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The Debate About Prediction Markets Dates Back 500 Years


Prediction markets have never been bigger — or more controversial. On this episode of the Everybody’s Business podcast, Stacey Vanek Smith and Max Chafkin sit down with Jacob Goldstein and Robert Smith of the Business History podcast to unpack how betting on real-world events went mainstream — and why platforms like Kalshi and Polymarket are reshaping the way people trade on everything from politics to pop culture.

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