Prediction Markets vs. Sports Betting: Which Industry Wins the Next Decade?
For the past decade, sports betting has been the fastest-growing gambling industry in the United States. Since legalization spread state-by-state after the 2018 Supreme Court ruling, sportsbooks like DraftKings and FanDuel have handled hundreds of…
Nearly $8M Wagered on Alien Confirmation Before 2027 as Odds Jump to 16%
While Congress debates budgets and sportsbooks argue over player props… Prediction markets are quietly pricing first contact. On Polymarket, the question: “Will the US confirm that aliens exist before 2027?” Current price: 16%24H move: +8%Total volume:…
February Betting App Download Race: Kalshi Runs Away With It (and It’s Not Close)
If you needed a reminder that Super Bowl marketing season is basically a mini stimulus package, here you go. The top betting (and betting-adjacent) apps are putting up monster download numbers in February so far, and while downloads aren’t the same as…
Prediction Markets Disrupt Big Gambling as Sportsbook Giants Lose Ground
Ah yes, the sweet irony of markets doing what markets do best: Humbling billion-dollar empires at the worst possible moment. Shares of DraftKings and Flutter Entertainment (parent company of FanDuel) have been hit hard after whispers grew louder that…
Market Signal: Prediction Markets Are Pricing in a Historic Shift in Iran
A significant development is underway in the prediction markets on Polymarket. While traditional news headlines catch up, the "wisdom of the crowd", backed by millions of dollars in volume, is rapidly pricing in a series of cascading events involving…
The Heisman’s Real Voters Are on Kalshi and Polymarket This Year
Welcome to the 2025 Heisman race, where the sportsbooks don’t matter, the media doesn’t matter, and the voters don’t matter, because Kalshi and Polymarket have already reduced the entire award to a two-man duel decided by one football game on Saturday.…
2026 Midterms: Prediction Markets Smell a Dem Sweep
If the political class is confused about 2026, don’t worry, the prediction markets have already decided what’s going to happen, how it’s going to happen, and how much they’re willing to lose betting on it. Kalshi and Polymarket traders have been grinding…
2028 Election Prediction Markets Data
Kalshi and Polymarket traders continue to out-dramatic cable news, and with actual numbers. If you thought the last election cycle was chaotic, congratulations, prediction markets have decided to turn 2028 into a long-running dark comedy. Let’s check in…
Polymarket Rockets to Top of the App Charts with U.S. Launch Hype
If you felt your phone vibrate this week, it might have been Polymarket elbowing its way back into American hands. The prediction market platform just hit number one in the Apple App Store’s Sports category. Number one. Before a full U.S. reopening.…
DraftKings To Bring Prediction Markets to ESPN
The Penn Entertainment–ESPN partnership, once pitched as a potential 10-year, $2 billion powerhouse, is now ending early. What used to be ESPN Bet has already been rebranded as theScore Bet, as Penn retreats back to the brand it actually understands.…
Prediction Market Update: Kalshi on Top, Polymarket #2, Volume Dips
Another week, another data drop that proves prediction markets are still the most entertaining mix of finance, gambling, and "I read one chart so now I am Nate Silver." Let’s dive into the numbers from the past week. Transactions: Kalshi and Polymarket…
Polymarket’s Billionaire CEO Hits 60 Minutes, Prediction Markets Go Mainstream
Prediction markets just got their “prime time” moment, and no, it wasn’t because Kalshi decided to list a market on supervolcano eruptions (we covered that circus already). This time, the spotlight goes to Polymarket CEO Shayne Coplan, who just landed a…