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Prediction markets have a major problem as most Americans reject betting on elections

Prediction markets want you to see them (and use them) as one of the best possible instruments for finding out what’s happening in the world. Open any election market, and you’re immediately given a probability that shifts in real time as people trade. It’s a single number, easy to check in a few seconds, that…

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Prediction markets have a major problem as most Americans reject betting on elections
Picha: CryptoSlate

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Prediction markets want you to see them (and use them) as one of the best possible instruments for finding out what’s happening in the world. Open any election market, and you’re immediately given a probability that shifts in real time as people trade. It’s a single number, easy to check in a few seconds, that…

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