Over the last year, prediction markets have grown into a multibillion-dollar industry. Prediction markets, such as sites like Polymarket, Kalshi and Robinhood, allow bettors to put down money on the likelihood of an event happening — including for political races in Oregon. Market sites show users are placing their bets on who the Republican candidate will be for Oregon’s governor. OPB politics reporter Dirk Vanderhart covered this story. He joins us to share more.
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