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Just 0.1% of prediction-market bettors win 70% of the profits

PUBLIC DEFENDER By Brian Livingston You may think you can make easy money by betting on sports and political events in so-called prediction markets such as Polymarket and Kalshi. I’d bet that you’d lose your shirt. If bettors believe there’s a 75 percent chance that interest rates will rise, for instance, you can bet 75 […]
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