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Those Who Know the Future Can Make Millions. How Prediction Markets Work and Where Fair Play Ends

Summary by Hospodářské Nnoviny (HN.cz)
Today, you can bet on the outcome of the US election, the decision of the central bank or the end of a TV series, just like you can bet on football. Prediction markets like Kalshi and Polymarket have grown from a marginal business into a billion-dollar business in just a few years, with Intercontinental investing in them...
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Hospodářské Nnoviny (HN.cz)Hospodářské Nnoviny (HN.cz)

Those Who Know the Future Can Make Millions. How Prediction Markets Work and Where Fair Play Ends

Today, you can bet on the outcome of the US election, the decision of the central bank or the end of a TV series, just like you can bet on football. Prediction markets like Kalshi and Polymarket have grown from a marginal business into a billion-dollar business in just a few years, with Intercontinental investing in them...

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Hospodářské Nnoviny (HN.cz) broke the news on Friday, October 16, 2026.
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