Longshots Losing 98% of Time Dominate Kalshi, Polymarket Trading
Bettors on Polymarket and Kalshi often make longshot wagers, with around half of all trading volume on Kalshi involving potential returns of at least 1,000%. These longshot bets have resulted in significant losses for bettors, with money staked on…
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ImpactNotable 35/100
Why it mattersRule-based estimate: no strong signals; trust 9/10.
RegionsGlobal
Published4 h ago (Thu, 08 Oct 2026 16:22:22 GMT)
RetrievedThu, 08 Oct 2026 17:00:21 GMT via rss
ClassifiedThu, 08 Oct 2026 17:00:40 GMT by heuristic