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Longshot contracts lose about 98 percent of the time on Kalshi and Polymarket, analysis finds
- Longshot contracts lose about 98 percent of the time on Kalshi and Polymarket, analysis finds — A Bloomberg analysis reported by PlayUSA found longshot contracts on the two platforms lose roughly 98 percent of the time. Polymarket said longshots make up about 1 percent of its volume, while Bloomberg put the share at 52 percent over 21 months, a gap the report says may reflect different definitions. (PlayUSA)
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