Everything is gambling now
TL;DR
Prediction markets now allow betting on diverse events like Super Bowl winners and Santa's gift count, reflecting their rising popularity. This episode explores their origins and appeal with insights from Bloomberg's Joe Weisenthal.
Tags
Here's a list of things you can bet on, right this second. This year's Super Bowl winner, sure. The winner of Survivor season 49, okay. But the number of gifts Santa will deliver this year? The number of tweets Elon Musk will send in the next 7 days? How much money Avatar: Fire and Ash will make at the box office? The next president of of Portugal? On Polymarket and Kalshi, if you can dream it up, you can probably bet on it. Welcome to the age of the prediction market.
On this episode of The Vergecast, we try to figure out where prediction markets came from, and why they've become so popular. Bloomberg's Joe Weisenthal joins the show to tra …