The New Insider Traders Lurking on Prediction Markets

The New Insider Traders Lurking on Prediction Markets Sites like Polymarket can be rewarding for traders with inside info. There are different ways to get it. This article is for subscribers only. Like other types of markets, prediction markets reward traders who get information first. Here’s one way to do that: In February, Caden Booth flew to San Francisco and headed for the stadium where Super Bowl LX was taking place. He waited 12 hours, until he heard rehearsals for the national anthem begin. He timed how long each version took. Then he bet more than $50,000 on Polymarket that the anthem’s length would be under 117 seconds — and scored big when it turned out to be 104.