It’s been less than a year since the launch of the Kalshi events exchange, a platform that provides speculators and active traders the opportunity to bet on outcomes in business, politics, cultural events, the economy and the weather. To understand what powers the site’s prediction markets, Luckbox asked Kalshi markets team member William Arnesen for an inside look. 

The wide variety of markets on the Kalshi exchange may surprise first-time visitors. Have some of the markets attracted more interest than you expected? 

I was pleasantly surprised by how much success the COVID-19 variant of high consequence market got. People also got really into the ambassador to China’s confirmation, so that was a nice surprise for me. I thought...

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