PREDICTION MARKETS FACE TOUGH ODDS
Photo by Nick Chong on Unsplash Ahead of the February 2026 NBA Trade Deadline, predictions on whether Giannis Antetokounmpo would request a trade from the Milwaukee Bucks created a $23M market on Kalshi, a trading platform where users can bet on predictions of real life events. Shortly after the deadline expired, and Giannis chose to stay in Milwaukee, Giannis himself appeared in an advertisement sponsored by Kalshi, joining as an investor. Not only is this type of suspect celebrity...