13min chapter

Wall Street Week cover image

Laser-focused on deals | Trump's negotiating style, prediction markets, methane emissions

Wall Street Week

CHAPTER

Predicting the Future: Insight into Prediction Markets

This chapter investigates prediction markets, examining their role in forecasting future events through structured betting on outcomes. It discusses their growing legitimacy, particularly in the political arena, by analyzing their accuracy in recent elections and the complexities surrounding regulatory oversight. The chapter also contrasts traditional betting with these markets, highlighting their potential for risk management and the exchange of informed opinions.

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