A New Prediction Market Lets Investors Bet Big on Almost Anything(bloomberg.com)

15 pointsby twog4 anni fa3 comments

A New Prediction Market Lets Investors Bet Big on Almost Anything

https://www.bloomberg.com/news/features/2022-05-26/kalshi-s-stock-market-of-the-world-let-s-you-bet-on-anything

3 comments

It's not exactly new? There were several general betting market in crypto, but they never got much popularity.

https://augur.net/

https://polymarket.com/

altdataseller4 anni fa

Nothing new and betting on anything is not that innovative. The problem will always be the same: there won’t be much of a market (very low # of participants) for many bets.

sorokod4 anni fa

liqudity is the technical term.

Betfair was lobbying in US for a long time to get a legal toehold and failed. I wonder what has changed.