News

Cover Story

On HALO

1 day ago

Spoiler! How prediction markets broke reality TV.

Aubry Bracco eventually won Survivor, but did Kalshi and predictive markets spoil her win months in advance? | CBS via Getty Images We live in an era where you can bet on anything: sports, elections, wars, the temperature in Los Angeles tomorrow, company profits, and everything in between. It shouldn’t be surprising, then, that people are spending millions of dollars on online prediction markets like Kalshi and Polymarket to bet on reality TV. Right now, you could place a bet as to who’s getting eliminated on Big Brother or whether former New York City Mayor Eric Adams will be cast o...