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…