Prediction Markets Provide ‘Rational’ Answers, Interactive Brokers Founder Says
Prediction markets have “enormous” growth potential, Thomas Peterffy, the billionaire founder of the retail brokerage ...
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How prediction markets saw something the polls and pundits didn’t
The basic theory behind prediction markets is that a lot of people with money on the line can better predict an outcome ...
Why Robinhood’s CEO thinks prediction markets are here to stay
A week before the election, the company announced that its first-ever prediction market would be for the presidential race ...
The 2024 Election’s Other Big Loser: Prediction Markets
Prediction markets, exchange-traded markets where participants can bet on the outcomes of future events, failed to provide ...
Prediction Markets Are a Thing Now
Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions ...
The future of betting markets
Polymarket and Kalshi were big winners of the election. But can they maintain their momentum until 2028?
Kalshi CEO Tarek Mansour on Prediction Markets’ Big Night: ‘We Even Overtook Pornhub’
Prediction markets like Kalshi beat pollsters in forecasting the 2024 US election. Mansour now says financial marketplaces ...
Polls showed a race in dead heat. How did prediction markets know Trump would prevail?
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 ...