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Young Americans are quitting jobs to bet on prediction markets, earning big by forecasting events from elections to pop culture.
A growing number of Americans, including 25-year-old Logan Sudeith, are leaving traditional jobs to trade on prediction markets like Kalshi and Polymarket, betting on events from elections to pop culture trends.
Sudeith claims to earn $100,000 monthly by placing high-stakes bets on outcomes ranging from award winners to political statements, spending up to 100 hours weekly.
Advocates say these markets aggregate public opinion more accurately than polls, offering real-time insights used by major media outlets like CNN and the Wall Street Journal.
Critics, however, liken them to gambling sites, noting they rely on market makers for liquidity and raise concerns about regulation, risk, and ethical implications.
The industry’s rapid growth reflects a shift toward decentralized, data-driven speculation on global events.
Los jóvenes estadounidenses están dejando sus trabajos para apostar en los mercados de predicción, ganando mucho pronosticando eventos desde las elecciones hasta la cultura pop.