My Week Trying to Get Rich on Prediction Markets
Joe Nocera spent a week trading on Kalshi to understand the growth of the industry. He described the experience as obsessive, exhilarating, and exhausting.
What changed
Recent reports highlight personal trading experiences and current platform rankings for June 2026.
Live updates
-
Joe Nocera Experiments With Kalshi Prediction Markets
confidence 100%Joe Nocera spent a week trading on Kalshi to understand the growth of the industry. He described the experience as obsessive, exhilarating, and exhausting.
What's confirmed:
- Joe Nocera used Kalshi to investigate why the business is booming.
Still unconfirmed:
- RotoWire lists the top five prediction market platforms for June 2026.
-
Prediction Market Activity Expands to Sports and Finance
confidence 90%Wealthsimple is adding prediction market trading for real-world events. Platforms like Kalshi and Polymarket continue to grow. Traders are currently using Kalshi to price the potential relocation of Raiders star Maxx Crosby.
What's confirmed:
- Wealthsimple is introducing prediction market trading based on real-world events.
- Kalshi and Polymarket are active prediction markets.
Still unconfirmed:
- Kalshi traders are pricing Raiders loyalty, Eagles interest, and 49ers trade risk regarding Maxx Crosby.
-
Prediction Market Growth and New Institutional Offerings
confidence 90%Financial services firm Wealthsimple is introducing prediction market trading based on real-world events. Platforms like Kalshi and Polymarket are offering bonuses for World Cup predictions. The industry faces scrutiny over ethics, insider trading, and legal status.
What's confirmed:
- Wealthsimple announced on Thursday, June 18, 2026, that it will offer investment based on real-world events called prediction market trading.
- Kalshi and Polymarket are among the top prediction market apps in 2026.
Still unconfirmed:
- Congress is monitoring betting on elections in prediction markets.