Longshots Losing 98% of Time Dominate Kalshi, Polymarket Trading

Bloomberg Markets•Wed, Oct 7, 2026, 09:00 PM•2 min read

Prediction markets tout themselves as “truth machines,” but trading data shows a lot of casino-like bets.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/features/2026-10-07/longshots-losing-98-of-time-dominate-kalshi-polymarket-trading)

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