News
Prediction markets are becoming more professionalized, but also harder to beat
The institutionalization of prediction markets threatens to erode the edge of skilled traders who earn off mispricing and market inefficiencies, experts say.
Prediction-market platforms' courtship of Wall Street stands to bring in deeper professional liquidity and intensify competition, but will also mean it's harder for many traders to make money.
This development marks a significant update currently under broad public observation. Our newsroom has assembled the critical factual points based on verified reporting.
Comprehensive background details, supporting data, and official quotes can be explored in the primary reporting from **CNBC**.
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