{"id":348335,"date":"2026-06-01T18:00:18","date_gmt":"2026-06-01T17:00:18","guid":{"rendered":"https:\/\/www.newsisc.com\/videos\/how-did-prediction-markets-like-polymarket-get-so-big-the-global-story\/"},"modified":"2026-06-01T18:00:18","modified_gmt":"2026-06-01T17:00:18","slug":"how-did-prediction-markets-like-polymarket-get-so-big-the-global-story","status":"publish","type":"post","link":"https:\/\/www.newsisc.com\/videos\/how-did-prediction-markets-like-polymarket-get-so-big-the-global-story\/","title":{"rendered":"How did prediction markets like Polymarket get so big? | The Global Story"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/i1.ytimg.com\/vi\/xoEF-JuCPY8\/hqdefault.jpg\" alt=\"How did prediction markets like Polymarket get so big? | The Global Story\"><br \/> <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/xoEF-JuCPY8\" frameborder=\"0\" allowfullscreen><\/iframe> <\/p>\n<p>What is a prediction market and why are so many people using them?<\/p>\n<p>On prediction markets, including Kalshi and Polymarket, people are placing sometimes huge wagers on questions ranging from the sublime (\u2018will Jesus Christ return by the end of the year?\u2019) to the very serious (\u2018will the US invade Iran?\u2019).   <\/p>\n<p>Gambling is restricted across many US states but prediction markets are not classified as gambling. <\/p>\n<p>Their rapid rise over recent years speaks \u2013 some say \u2013 to an increasing nihilism among young men in particular, who feel they may as well try to profit from world events they cannot control.   <\/p>\n<p>Supporters say prediction markets are a smart way to make money. Critics say they are enabling insider trading. <\/p>\n<p>So what is the truth behind their rise? <\/p>\n<p>We speak to senior business journalist at the BBC, Mitch Labiak.  <\/p>\n<p>Subscribe to our channel here: https:\/\/bbc.in\/bbcnews<\/p>\n<p>For the latest news download the BBC News app or visit BBC.com\/news<\/p>\n<p>#BBCNews #polymarket #US <\/p>\n<p>Chapters:<br \/>\n00:00 Introduction<br \/>\n01:00 Why do so many young men use prediction markets?<br \/>\n02:24 The story of Cameron George<br \/>\n05:10 Polymarket and Kalshi explained<br \/>\n07:12 When did Polymarket and Kalshi become popular?<br \/>\n09:45 What can you bet on Polymarket and Kalshi?<br \/>\n14:39 Allegations of insider trading<br \/>\n16:57 Can prediction markets influence world events?<br \/>\n19:59 Why are men so drawn to prediction markets?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is a prediction market and why are so many people using them? On prediction markets, including Kalshi and Polymarket, people are placing sometimes huge wagers on questions ranging from the sublime (\u2018will Jesus Christ return by the end of the year?\u2019) to the very serious (\u2018will the US invade Iran?\u2019). Gambling is restricted across [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":348336,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[128810],"tags":[132168,150246,129379],"actors":[],"class_list":["post-348335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bbc-news","tag-market","tag-prediction","tag-what"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How did prediction markets like Polymarket get so big? | The Global Story | News ISC Videos<\/title>\n<meta name=\"description\" content=\"Watch How did prediction markets like Polymarket get so big? | The Global Story for free, here on News ISC. 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