Prediction markets, where users can place bets on real-world outcomes in anything from sports and award shows to elections, interest rate decisions, and even military operations, have become a multi-billion-dollar industry in just a few years. Along the way, they have also become the focus of growing concern that some participants are using privileged information to profit.
Prediction markets, where users can place bets on real-world outcomes in anything from sports and award shows to elections, interest rate decisions, and even military operations, have become a multi-billion-dollar industry in just a few years. Along the way, they have also become the focus of growing concern that some participants are using privileged information to profit.
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