Scott Melker sounds the alarm on Kalshi and Polymarket futures [Yahoo! Finance]
GameStop Corporation (GME)
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Source: Yahoo! Finance
"The Daily Wolf with Scott Melker" airs on Yahoo Finance every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news. Video Transcript Speaker A perpetual futures markets coming soon to CalC Polymarket. These are the two largest prediction markets. You'll remember that Polymarket played a massive role in the election, much more accurate than exit polls and people have started to look to prediction markets for true information as to what's likely coming in the future. Speaker A So you know what we should do with that? Speaker A Add 10x leverage. Okay, let me first of all state something that's going to be very unpopular with the crypto audience that generally follows me and watches. Speaker A I personally believe that prediction markets are obviously gambling. Speaker A And I don't understand the opposing argument. You can use a prediction market on t
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