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Scraped on 26/06/2025, 17:29:23 UTC
I have only recently heard of Polymarket, so I am surprised to hear there is a US-licensed version already. What even are prediction markets? They seem like some kind of soon-to-fade fad to me. How can they possibly predict anything? Sounds like false advertising to me.

They way they work is basically setting up a yes or no poll on whether an event will happen. People vote yes or no and at the same time, make their bet?

Where does the prediction part come in?  Roll Eyes

Original archived Re: Kalshi, polymarket's rival?
Scraped on 26/06/2025, 17:24:38 UTC
I have only recently heard of Polymarket, so I am surprised to hear there is a US-licensed version already. What even are prediction markets? They seem like some kind of soon-to-fade fad to me. How can they possibly predict anything? Sounds like false advertising to me.

They way they work is basically setting up a yes or no poll on whether an event will happen. People vote yes or no and at the same time, make their bet?

Where does the prediction part come in?