WSJ Investigation: Almost Everyone Loses on Prediction Markets — Except a Small Group of Pros
A Wall Street Journal investigation found that 67% of profits on Polymarket go to just 0.1% of accounts, while more ...
Tag: Polymarket
Minnesota’s Senate Just Voted 56-10 to Ban Prediction Markets — What Kalshi and Polymarket Users in the State Need to Know
The Minnesota Senate passed a bipartisan 56-10 vote to ban prediction market wagers on sports, weather, pop culture, war, and ...
The Coalition for Prediction Markets Just Asked the CFTC to Redefine “Gaming” — Here’s Why It Matters
The Coalition for Prediction Markets — including Coinbase, Kalshi, and Robinhood — filed a formal letter asking the CFTC to ...
Why Kalshi and Polymarket Are Sitting Out the Kentucky Derby
Prediction markets will let you bet on elections, Fed rate decisions, and the Super Bowl — but when it comes ...
US Senate Bans Members From Betting on Prediction Markets — What It Means for Regular Bettors
The Senate unanimously banned its own members from trading on Kalshi and Polymarket after a string of insider trading scandals. ...
Sports Leagues and Players Unions Are Asking the CFTC to Regulate Prediction Markets — What That Means for Bettors
The NFLPA, MLBPA, NBPA, NHLPA, and MLSPA have formally asked the CFTC to impose new rules on prediction markets. If ...
Iowa’s Predict-and-Tax Approach Just Advanced in the House — What SF 2470’s Progress Means for Bettors
Iowa's Senate File 2470 cleared a House subcommittee, keeping alive the only state-level bill designed to regulate and tax prediction ...
Ohio Just Moved to License Prediction Markets Like Sports Betting — Here’s What SB 430 Means for Bettors
Ohio Senator Bill DeMora filed SB 430, which would require Kalshi, Robinhood, and Polymarket to obtain state licenses and pay ...
Trump Did a 180 on Prediction Markets in 48 Hours — Here’s What It Means for Sports Bettors
Trump told reporters prediction markets are what smart people like and the US can't fall behind — reversing sharp criticism ...
Kalshi Just Had Its Biggest Week Ever — $3.4 Billion, and Sports Drove 88% of It
Kalshi hit a $3.4 billion weekly all-time high for the week ending April 26, with sports markets alone generating more ...
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