56. Why Is “I Don’t Know” So Hard to Say?

56. Why Is “I Don’t Know” So Hard to Say?

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688. When Is a Bet Not a Bet?

That’s the question at the heart of a battle between Kalshi and state gambling regulators. As prediction markets boom, there are other questions, too — about insider trading, market manipulation, and whether the public has turned against them. (Part two of a two-part series.) SOU ...  Show more

687. Are Prediction Markets the Best Forecasting Tool Ever — or Just Another Casino?

The promise is that they can beat the experts at predicting inflation, elections, and FDA approvals. But right now, roughly 90 percent of the action is sports. Is this a future we want to bet on? Stephen Dubner speaks with, among others, the C.E.O. of Kalshi. (Part one of a two-p ...  Show more

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