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	<title>كوبتيكبيديا - مساهمات المستخدم [ar]</title>
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	<updated>2026-04-17T07:34:40Z</updated>
	<subtitle>مساهمات المستخدم</subtitle>
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		<id>https://www.copticpedia.org/index.php?title=Prediction_Markets_Take_Over_$40_Million_In_Papal_Trading_Action&amp;diff=89034</id>
		<title>Prediction Markets Take Over $40 Million In Papal Trading Action</title>
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		<updated>2026-04-16T10:26:20Z</updated>

		<summary type="html">&lt;p&gt;BrooksFitzGibbon: أنشأ الصفحة ب'&amp;lt;br&amp;gt;Two prediction market [http://newsquare.net/index.php?title=Anv%C3%A4ndare:EmileNepean operators] took over $40 million in [http://git.tjyourong.com.cn/elidacansler90 trading action] on the papal conclave's outcome, despite only a fraction of users picking the winner.&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;- Bettors traded $40.6 million at Kalshi and Polymarket.&amp;lt;br&amp;gt;- Only 416 trades out of 33,000 picked the winner.&amp;lt;br&amp;gt;- Pope Leo XIV had less than 1% odds.&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;&amp;lt;br&amp;gt;Prediction market com...'&lt;/p&gt;
&lt;hr /&gt;
&lt;div&gt;&amp;lt;br&amp;gt;Two prediction market [http://newsquare.net/index.php?title=Anv%C3%A4ndare:EmileNepean operators] took over $40 million in [http://git.tjyourong.com.cn/elidacansler90 trading action] on the papal conclave's outcome, despite only a fraction of users picking the winner.&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;- Bettors traded $40.6 million at Kalshi and Polymarket.&amp;lt;br&amp;gt;- Only 416 trades out of 33,000 picked the winner.&amp;lt;br&amp;gt;- Pope Leo XIV had less than 1% odds.&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;&amp;lt;br&amp;gt;Prediction market company Polymarket hauled in over $30 million in trades, while rival firm Kalshi recorded $10.6 million. Kalshi's [https://www.lumma.is/index.php?route=journal3/blog/post&amp;amp;journal_blog_post_id=7 biggest payout] was $52,641 on an [https://bio.rocketapps.pro/laurenceru anonymous customer's] successful $526 .&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;Still, of the 33,000 trades on this market, only 416 correctly identified the eventual pope, [http://sober-cyclist.com/2021/09/10/hallo-welt/ Cardinal Robert] Prevost of Chicago.&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;Prediction markets offer controversial model&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;Predictions markets operate similarly to futures, with users able to buy or sell contracts [http://159.75.235.1543000/freemancilley settled based] on a future event's outcome.&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;[https://manual.emk-schweiz.ch/index.php?title=Benutzer:BrodieParra Companies] like Kalshi and Polymarket were in the headlines recently, most [https://wiki.educationjustice.net/wiki/User:Violette95I notably] over their U.S. Presidential Election markets. Kalshi alone [http://58.221.157.1223000/hellenthurlow7/the-bet-9ja-promo-code-2026-is-yohaig/wiki/The-Bet-9Ja-promotional-code-this-2026-is-YOHAIG reportedly] took $132 million in trading on that market, and during the election, there was significant scrutiny of the platforms and their [https://metazoowiki.com/index.php/User:EmelySteed07 potential] for manipulation or misinformation.&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;While the platform’s business model is itself controversial, regulating these companies also caused concern among state legislators and officials. Regulators in New Jersey and Nevada-two of the U.S.[https://lunarishollows.wiki/index.php?title=User:TammieBusch2303 ' biggest] sports [http://www.clusterpueblatic.mx/foro/member.php?action=viewpro&amp;amp;member=RSYJannie5 betting markets] - tried to block Kalshi from operating in their jurisdictions, so far without success.&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;Prediction markets face regulatory issues&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;Gambling regulators oversee betting companies at the state level, such as the New Jersey Division of Gaming Enforcement, and are bound by state laws on a range of issues, from [https://wavedream.wiki/index.php/User:VeronicaHalliday data protection] to licensing. By contrast, the Commodity Futures Trading Commission (CFTC) regulates prediction market companies at the [https://tripleoggames.com/employer/the-betnaija-promotion-code-for-2026-is-yohaig/ federal] level, so they're not bound by state gambling laws.&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;While U.S. sportsbook companies were [http://steuerunterricht.de/index.php?title=Benutzer:JunkoDecker prohibited] from taking action on the papal conclave, Kalshi and Polymarket faced no such restrictions. However, the CFTC targeted Polymarket, leading to a substantial fine and settlement in 2022. Conversely, the CFTC dropped a similar appeal against Kalshi in recent weeks.&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;Currently, Kalshi users can trade on a range of events, including the date of Grand Theft Auto [https://livingsn.com/author/leandrohazel1/ VI's release] and whether there will be a free trade deal with China. The prediction market model is [https://manual.emk-schweiz.ch/index.php?title=Benutzer:CarmonDelvalle proving] so successful that global betting group Flutter reportedly investigated offering its own prediction markets.&amp;lt;br&amp;gt;&lt;/div&gt;</summary>
		<author><name>BrooksFitzGibbon</name></author>
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