Media coverage—even when satirical or critical—serves to legitimize prediction markets by boosting public awareness, helping to normalize the concept in mainstream culture. At the same time, the difficulty some successful bettors face in distinguishing between traditional sportsbooks and exchanges underscores a broader knowledge gap, highlighting how prediction markets operate on fundamentally different principles than casual sports betting.

Henry and Chris discuss the ever evolving role of prediction markets in the financial sector and more!

Adhi is the author of "50c Dollars", the definitive Prediction Market newsletter. Find him on Twitter @eightyhi

Nobody understands the fee structure. Everybody's gonna get rich. Henry touts rap beefs from 20 years ago.