The Super Bowl is tomorrow, and chances are you’ll be tuning in (viewership reached a historic 127 million last year). Chances are you’ve also already been bombarded with prediction market ads prompting you to bet on every aspect of the big game. But how much do you really know about Kalshi or Polymarket? 70% of people that participated in prediction markets lost money, and less than 0.04% of traders hold the vast majority of profits. That’s because despite what companies like Kalshi and Polymarket will tell you, insider trading is a big problem for prediction markets. You might not be trading against the house, but you might be trading against someone who knows the right answer, from the inside, with little restrictions. Know the truth.

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