Would you place a bet on an interest rate hike? Prediction markets are making that possible — and not everyone is sold.
Would you place a $2,000 bet on the Bank of Canada hiking the interest rate for a chance at making an $8,000 profit?
Prediction markets — platforms where users bet real money on future events — are expanding in Canada. And as they draw growing interest from younger generations, regulators are taking notice.
Prediction markets, based on the idea that anybody can profit from predicting the outcome of an event, are about to make their…
Prediction markets are going the mainstream. Here's the risk for investors.
Canadian retail investors will be able to access prediction markets through a Canadian company this summer, after the platforms…
Polymarket and Kalshi are less regulated than betting sites, but users can win or lose large sums on the platforms
Polymarket and Kalshi are on fire and prediction markets could be on the cusp of expanding in Canada, but there is oppostion.…
What could possibly go wrong?
