Prediction market platforms allow people to bet on real-world events like politics, culture, economics, war, and sports. Their defining feature is the buying and selling of contracts. They operate on ...

Farran Powell is the managing editor of investing at Forbes Advisor. She was previously the assistant managing editor of investing at U.S. News & World Report. Her work has appeared in numerous ...

Can crowds of people trading on what they believe will happen collectively predict the future? A new Tel Aviv University study of more than 1 million forecasts suggests that they often come remarkably ...

A lot of minds around the industry currently seem focused on one thing: the future. Whether it was Amir Satvat's Gamescom Dev keynote, or the plethora of industry luminaries who lined up to discuss ...

As prediction markets attract growing interest from financial institutions, investors and regulators, questions around market structure, oversight and institutional participation are becoming ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. This voice experience is generated by AI. Learn more. This voice experience is ...

There are perennial topics at the Security Traders Association’s annual market structure conference, and there are newcomers. Options, retail and buy side are among perennials. Prediction markets is ...

Sports prediction markets are federally regulated in all 50 states, but knowing the states where you can use apps like Kalshi and Polymarket is challenging for new users. That's because some states ...

Prediction markets allow people to trade on the outcomes of real-world events, from elections and earnings reports to weather and war. Supporters see them as powerful forecasting tools, while critics ...