prediction markets are hot right now and it seems there is limitless potential, but it's also hard to ignore the fact that those that have control over the outcomes and their circles (celebs, companies, politicians) will profit the most from them.
some athlete or celeb just has to wave for longer than 5 seconds, or hold a speech for more than a minute and this has a direct result on prediction markets.
it would be naive to think that these people are not aware how much money they can make by simply betting on something that only they control.
basically: it's fun, it's entertaining, upside i