Explore how prediction markets work, their types, real-world applications, and the benefits they offer in forecasting events ...

One data provider, Australia-based Dysrupt Labs, has built a product using prediction markets' odds.

More users have gotten the prediction itch this last year than ever. Statistics reveal that the market is set to exceed 15M ...

Some of the most popular cryptocurrencies for prediction markets include Bitcoin ( BTC +1.00%), Ethereum ( ETH 2.43%), and ...

In the words of famous people such as Nobel laureate Neils Bohr and baseball legend Yogi Berra, predictions are very difficult, especially if they’re about the future. In this special Breaking ...

Forbes contributors publish independent expert analyses and insights. I’m a business reporter and the founder of Vivid Minds. "Prediction markets… do a very, very good job at distilling information ...

This, of course, couldn’t be further from the truth, as AI has no capacity to learn anything and to derive answers, recommendations, or conclusions that exceed the scope of the data it was trained on.

The gambling industry has been actively voicing its concern about the encroachment of prediction markets on sports betting. Critics say prediction markets are little more but sports betting with some ...