#prediction-markets

#prediction-markets

The CME Fedwatch Tool shows a 99% probability that the U.S. Federal Reserve will keep its target rate at 350 to 375 basis points when it meets this week on April 29.

"Our men and women in uniform are trusted with classified information in order to accomplish their mission as safely and effectively as possible, and are prohibited from using this highly sensitive information for personal financial gain."

Pritzker's office stated that the new order strengthens protections against insider trading in response to emerging risks tied to the rapid growth of event-based gambling.

The measure, known as Senate File 2494, is aimed at event-driven contracts and the online platforms where people buy and sell them. Lawmakers are pitching it as a way to bring structure and oversight to prediction-style markets that have grown exponentially in the past two years.

SelfExclude.io provides users with a way to voluntarily block themselves from prediction market trading across various platforms. Instead of managing limits on each app, users can enroll once, and the restriction applies broadly.

Horekunden expressed frustration with the Institute for the Study of War, describing their frontline maps as incoherent and unhelpful for settling bets on Polymarket.

Bets tend to appear in the 'For you' section of Google News, which is supposed to be tailored to a person's particular interests. Futurism notes that the platform actually placed a Polymarket bet as the top news result when inquiring about the price of Bitcoin.

The bill describes a 'prediction market' as 'a system that allows consumers to place a wager on the future outcome of a specified event that is not determined or affected by the performance of the parties to the contract.'