The platforms have grown in popularity recently.

The rapidly growing popularity of prediction markets is sparking worries about the markets’ effects on US politics, where campaign staff has bet on its candidate’s electoral performance.

Discover the key differences between prediction markets and sports betting and learn how to get the most out of sites like Kalshi and Robinhood. Regulated sportsbooks in the United States have ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. An adult man at home, deeply focused on his smartphone, participates in the thrill ...

Prediction-market platform Kalshi recently unveiled a swath of “market integrity” updates that all relate to one thing: stopping illegal trading by insiders. The updates include things like risk ...

The bot exploited fleeting moments when “Yes” and “No” contracts briefly summed to less than $1, locking in roughly 1.5%–3% per trade across 8,894 executions. With typical five-minute crypto ...

Prediction markets may grow in the years ahead. Here's the lowdown on how they work, their legal and tax status, and the risks of betting in them. Many, or all, of the products featured on this page ...