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How did prediction markets like Polymarket get so big? | The Global Story

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How did prediction markets like Polymarket get so big? | The Global Story

What is a prediction market and why are so many people using them? On prediction markets, including Kalshi and Polymarket, people are placing sometimes huge wagers on questions ranging from the sublime (‘will Jesus Christ return by the end of the year?’) to the very serious (‘will the US invade Iran?’). Gambling is restricted across ...

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