Event contracts give markets a way to price in an uncertain future, says Interactive Brokers founder Thomas Peterffy.

From the next James Bond actor to the Mike Tyson vs. Jake Paul boxing match winner, here's what people are betting on.

Prediction markets have “enormous” growth potential, Thomas Peterffy, the billionaire founder of the retail brokerage ...

“Financial markets are generally pretty efficient, and the evidence suggests that the same is true of prediction markets,” ...

History suggests the platforms have flourished during U.S. presidential elections, then struggled afterward.

A week before the election, the company announced that its first-ever prediction market would be for the presidential race ...

Election Day has come and gone, and once again, millions of people are sifting through the data and trying to make sense of ...

Race to a Billion brings an exciting twist to the Web3 gaming space by combining AI-powered meme racing with prediction ...

Polymarket's success predicting the 2024 presidential contest winner has sparked "political retribution," according to a new ...

Prediction markets, exchange-traded markets where participants can bet on the outcomes of future events, failed to provide ...

The public opinion polls said Tuesday’s presidential election would be a nailbiter. But it looked a lot different at online prediction markets where people bet real money on the outcome. Markets such ...

Prediction markets like Kalshi beat pollsters in forecasting the 2024 US election. Mansour now says financial marketplaces ...