Special Edition: Prediction Markets – Promise & Pitfalls

People are now betting on everything from elections to the weather through so-called prediction markets.   So, are they a powerful new way to understand what's coming next, or another form of gambling with serious risks?   Fortune's Jeff John Roberts explains how these platforms work, why some news organizations are partnering with them, and what makes them different from traditional betting.   Plus, the potential upsides, the risks, and why lawmakers and the courts are starting to take notice.   Learn more about our guest(s): https://www.theNewsWorthy.com/shownotes Join us again for our 10-minute daily news roundups every Mon-Fri!  Become an INSIDER and get ad-free episodes here: https://www.theNewsWorthy.com/insider Get The NewsWorthy MERCH here: https://www.theNewsWorthy.com/merch Sponsors: Wildgrain is offering our listeners $30 off your first box - PLUS free Croissants for life - when you go to Wildgrain.com/NEWSWORTHY to start your subscription today   Enjoy a deep, restful night's sleep with a new mattress from Birch. Go to BirchLiving.com/newsworthy  for 25% off sitewide!   To advertise on our podcast, please email: [email protected]