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Betting on Politics and Financial Futures
This chapter explores the burgeoning nexus of sports betting and predictive markets, particularly in relation to the upcoming US presidential election. It examines the impact of major players, or 'whales,' on market predictions and dives into the evolving landscape of speculative trading, including platforms like Polymarket and Robinhood's strategic shifts. Additionally, the chapter emphasizes the importance of transparency in consumer rights and regulatory compliance amidst the financial struggles facing companies like Boeing.