Longshots Losing 98% of Time Dominate Kalshi, Polymarket Trading
Prediction markets tout themselves as “truth machines,” but trading data shows a lot of casino-like bets.
Read the full story at Bloomberg Markets ↗
ImpactNotable 35/100
Why it mattersRule-based estimate: no strong signals; trust 9/10.
RegionsGlobal
Published3 h ago (Wed, 07 Oct 2026 21:00:06 GMT)
RetrievedWed, 07 Oct 2026 23:00:14 GMT via rss
ClassifiedWed, 07 Oct 2026 23:00:26 GMT by heuristic
AuthorCarolyn Silverman and Denitsa Tsekova