Betting on Predictions
Wall Street is exploring event contracts, a new way to bet on various outcomes, from interest rate changes to cultural events. While some see this as a form of gambling, others argue that people should have the freedom to engage in such activities. The rise of platforms like Kalchi, backed by major market makers, signals a shift in how predictions and bets are made, highlighting the need for awareness of the risks involved in this frictionless gambling landscape.In this clip
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ByteDance’s Blowout Profit, Kalshi & Events Betting, and Dude Perfect’s Big Deal | Prof G Markets
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