From temperature manipulation to military insider trading, last week felt like a jump-the-shark moment.

Prediction markets could trade a trillion dollars in volume annually by the end of this decade, according to Eilers & Krejcik. Sports is fueling the growth and is forecasted to make up 44% of volume ...

Discover the key differences between prediction markets and sports betting and learn how to get the most out of sites like Kalshi and Robinhood. Regulated sportsbooks in the United States have ...

The gambling industry has been actively voicing its concern about the encroachment of prediction markets on sports betting. Critics say prediction markets are little more but sports betting with some ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. An adult man at home, deeply focused on his smartphone, participates in the thrill ...

Prediction markets are built on a simple promise - if people can freely trade on outcomes, the market will aggregate ...

Prediction markets may grow in the years ahead. Here's the lowdown on how they work, their legal and tax status, and the risks of betting in them. Many, or all, of the products featured on this page ...

A fully automated trading bot executed 8,894 trades on short-term crypto prediction contracts and reportedly generated nearly $150,000 without human intervention. The strategy, described in a recent ...