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Do Prediction Markets Really Work?

Summary by Her Campus
The first time I heard about prediction markets was when my one of my favourite sports team became the first U.S. pro team to partner with the second biggest market, Kalshi. I saw a lot of people complaining about the deal and how unethical it was, and given how pervasive gambling already is in sports, I knew it had to be something interesting. I did nearly get Kalshi to see how it worked, but I quickly found out that it’s banned in Canada, whic…
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Her Campus broke the news in on Friday, January 30, 2026.
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