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Prediction markets: the hunt for the new ‘dumb money’

As new bettors flock to platforms such as Kalshi and Polymarket, some make easy prey for trading firms and professional gamblers

1 report1 sourceApr 3, 2026, 4:00 AM
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Financial TimesApr 3, 2026, 4:00 AM

Prediction markets: the hunt for the new ‘dumb money’

As new bettors flock to platforms such as Kalshi and Polymarket, some make easy prey for trading firms and professional gamblers

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