Prediction-market platform Kalshi recently unveiled a swath of “market integrity” updates that all relate to one thing: stopping illegal trading by insiders. The updates include things like risk ...

Discover the key differences between prediction markets and sports betting and learn how to get the most out of sites like Kalshi and Robinhood. Regulated sportsbooks in the United States have ...

Prediction markets may grow in the years ahead. Here's the lowdown on how they work, their legal and tax status, and the risks of betting in them. Many, or all, of the products featured on this page ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. An adult man at home, deeply focused on his smartphone, participates in the thrill ...

The bot exploited fleeting moments when “Yes” and “No” contracts briefly summed to less than $1, locking in roughly 1.5%–3% per trade across 8,894 executions. With typical five-minute crypto ...

Ms. Scanlon is the author of “In This Economy? How Money & Markets Really Work” and Kyla’s Newsletter. Prediction markets have exploded into mainstream American life. Platforms like Polymarket and ...