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Prediction Markets Explained: Kalshi & Polymarket's $40B Boom — Which Stocks Win?
Prediction markets are taking the financial world by storm. Kalshi and Polymarket have gone from under $1 billion in combined monthly trading volume to over $40 billion in just one year, a 30X explosion fueled by the World Cup, the NFL, elections, and even bets on AI milestones. In this episode of 7investing Live, Simon Erickson is joined by Brett Schafer and Ryan Henderson of the Chit Chat Stocks podcast to break down what this meteoric rise means for investors.We dig into how prediction markets actually work: peer-to-peer event contracts regulated by the CFTC, take rates of just 0.7-1.5%…
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