4 ms·

How is a non-profit trade-size limited prediction market in any way a competitor for Kalshi? And predictit will have its day in court [1] where both sides will

• thecoppinger 4y ago
  > How is a non-profit trade-size limited prediction market in any way a competitor for Kalshi? Because it was one of the longest running and largest prediction markets to ever exist. > trade-size limited Kalshi is trade-size limited, too.
  • mbrubeck 4y ago
    Specifically, PredictIt limits positions to $850, while Kalshi limits them to $25,000. Which is definitely a significant difference, but still seems too small for cases like tmansour’s motivating example (“providing institutions with exposure to, or a hedge against, Brexit”). Though I guess it depends; if you bet $25,000 on a 99:1 long shot, then your position could be worth $2.5 million if it pays off. (PredictIt also limits each market to 5000 participants, while as far as I can tell Kalshi has no such limit.)