Canadian Prime Minister Mark Carney has emerged as the unlikely contender for the Nobel Peace Prize after President Donald Trump spent a year campaigning about not receiving the award. Kalshi, a sports betting site, reported on Monday that Carney had a 14% chance to take the prize. The prime minister leads the humanitarian organization, Doctors […]
Why are we pretending that Kalshi matters? Unless there are insiders betting, which has its own separate problems
Because
prediction marketsgambling companies have a marketing strategy where they sponsor news outlets in exchange for reporting the predictions to feign legitimacy. CNN is probably the worst, but it’s everywhere.You don’t think compulsive gamblers are the best predictors of world events?
Where it is, there’s actually a ton of insiders during trading on there as well. We’ve actually had a couple of news stories break regarding it. One for Trump’s speeches, I think.
I’ll bet you $5 they are!
“C’mon Jerry, it’s a LOCK.”
https://www.youtube.com/watch?v=vYi_esAyvzU