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Prediction market bettors are the new political pundits. Why are we listening to them? | Judith Levine

Sites like Kalshi and Polymarket offer faux populism as elites reap the benefits – and voters risk being misled Online betting is a bit like Donald Trump. The prediction markets – platforms where users bet on whether events will occur – pretend to be populist, pushing the nabobs aside and representing the “wisdom of the crowd”. “This data is bottom-up, not elites-driven,” a Kalshi ​spokesperson told Reuters . But…

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Prediction market bettors are the new political pundits. Why are we listening to them? | Judith Levine
ছবি: The Guardian Business

খবরের সারাংশ

Sites like Kalshi and Polymarket offer faux populism as elites reap the benefits – and voters risk being misled Online betting is a bit like Donald Trump. The prediction markets – platforms where users bet on whether events will occur – pretend to be populist, pushing the nabobs aside and representing the “wisdom of the crowd”. “This data is bottom-up, not elites-driven,” a Kalshi ​spokesperson told Reuters . But…

বিশ্বস্ত প্রকাশকদের সংক্ষিপ্ত সারাংশসহ সর্বশেষ খবর পড়ুন। বিস্তারিত জানতে মূল উৎসের লিংক খুলুন।

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