Betting on Being Right: The Growth of Global Prediction Markets

In this series, Going Deep, we do bite-sized explorations into the most interesting industries, businesses, and economic trends… in Australia and around the world.  For today's episode, we're looking at one of the fastest-growing corners of global finance that most Australians have never heard of - prediction markets. This isn’t a bet on an AFL game.. Or a punt on the Melbourne Cup. This is placing real money to bet on world events like whether the RBA cuts rates… or whether a recession hits before Christmas?  In this episode, Brett and Justin explore how prediction markets went from a university experiment in Iowa to Robinhood's fastest growing product and whether this is the future of finance or just the world's most sophisticated casino. _ Note: This recording took place in February 2026. All numbers noted were accurate as of this date. Want to lean how to go from a Saver to Investor in just 7 days - watch our new series here Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay   Daily newsletter: https://bit.ly/fluxnewsletter   Flux on Instagram: http://bit.ly/fluxinsta   Flux on TikTok: https://www.tiktok.com/@flux.finance   —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes. ____See omnystudio.com/listener for privacy information.