prediction markets

Opinion: The immorality of betting on war

Traders on prediction markets bet on nearly anything. One made more than half a million dollars betting on the U.S. strike against Iran. But should people wager on human suffering?

The Kalshi and Polymarket CEO feud: They hate each other

The 20-something billionaires who run Kalshi and Polymarket are battling it out to be the top prediction market company. Observers and former insiders say the feud is just heating up.

Prediction market trader ‘Magamyman’ made $553,000 on death of Iran’s supreme leader

It's the latest trade drawing scrutiny on the popular prediction market site for appearing to show an insider making profits on military secrets.

Kalshi reveals insider trading case against editor for MrBeast

With prediction markets booming, so have concerns about insider trading. Now, Kalshi has disclosed its first public actions against accounts suspected of trading on confidential information.

TV antennas and Super Bowl rehearsals: How prediction market traders seek an edge

As prediction markets boom, competition is heating up. So traders go the extra mile for a fraction-of-a-second advantage or to sleuth out information nobody else has. It can lead to a huge payday.

Kalshi in court over 19 federal lawsuits. What’s the future of prediction markets?

Apps that let people wager on current events have experienced explosive growth in Trump's second term. But one of the leading markets is tied up in lawsuits that cloud the industry's future.

They quit their day jobs to bet on current events. A look inside the prediction market mania

Prediction market apps are thriving in Trump's second term, with traders betting on migrant deportations to election outcomes. A community of young, mostly male and very online traders are driving the industry's bonanza.

A $400,000 profit on Maduro’s capture raises insider trading questions on Polymarket

Online sleuths have tried to uncover who placed a winning bet on the Venezuelan leader's arrest to no avail. Still, prediction market watchers say the bet appears suspicious.