Prediction Markets: Truth Machine or Rigged Casino?
Cointelegraph·2026-02-10 16:18
Will the US admit that aliens exist by the end of 2027. On Poly Market, over $1.4% million has been traded on this question. In another trade, someone turned $1 into 20K by betting on the weather.Another user started with about $12, repeatedly betting on Bitcoin's price movements, and walked away with roughly $100,000. These are just a few examples of how prediction markets are turning the world into an online casino. one where you can bet almost on anything.In December alone, nearly $12 billion was traded ...