5 ms·
Actually, that's not what I've found. When I have compared betting sites like Kalshi and Polymarket to the implied probability of Fed rate cuts in the interest
by fulladder 1y ago
Actually, that's not what I've found. When I have compared betting sites like Kalshi and Polymarket to the implied probability of Fed rate cuts in the interest rate futures market, I have found them to match up and move in lock step with each other. (I don't work for any of these companies and I don't use the betting sites myself; just stating my observation.)
- ProjectArcturis 1y agoThat's because there's an easy arbitrage. If the prices get out of line with each other, anyone can buy the cheap one, sell the expensive one, and get free money.