Episode Details

When gambling, crypto and politics collide, the result is a fragile system ripe for abuse. (Original ~45 min → Condensed ~12 min.) Hosts Krystal Ball and Saagar Enjeti unpack a Koshi report showing candidates and associates trading on election markets, the viral stunt by Mark Moran who admits betting on himself, and a brazen Paris airport hairdryer scheme that manipulated a weather market for $34,000. Learn why prediction markets and crypto-based betting can be resolved by single sensors, how retail traders are preyed upon, and the real human costs of deregulated platforms. This summary highlights risks around election betting, market manipulation, consumer protection, and the need for smarter regulation — told through concrete examples and accountability questions. Listen now to get the key ideas in minutes.