Someone profited handsomely after winning an unlikely short-term bet on Nicolás Maduro's fate. The win kicked off a round of intense scrutiny of prediction markets.

As the legislative season approaches, the pro-sports betting crowd is preparing to brandish an old argument - but with a new twist.

People are now betting on everything. Prediction markets are amplifying those signals. The timing of the U.S. government shutdown. The likelihood of Taylor Swift canceling a tour date. The exact day ...

(Bloomberg Businessweek) -- Adhi Rajaprabhakaran began trading in prediction markets in summer 2020. Then a couple of years out of college, he started with bets on whether Joe Biden or Donald Trump ...

Like artificial intelligence, the Web3 world wants a piece of the action in online betting markets. There is no greater example than this than the August announcement by a former Polymarket executive ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. The usage of prediction markets to make bets has grown exponentially, with names ...