Rigged From the Start: The Truth About Prediction Markets

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In this episode, I look at how prediction markets work, and why comparing them to sports betting misses the point. From insider trading to manipulation and public trust, the risks aren’t theoretical—they’re structural.

Also in this episode:

🧠 I explore how thin trading volumes allow small actors to shift prices, and influence perception, without a huge investment.
🎯 I break down how some traders can influence real-world outcomes tied to their bets, blurring the line between prediction and manipulation.
🔍 I highlight how public trust erodes when these markets are seen as rigged, threatening their legitimacy as forecasting tools.
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