Everything is gambling now: the latest news on prediction markets like Polymarket and Kalshi

Prediction markets will let you bet on just about anything, from how many tweets Elon Musk will post this week to the next president of the United States, with predictions sometimes showing shockingly (or suspiciously) spot-on accuracy. Polymarket’s CEO Shayne Copland has even claimed that prediction markets are “the most accurate thing we have as mankind right now.”

However, these platforms blur the lines — in terms of both function and regulation — between gambling and stock trading.