You Can Bet on Everything Now. What Could Go Wrong? episode artwork

EPISODE · Apr 23, 2026 · 48 MIN

You Can Bet on Everything Now. What Could Go Wrong?

from Question Everything

Gambling is infiltrating American life. Ads for online sportsbooks are everywhere. Prediction markets – which are not legally considered gambling – now allow betting on everything from the unemployment numbers, to the war in Iran, to how many times Elon Musk will tweet this week. Lots of news outlets are getting in on the action: CNN, CNBC, the AP, and others are partnering with prediction markets to use their stats in coverage. What could go wrong?  On today’s show, we’re joined by three journalists who cover gambling and prediction markets to answer that question. They tell stories about how gambling has already transformed sports, the unsettling ways betting seems like it’s already influencing the news and politics, and the not-so-crazy arguments for how it could lead to better informed citizens.  Also: hours after we posted this episode, federal authorities charged a soldier -- Master Sgt. Gannon Ken Van Dyke -- with being the mystery bettor we talk about in the show, who made $400,000 on Polymarket by trading on the capture of Venezuelan President Nicolás Maduro. When asked about it, President Trump said, "The whole world unfortunately has become somewhat of a casino." Question Everything is a production of KCRW and Placement Theory. And don’t forget to sign up for our newsletter. Guests:  Joon Lee, independent sports journalist and Youtuber. Find his channel here https://www.youtube.com/@iamjoonlee Danny Funt, author of Everybody Loses: the Tumultuous Rise of American Sports Betting Kate Knibbs, senior writer at Wired Please support the organizations that support this show: Ground News is a platform that makes it easy to compare news sources, read between the lines of media bias, and break free from algorithms. Go to GroundNews.com/QUESTION to get 40% off the unlimited Vantage plan. DeleteMe makes it quick, easy and safe to remove your personal data online. Get 20% off DeleteMe consumer plans when you go to joindeleteme.com/QUESTION and use promo code QUESTION at checkout. Get 15% off OneSkin with the code QUESTION at https://www.oneskin.co/QUESTION  #oneskinpod Listen to our supporter More Muslim , a narrative audio series telling deeply reported stories about the Muslim experience, wherever you get podcasts.

Episode metadata supplied by the publisher feed · Published Apr 23, 2026

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You Can Bet on Everything Now. What Could Go Wrong?

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This episode is 48 minutes long.

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This episode was published on April 23, 2026.

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Gambling is infiltrating American life. Ads for online sportsbooks are everywhere. Prediction markets – which are not legally considered gambling – now allow betting on everything from the unemployment numbers, to the war in Iran, to how many times...

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