Eight wins out of ten can still lose money in a prediction market. Buy ten contracts at 90 cents each, and eight winners return $8 on a $9 outlay, before fees.
Novig has brought in Sydney Sweeney as an equity holder and campaign partner; Kalshi has deals with the NHL and CNN. Those partnerships can draw attention, but they don’t establish whether market prices forecast outcomes well.
Novig has brought in Sydney Sweeney as an equity holder and campaign partner; Kalshi has deals with the NHL and CNN. Those partnerships can draw attention, but they don’t establish whether market prices forecast outcomes well.
