Dossier
prediction platforms
Coverage of prediction platforms in the Nexus archive.
- Prediction markets reflect 'wisdom of an informed minority,’ not crowd: Study
A study reveals that 3.5% of informed traders, including market makers and skilled takers, capture over 30% of profits on prediction platforms, while 67% of users absorb all losses. The findings highlight that prediction markets reflect the 'wisdom of an informed minority' rather than the general crowd.
- Brazil blocks prediction platforms, tightens rules to curb 'bet-like' products
Brazil has blocked certain prediction platforms and is implementing stricter regulations to curb 'bet-like' products, aiming to prevent gambling-related risks and protect users from potential harm.