Prediction Markets = Legalized Gambling? A $15B Risk to Society
Podcasts > The Watchdog on Wallstreet
Welcome to The Watchdog on Wall Street Podcast. Author, investment banker, consumer advocate, analyst, and trader Chris Markowski exposes the lies and myths of the big brokerage firms, the mainstream press, and the government. Chris explains the news coming out of the complex worlds of finance, economics and politics and the impact it will have on everyday Americans.
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Monday, April 27, 2026
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Platforms like Polymarket and Kalshi are exploding in value—but critics warn they’re just gambling in disguise. With billions at stake and loose oversight from the Commodity Futures Trading Commission, this episode dives into the dangers of corruption, sports manipulation, and the normalization of betting on everything. Is this innovation—or a dangerous step backward for society?
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