And what many people don't know is that 70% of the profits from these so called prediction markets go to just.04% of the betters.70% of the profits.0.04% of betters. Why is that? That is because There is rampant insider trading in these unregulated prediction markets. They're built for rampant insider trading. On the day before the Iran war, 150 accounts placed highly unusual bets on polymarket, saying that the war was going to start the next day. (07:02–07:07)
CLAIM
Asserts that unregulated prediction markets are rife with insider trading.
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