Insight
How AI is helping retail traders exploit prediction market 'glitches' to make easy money
A fully automated bot quietly captured micro-arbitrage opportunities on short-term crypto prediction markets, netting nearly $150,000.
Prediction markets want to eat the news
Regulators noticed Polymarket and Kalshi rake in cash on sports bets. So now prediction markets are cosplaying as the future of news.
Sports Leagues Warm To Prediction Markets After Federal Backing
With federal regulators suddenly willing to defend prediction markets, major US sports leagues are quietly softening their opposition in a pivot that closely mirrors their historic, lucrative embrace of sports contracts.
What happens on prediction platforms can steer traditional markets, NYSE chief says
Prediction market outcomes are being used as inputs for how players deal with traditional financial markets, NYSE President Lynn Martin said at Mar-a-Lago on Wednesday.
TV antennas and Super Bowl rehearsals: How prediction market traders seek an edge
One prediction market trader made thousands of dollars by listening to a rehearsal of the event and correctly guessing how long Puth's rendition of the anthem would take.
States Encroach on Prediction Markets
The CFTC, the legitimate regulator of these financial instruments, backs Crypto.com in a lawsuit appeal.
Ethereum Co-Founder Vitalik Buterin Calls for Prediction Market Reset
Ethereum co-founder Vitalik Buterin criticized the current direction of prediction markets, warning that an increasing focus on short-term bets risks distorting incentives and encouraging harmful behavior.
Cardi B’s appearance during Bad Bunny’s Super Bowl halftime performance divided prediction markets
Wake up, babe, new Schrödinger’s cat just dropped: Cardi B exists in a simultaneous state of both performing at the Super Bowl Halftime Show and not performing at the Super Bowl Halftime Show … until observed settled by prediction markets. Confused yet? So were many people who placed bets — or
Prediction volume hits record off Super Bowl Sunday
Parlays boosted sportsbook margins; Kalshi faced outages amid 20-fold volume spike Americans wagered a record $1.76 billion on the Super Bowl, according to American Gaming Association projections, as a wave of first-time bettors and an explosion in parlay activity delivered a windfall for the sports-betting industry — and growing pains
Gambling Stocks Sag as Prediction Markets Steal Super Bowl Bets
The Super Bowl is supposed to be the highlight of the calendar for gambling companies. This year, though, a cloud has descended over the industry as the big game approached. The stock of Flutter Entertainment Plc, which runs one of the most popular US gambling apps, FanDuel, is on an
Wall Street Pros See Potential, Obstacles in Prediction Markets
Wall Street professionals have a broadly positive perception of prediction markets, but the nascent sector’s lack of liquidity is a key stumbling block to reaching the mainstream. Around 43% of market structure experts view prediction markets as an innovative value-add to the overall marketplace, according to a flash survey
Kalshi Fed Forecasts Are as Good as Wall Street’s, Study Says
Kalshi, the booming platform that churns out predictions on everything from the Super Bowl to US elections, is showing early promise as an accurate forecaster of Federal Reserve policy and economic data, a new study finds. When it comes to predicting interest-rate decisions, Kalshi is “roughly consistent” with professionals such
