Kalshi Turns Three

Kalshi turns three years old today, and the past year has been a rollercoaster for the exchange: Previously we took a looked at Kalshi for its one-year and two-year anniversaries, and now we’re again taking a look at the exchange’s growth since we last checked in. Top markets by trading volume Previously limited to markets […]

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How Accurate are Seasonal Hurricane Forecasts?

Many stories have been about the upcoming “hyperactive” hurricane season predicted this year, but how accurate are these forecasts about the number of hurricanes each year?  Accurate hurricane forecasts have immense social and economic value.  Improvements in merely forecasting the accuracy of  hurricane wind speed have been estimated to “reduced hurricane costs – damages, recovery

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Kissinger’s Betting Odds

The Commodity Futures Trading Commission (CFTC) recently held a public meeting to discuss proposed rules regarding event contracts.  Under current regulations, there are only a few enumerated restrictions on contracts, including war, terrorism, and assassination. Those three restrictions were mentioned repeatedly during the two-hour meeting, reminding one of the apocryphal story about former Secretary of

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