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EconomyLongshots with a 2% chance dominate trading on Kalshi and Polymarket

Prediction markets promote themselves as “truth machines,” but trading data points to many casino-like wagers, with longshots that lose 98% of the time dominating activity.

prediction marketsKalshiPolymarkettrading

BBloomberg News★★☆☆☆2026-10-07 21:03Original

Longshots with a 2% chance dominate trading on Kalshi and Polymarket
Longshots with a 2% chance dominate trading on Kalshi and PolymarketEconomy