$5,000 Bet on Prediction Market Leaves Trader Facing Financial Setback
Sean Menon lost his entire $5,000 stake on Vivek Ramaswamy after the Republican candidate failed to secure the Ohio gubernatorial race on November 3. The Bottom Line: Total Market Volume: Traders placed more than $18.6 million on the Ohio governor race via the Kalshi platform. Probability Shift: Ramaswamy’s win probability peaked at 85% in February … Read more