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We're willing to bet that there's a 92% chance that Prediction Markets are a pyramid scheme!

Prediction markets like Kalshi and Polymarket are EVERYWHERE. Are the the future of democracy powered by collective wisdom? OR just another product of the 30 under 30 grift factory?

Thanks to our sponsor Orange Marketing

You should hire Jennifer Tisdale!

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Timestamps:

00:00 - An orgy at a SF Area tech convention?? WHO COULD HAVE GUESSED!!!

11:30 - BREAKING NEWS: A group of isolated white 20 something men with a high risk appetite have it all figured out!

21:00 - It's not called insider trading, it's called "having an edge"

35:00 - Do you like my new app? I designed it on the toilet

53:00 - Good News: Meta on trial

Links:

Resources for problem gambling

The Wager That Betting Can Change the World

The CEOs of Kalshi and Polymarket Are Betting On the Most Hated Experiment in Business

They quit their day jobs to bet on current events. A look inside the prediction market mania

Polymarket shouldn't allow people to profit by betting on the L.A. firestorm

On Polymarket, 'privileged' users made millions betting on war strikes and diplomatic strategy. What did they know beforehand?

America's financial markets are ready for a golden age

Email our good news correspondant with tips: [email protected]

Good News: Social media companies face legal reckoning over mental health harms to children