Comment on Don’t Bet on the Financial Scam of Easily Manipulated Political Prediction Markets

Don’t Bet on the Financial Scam of Easily Manipulated Political Prediction Markets

Political and business media, pundits, and experts continue to cite prediction market odds as a credible forecast for the upcoming presidential election, regularly pointing to betting odds on prediction markets such as Polymarket, Kalshi, PredictIt, and Interactive Brokers as a guide to who is up and down in the horse race – but that is a big mistake.

 

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