Prediction markets like Kalshi, which some liken to legalized gambling, allow investors to bet on reality. Here’s how they work and why they’re so controversial.

Prediction markets have exploded in popularity, with platforms like Polymarket and Kalshi processing billions in trades on everything. From elections to Federal Reserve decisions. But beneath the ...

Prediction markets such as Polymarket and Kalshi let users win money by correctly guessing the outcome of practically any event.

Ahead of the Super Bowl, 21-year-old Caden Booth of Cincinnati was looking for "alpha." That's finance slang for finding a competitive edge. With the rise of prediction markets allowing people to bet ...

Ask Logan Sudeith how many bets he places in a week and he’ll laugh. It’s a comical line of questioning for the 25-year-old former financial risk analyst, who estimates he clocks about 100 hours a ...

A fully automated trading bot executed 8,894 trades on short-term crypto prediction contracts and reportedly generated nearly $150,000 without human intervention. The strategy, described in a recent ...

Learn how prediction markets work, compare top platforms like Kalshi and Polymarket, and understand the regulatory shifts ...

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Throughout history, people have put their money on the uncertain outcomes of all kinds of events. In ancient Rome, for instance, people placed wagers on gladiator matches, chariot races, military ...