Dive deep into the fascinating world of prediction markets, a tool that harnesses the collective intelligence of people to ...

CEO Jason Robins said he is still weighing the pros and cons of dipping a toe into prediction markets, which give people a ...

Novig secures $18M in funding to expand sports markets, launch new features, and enhance its peer-to-peer prediction platform ...

Kalshi allows users to buy and sell contracts, most of which are priced between 1 cent and $1, based on how likely people think an outcome is. Traders buy “yes” or “no” positions, and then when the ...

Forecast contracts can be a low-cost way to express well-researched probability views, but without disciplined sizing, ...

The prediction markets first captured the general public’s imagination during the 2004 presidential election, when it was discovered that an obscure futures market called Iowa Electronic Markets ...

The landscape of American prediction markets faces fresh uncertainty following a Maryland federal court’s rejection of Kalshi ...

FORT LAUDERDALE, Fla. – Prediction markets are in the midst of what could be a multi-year legal and regulatory battle. The scope of their event contract poses an even greater potential change to ...

“Prediction markets are going to be a very big business,” said William R. Hambrecht, an early investor in Silicon Valley companies like Apple and Adobe and a major investor in Aristotle, the ...

The PredictIt prediction market has made a slightly larger adjustment, from $0.48 to $0.59 (or a 59% chance of a Trump victory), while Polymarket is up a bit more, from $0.50 to $0.64.

Prediction markets passed a closely watched test by correctly forecasting that Donald Trump would win the election. Their future is more difficult to predict. History shows that prediction markets ...