Talk Your Book: Real-Time Betting Markets

Today’s Talk Your Book is presented by Kalshi:

We spoke with Kalshi CEO Tarek Mansour about betting on binary outcomes.

We discuss:

  • Betting on binary outcomes
  • The difference between news and market reactions
  • A financial exchange for events and event contracts
  • Buying yes or no shares
  • Using the wisdom of the crowd to forecast the future
  • The difference between gambling and speculation
  • Will there be a moon landing by 2024?
  • Is 24/7 trading coming?

Listen here:

Links:

  • Online trading platform lets investors bet on yes-or-no questions
  • Democratize hedging
  • Kalshi wins CFTC approval

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Original Article