Bettors on Polymarket and Kalshi often make longshot wagers, with around half of all trading volume on Kalshi involving potential returns of at least 1,000%. These longshot bets have resulted in significant losses for bettors, with money staked on "yes" longshots losing 15% on Kalshi and 27% on Polymarket since early 2025.Bloomberg's Denitsa Tsekova joins to discuss. (Source: Bloomberg)
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