RALEIGH, N.C. (WNCN) — Prediction markets are surging in popularity this election cycle, with millions of dollars being traded on North Carolina’s elections. But can you really take those odds to the bank?

Trade on Kalshi before depositing at one of the largest prediction markets . Claim a $55 bonus after $25 in trades here with the best Kalshi promo code CBSSPORTS55: New York trades at $0.53 per share to beat Philadelphia,

The Philadelphia 76ers have become the first NBA franchise to announce an official partnership with a prediction market company, reaching a multiyear agreement with Kalshi as the organization continues its strong start to the 2026-27 season.

The Philadelphia 76ers just broke some NBA barriers with their latest partnership. It is going to be a fun situation to watch play out.

By Pritam Biswas and Anirban Sen Oct 29 (Reuters) - Kalshi has raised $1 billion in a new funding round that values the prediction-market startup at $40 billion, the company said on Thursday, as it pushes to expand beyond event contracts and compete more directly with traditional exchanges.

A new survey supported by the Brennan Center finds that prediction market odds shift voters’ views of which candidates are electable.

Which is why it's so fascinating to see other major North American sports league jump into partnerships with the same prediction market companies the NFL is asking the Supreme Court to look into. Companies like Polymarket,

Brittany Brown is a full-time copywriter writing covering real estate and personal finance topics like budgeting, investing, credit cards, and more. She is currently working to become an accredited personal finance counselor to help people feel better ...

Voters, donors and media increasingly use the betting platforms Kalshi and Polymarket to forecast election outcomes. Critics warn of new risks to democracy.

Former Georgia quarterback Aaron Murray reveals his final score prediction for Georgia vs. Florida in a crucial SEC rivalry matchup.

Prediction markets let participants trade contracts tied to the outcomes of specific events. They aggregate information from diverse perspectives, which can lead to potentially useful forecasts. Event contract prices reflect the market’s collective estimate of each outcome’s probability.