Is Opinion Trading Gambling? A Question Of Survival For Probo & Co
Summary by Inc42 Media
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Is Opinion Trading Gambling? A Question Of Survival For Probo & Co
In early 2024, as the IPL was underway and the country edged closer to the General Elections, a new breed of gaming apps surged in popularity, urging Indians to stake money on their opinions. Leading this pack was Probo, a platform that let users trade opinions on real-world outcomes — everything from “Will Rohit Sharma score a century?” to “Will this candidate win this seat?” The model was simple: Get users to trade on the binary outcomes of f…
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