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You are correct, but you say this like the prediction markets are open about this fact. They aren't and if you ask them they will deny this.
by mikeweiss 5mo ago
You are correct, but you say this like the prediction markets are open about this fact. They aren't and if you ask them they will deny this.
- hoten 5mo agoI think they are open about it. John Oliver did a piece on it last month and I recall an interview where the founder of one of these prediction markets shared this as a beneficial effect of the product.
- mikeweiss 5mo agoI once asked in Kalshi subreddit if insider trading was the entire point and my post was removed by the mods..
- wallst07 5mo agoThat [getting banned] doesn't tell you anything really, they probably just thought you were a troll. I get banned from subs sometimes by just asking a opposing question.
- mikeweiss 5mo agoThey literally have a marketing page about how they are "different" https://kalshi.com/policy-center/insider-trading https://kalshi.com/policy-center/insider-trading