Sometimes it’s inside information, sometimes it’s changing perceptions with huge amounts of cash, sometimes it’s holding a hair dryer to a weather gage.
Prediction Market Researcher Dr. Joshua Mitts says these are just some of the ways Prediction Markets are being manipulated.
In this episode of Profoundly Pointless we explore how people are making millions manipulating Prediction Markets like Kalshi and Polymarket.
We talk the different ways Prediction Markets are being manipulated, why some market categories are easier to manipulate than others and why only a very small number of people are actually making money on Prediction Markets.
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Dr. Joshua Mitts
00:00 Introducing Dr. Joshua Mitts
01:21 How Prediction Markets are Manipulated
07:28 The Cost of Prediction Market Manipulation
10:21 Where Prediction Market Manipulation Happens
13:46 Listener Submitted Questions
16:10 Protecting Yourself from Market Manipulation
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