The Rise of Prediction Markets

2 months ago 15

Motley Fool Staff, The Motley Fool

Mon, Apr 28, 2025, 10:03 AM 47 min read

This occurrence offers 2 looks astatine prediction markets. In the archetypal fractional of the show, Kalshi CEO Tarek Mansour joins Motley Fool big Ricky Mulvey to discuss:

  • What helium learned astir Kalshi from this past election.

  • The quality betwixt an events declaration and gambling.

  • How prediction markets could disrupt sports betting.

Then, New York Magazine features writer Jen Wieczner joins Motley Fool big Mary Long to sermon her reporting connected the billion-dollar betting level Polymarket, and its ineligible challenges successful the United States.

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A afloat transcript is below.

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*Stock Advisor returns arsenic of April 28, 2025

This video was recorded connected April 26, 2025

Tarek Mansour: But the important happening present is that these prediction markets are not a crystal ball, they're not almighty. But they're arsenic adjacent arsenic it gets. They're the champion mode to forecast the aboriginal due to the fact that of this tegument successful the crippled aspect. People don't prevarication erstwhile their wealth is involved.

Ricky Mulvey: I'm Ricky Mulvey, and that's Kalshi CEO and co-founder Tarek Mansour. On today's show, we're taking 2 looks astatine prediction markets, 1 from a person successful the industry, and different from a writer telling its story. In the archetypal part, Mansour spoke with maine astir however prediction markets tin disagree from gambling, and his level is simply a root of truth.

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