Prediction Markets Look Like Gambling. The Data Says Otherwise
What if the most accurate forecast of any major event came not from experts or analysts but from a betting market open to anyone with an internet connection? That is exactly what is happening with platforms like Kalshi and Polymarket, which have exploded in popularity. This video explores how prediction markets work, why they have drawn millions of users wagering on everything and why they are actively being shielded from state regulators. If you have ever wondered whether crowd betting can outperform traditional forecasting, this one will shift your thinking.
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