You Can Bet on Everything Now. What Could Go Wrong?
Gambling is infiltrating American life. Ads for online sportsbooks are everywhere. Prediction markets – which are not legally considered gambling – now allow betting on everything from the unemployment numbers, to the war in Iran, to how many times Elon Musk will tweet this week. Lots of news outlets are getting in on the action: CNN, CNBC, the AP, and others are partnering with prediction markets to use their stats in coverage. What could go wrong?
On today’s show, we’re joined by three journalists who cover gambling and prediction markets to answer that question…
The skinny
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