Betting on the war in Gaza, the new pope or Eurovision: The cynical business of online predictive markets
- Posted on May 20, 2025
- By Le Monde
- 2 Views

Betting on the war in Gaza, the new pope or Eurovision: The cynical business of online predictive markets

In recent months, the platforms Polymarket and Kalshi have gained popularity. Their users hope to hit the jackpot by betting money and cryptocurrencies on the outcome of current events, turning the world into a widespread auction.