Let's Know Things
Sports Betting
15:52
This week we talk about prediction markets, incentives, and gambling addiction.
We also discuss insider trading, spot-fixing, and Gatorade.
Recommended Book: The Kingdom, the Power, and the Glory by Tim Alberta
Transcript
Prediction markets are hundreds of years old, and have historically been used to determine the likelihood of something happening.
In 1503, for instance, there was a market…