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    Artwork for Decoder with Nilay Patel
    Episode

    Prediction markets want to be the news

    Decoder with Nilay Patel · Mar 5, 2026 · 45 min

    Today let’s talk about prediction markets, which continue to insert themselves into the news cycle and the news in increasingly weird, unsettling, and potentially illegal ways. My guest today is Liz Lopatto, a senior reporter at The Verge who owns what we cheerfully call the chaos beat. Liz has been writing a lot about prediction markets lately and especially why they all seem so intent on being…

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