So we’re betting on everything now?
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There’s a new way to lose all your money. Prediction markets platforms like Kalshi and Polymarket are allowing users to bet on everything from sports to wars, and Dan Toomey needs to get in on the action.
Featuring interviews with:
Dustin Gouker, Prediction markets reporter
Dustin’s newsletter: https://nexteventhorizon.substack.com/
^ It’s called Event HORIZON not HorizonS that’s our bad we’re sorry Dustin we love you
Ilya Beylin, Seton Hall Law Professor
About Ilya: https://law.shu.edu/profiles/beylinil.html
Caleb Davies, Prediction markets trader
Follow Caleb: https://x.com/GaetenD
Kyla Scanlon, Author & economics commentator
Follow Kyla: https://x.com/kylascan
Writers / creators: Jack Stebbins, Henry Stockwell, Dan Toomey
Audience development: Jen Walsh
Thumbnail designer: Seth Laupus

@DoubLL
April 12, 2026 at 11:22 pm
Do you publish the full interviews somewhere? I'd like to know what Prof. Ilya Beylin actually had to say about the topic
@forcastfpx
April 12, 2026 at 11:22 pm
he is literally a professor by telling about his suit😂
@Predictifyclips
April 12, 2026 at 11:22 pm
its the time we live in xD
@PristinePerceptions
April 12, 2026 at 11:22 pm
"A person is smart. People are dumb, panicky, dangerous animals, and you know it." – Agent Kay, Men in Black
.
"Wisdom of the crowds" my round rear.
@trueoddss
April 12, 2026 at 11:22 pm
What am i here for then?
@PolyThingy
April 12, 2026 at 11:22 pm
bro thought he wins 100 bucks😂
@sophia-helenemeesdetricht1957
April 12, 2026 at 11:22 pm
G-d, I hate the New York Times… you're the paper of record, you can have an informed opinion! "I try to stay away from good or bad" what are you talking about, the previous interviewee is an obvious gambling addict, and people with the juice to manipulate world events are doing so to win bets on Kalshi, which is objectively, legally bad!!
@riddermark1398
April 12, 2026 at 11:22 pm
bro that professor trying way to hard
@pyrotechnick420
April 12, 2026 at 11:22 pm
I didnt click on this video for a month bc at first I thought it was a sponsored ad for Kalshi with the way it looked lol
@AlphaForecasts
April 12, 2026 at 11:22 pm
Finally someone said it! The comparison between Kalshi’s fees and Polymarket’s slippage was chef’s kiss. Appreciate the transparency
@PulsePredict
April 12, 2026 at 11:22 pm
🔥🔥🔥
@alienworm1999
April 12, 2026 at 11:22 pm
14:05 “to be clear, I don’t think prediction markets should be banned”
spends two entire minutes explaining exactly why prediction markets should be banned
@polyclipped
April 12, 2026 at 11:22 pm
i mean why not hahaha
@om4licha
April 12, 2026 at 11:22 pm
It’s like the telomere theory 10:28
@mavenmaven4513
April 12, 2026 at 11:22 pm
Most new financial derivatoves were called gambling first, because they are gambling, the new sleek name just sounded better and stuck
@JB-mf9ob
April 12, 2026 at 11:22 pm
I bet we don’t
@visceralcinema
April 12, 2026 at 11:22 pm
What folks are forgetting about these "prediction markets" is they incorporate a "time decay", which is the single driver with how the "premium" of an options contract is priced. And thus, as the said event one or all are betting-on approaches its expiry date–as listed in Kalshi or Polymarket–the price of the bet starts going up and thus ANY available information then becomes invaluable, which sort of mimics the derivatives markets and not the betting markets. This is why the guy who has made "half-a-mil" on these platforms said you can't be an idiot is absolutely the truth. I think the fact Kalshi and Polymarket went straight to the CFTC was a game changing move that Draft Kings perhaps never considered with they went live with their product!
@PredictionWins67
April 12, 2026 at 11:22 pm
I just saw a video on someone betting on egg prices going up🥀
@GemSpin99
April 12, 2026 at 11:22 pm
Interesting 😎😎
@KickTheTyrant
April 12, 2026 at 11:22 pm
When people end their sentence with a sharp “right?!” – it makes me want to disagree just for the sake of it.
@KickTheTyrant
April 12, 2026 at 11:22 pm
“Immortal news elf”
*cuts to Anderson Cooper
Audibly chuckled at that. This is the best channel on YT.
@HonestTaalib
April 12, 2026 at 11:22 pm
6:27 Your mouth says 11 states have not yet legalized sports gambling. However, the map says 10. Which is correct? BTW, on the map, it shows SC, GA, AL, OK, TX, IA, UT, CA, AK, & HI
@liamnehren
April 12, 2026 at 11:22 pm
Cliff notes: the Stock Market should be labelled as gambling and all gambling made illegal. This will close the loop hole rich people use to fleece everyone else with their stock market manipulation.
@theresanoelle
April 12, 2026 at 11:22 pm
idk man betting on whether or not Jesus is coming back seems like easy money
@bidididiiddbibibi28
April 12, 2026 at 11:22 pm
The South Park episode on this stuff was pretty good tho
@KingNisch13
April 12, 2026 at 11:22 pm
"The Benny Blanco of Peter Thiels" 🤣🤣🤣
@schadowere
April 12, 2026 at 11:22 pm
why shouldnt it be allowed tho? like u should be able to do w.e u want with ur money unless ur harming others
@Decent_Animal
April 12, 2026 at 11:22 pm
13:54 woah okay he can actually speak at a normal pace