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The Rise of Prediction Markets

The Rise of Prediction Markets

This past presidential election was the first where Americans could legally bet on the outcome. That event proved prediction markets to be a source of truth.

Motley Fool Money

April 26, 202547m 35s

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Show Notes

This past presidential election was the first where Americans could legally bet on the outcome. That event proved prediction markets to be a source of truth.


This episode offers two looks at prediction markets. In the first half of the show, Kalshi CEO Tarek Mansour joins Ricky Mulvey to discuss:


- What he learned about Kalshi from this past election.

- The difference between an events contract and gambling.

- How prediction markets could disrupt sports betting.


Then, New York Magazine Features writer, Jen Wieczner, joins Mary Long to discuss her reporting on the billion-dollar betting platform Polymarket, and its legal challenges in the United States.



Read Wieczner’s piece on Polymarket here: https://nymag.com/intelligencer/article/is-polymarket-legal-politics-betting-shayne-coplan.html


Company discussed: HOOD


Hosts: Mary Long, Ricky Mulvey

Guests: Tarek Mansour, Jen Wieczner

Engineers: Rick Engdahl, Dan Boyd


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