Why Investors Are Placing Bets on Wildfires, Wars, and Elections
Betting on the outcome of future events soared during the 2024 presidential election, when prediction markets correctly forecasted Donald Trump’s victory. Now these platforms are offering buzzy, ripped-from-the-headlines contracts to keep investors enticed. Wall Street Journal reporter Alexander Osipovich joins host Ariana Aspuru to discuss how prediction markets work and why they’re testing the boundaries of what they can get away with.
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Betting on the outcome of future events soared during the 2024 presidential election, when prediction markets correctly forecasted Donald Trump’s victory. Now these platforms are offering buzzy, ripped-from-the-headlines contracts to keep investors enticed. Wall Street Journal reporter Alexander Osipovich joins host Ariana Aspuru to discuss how prediction markets work and why they’re testing the boundaries of what they can get away with.
Sign up for the WSJ's free Markets A.M. newsletter.
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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