PREDICTION MARKETS BET ON ANYTHING, INSIDER FEARS GROW

#Kalshi once listed a contract asking whether White House Press Secretary Karoline Leavitt’s January 7 briefing would last longer than 65 minutes. The outcome was widely seen as nearly guaranteed, wi

CoinRank · 2026-01-09T15:40:53+00:00

The essay discusses the unpredictability of prediction markets, highlighting an event where traders misjudged the outcome of a briefing led by Karoline Leavitt, leading to unexpected profits for those who bet against the odds.

CoinRank

2026-01-09 15:40:53

Abstract generation in progress

PREDICTION MARKETS BET ON ANYTHING, INSIDER FEARS GROW

#Kalshi once listed a contract asking whether White House Press Secretary Karoline Leavitt’s January 7 briefing would last longer than 65 minutes. The outcome was widely seen as nearly guaranteed, with the probability pushed as high as 98%.

However, the event ended in a dramatic twist. In the final seconds, Karoline Leavitt abruptly concluded the briefing. Traders who bet on “under 65 minutes” walked away with returns of around 50x in a very short time. #Prediction #CryptoNews

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