Overview

Prominent Australian-based global investors such as Plato’s Dave Allen are already using the platforms to help pick stocks.

Prediction markets are, perhaps, the final frontier of gambling.

Want to bet on Taylor Swift releasing an album this year, Ayatollah Ali Khamenei being ousted as supreme leader of Iran by the end of July or that Puerto Rican rapper Bad Bunny will say “f— ICE” when he performs the half-time show at next week’s Super Bowl? All you need is a punter willing to take the other side of the bet, and you’re on.

Source: https://www.afr.com/markets/equity-markets/can-prediction-markets-beat-analysts-this-earnings-season-20260202-p5nyul