Since the early 1800s, opinion polls have helped Americans navigate our country’s politics by showing a snapshot of popular opinion.
These polls have often depended on academic institutions, media outlets and independent firms to carry out surveys and process data to determine probabilities. Sometimes polls query too few people, or their respondents may skew toward a bias.
Prediction markets take it a step further. Using these mostly online platforms, people can gamble on nearly any event — including election outcomes.
Prediction markets establish odds based on the insider knowledge of a few and the whims of many others. Experts and
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