NerdWallet's Smart Money Podcast

Prediction Markets Let You Bet on Just About Anything — But There Are Risks

Nov 20, 2024
Join Sam Taube, writer of the Nerdy Investor newsletter, as he dives into prediction markets like PredictIt and Polymarket. He explains how these platforms allow betting on event outcomes, navigating legal gray areas especially regarding elections. The discussion raises fascinating questions about the blurred lines between investing and gambling. Sam also shares insights into the regulatory challenges facing these markets, urging listeners to see them as entertainment rather than a sound financial strategy.
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