On Kalshi, people have placed bets on everything from football games to foreign affairs. The prediction market’s CEO, Tarek Mansour, says this doesn’t count as gambling—and is actually good for ...

Prediction market platforms such as Polymarket and Kalshi that enable users to bet on real life events faced backlash after lucrative bets allowed people to put down money on Iran air strikes, regime ...

The Associated Press today announced that it will provide its U.S. elections results to Kalshi, the world’s largest prediction market. AP will provide Kalshi with its vote count data and race calls ...

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Traders on the prediction market Kalshi sent the implied odds of Iran closing the Strait of Hormuz before 2027 sharply higher after U.S. and Israeli strikes killed Ayatollah Ali Khamenei, Iran's ...

Polymarket recorded a single-day notional trading volume of $478 million, with the politics category alone accounting for $220 million, nearly half of total daily activity. Elsewhere, rival prediction ...

It’s Lakers vs. Warriors on Saturday night, a showdown of two Western Conference rivals who are eyeing a push to the postseason. Los Angeles holds down the 6th spot in the conference standings, while ...

It’s Virginia vs. Duke on Saturday, a meeting of two ranked ACC squads that are poised to be huge parts of the March Madness conversation. The Cavaliers were 11th in the latest AP Top 25 rankings, ...

After registering, new users only need to trade a total of $10 to be eligible for the bonus, this $10 does not need to be used on a single contract. From college basketball spreads to other sports and ...

Is the US government about to confirm that aliens are real? That’s the claim floating around among those who believe in prediction markets as reliable soothsayers of the future, a promise that ...

Even tax nerds are stumped by prediction markets. Take Alan Cole. The 37-year-old senior economist at the right-leaning Tax Foundation told the Wall Street Journal that he used Kalshi to bet much of ...

Prediction markets are exploding in popularity as people rush to bet on real-world events, from sports to elections to celebrity behavior. The platforms, however, have also tempted individuals to make ...