 2 sources, 2 articles
What's being reported
Prediction markets like Kalshi and Polymarket officially don't care which side of a bet wins. There is no "house." They get their cut either way. It's a business model that's attracted billions of VC dollars. Yes, but: Kalshi and Polymarket should be pulling hard for Democrats in today's midterm…
Summary from Axios. Read every outlet's version below.Same story, different headlines
Prediction markets have a lot riding on the blue wave
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Prediction markets have a lot riding on the blue wave
Prediction markets like Kalshi and Polymarket officially don't care which side of a bet wins. There is no "house." They get their cut either way. It's a business model that's attracted billions of VC dollars. Yes, but: Kalshi and Polymarket should be pulling hard for Democrats in today's midterm…
Prediction market bettors are the new political pundits. Why are we listening to them? | Judith Levine
Sites like Kalshi and Polymarket offer faux populism as elites reap the benefits – and voters risk being misled Online betting is a bit like Donald Trump. The prediction markets – platforms where users bet on whether events will occur – pretend to be populist, pushing the nabobs aside and…
