"The Golden Globes is the latest example of prediction markets correctly calling the outcome of a major event. Polymarket CEO Shayne Coplan took a victory lap on X following the platform's partnership with the Golden Globe Awards over the weekend, in which viewers were able to see the betting odds for each category throughout the show. "Polymarket called 26/28 winners right," Coplan wrote on X."
"On Polymarket, users can buy and sell shares on the outcomes of various future events, including elections, sports, and more. That included the winners of the 28 different award categories at the Golden Globes. Coplan called the Golden Globes partnership "the single most mainstream prediction market integration to date," and "a surreal moment and a highlight for all our team members' moms.""
Polymarket partnered with the Golden Globes to display live betting odds for each award category during the broadcast. Polymarket users could buy and sell shares on event outcomes and placed markets for all 28 award categories. Bettors on the platform correctly predicted 26 of the 28 winners. Shayne Coplan celebrated the result on X and described the integration as the most mainstream prediction market integration to date and a surreal moment for the team. The on-screen betting integration prompted backlash on X, and Coplan acknowledged a need to educate the public on market-based forecasts.
Read at Business Insider
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