BETA
Chapter 1
The wisdom of crowds
Chapter 2
The digital betting arenas
Chapter 3
The accuracy test
Chapter 4
Ethics, manipulation, and the future
YOUR GOAL
Master of How the internet bets on the future
Ch 2 · The digital betting arenas
futura The digital betting arenas
Buy the yes, sell the no, let the market tell us where we go!
futura Prediction market shares trade between zero and one dollar, settling based on the final real-world outcome.
futura Kalshi became the first federally regulated exchange where Americans could legally trade event contracts.
Fun Fact
Polymarket volume: During the 2024 US election cycle, Polymarket handled over $3.6 billion in total trading volume.
Glossary
prediction market (noun)
A speculative market where individuals trade contracts based on the outcomes of future events. In 2020, Shayne Coplan founded Polymarket, which became the world's largest online platform for event forecasting.
A speculative market where individuals trade contracts based on the outcomes of future events. In 2020, Shayne Coplan founded Polymarket, which became the world's largest online platform for event forecasting.
Quiz
Which platform became the first CFTC-regulated exchange for event contracts in the US?