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Side Hustle School

#2240 - Q&A: “Betting on political markets using Kalshi…”

Side Hustle School

Chris Guillebeau

Entrepreneurship, Entrepreneurship,, Careers, Small Business, Business, Side Hustle

4.73.3K Ratings

🗓️ 18 February 2023

⏱️ 6 minutes

🧾️ Download transcript

Summary

Platforms like Kalshi and Polymarket offer the ability to bet on political events, including presidential elections and cabinet appointments. What are some tips for coming out ahead?

Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.

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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.


Show notes: SideHustleSchool.com

Email: team@sidehustleschool.com

Be on the show: SideHustleSchool.com/questions

Connect on Instagram: @193countries

Visit Chris's main site: ChrisGuillebeau.com

Read A Year of Mental Health: yearofmentalhealth.com


If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼 


Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

Monso Business Banking. It just works. So you can too. Join businesses like Target

0:05.7

to Wishing by opening a Monso Business account.

0:07.7

What I love about Monso Business account is how easy everything is. It can be filtered,

0:13.1

it can be tagged. We thought we'd have to manage our business around our banks, but that's

0:17.3

not the case for Monso.

0:18.4

My name is Shun. I am the Founder of Target Trition.

0:21.6

Apply in minutes at Monso.com slash business. To apply you must be a sole trader or director

0:26.6

of a limited company, UK Business is only terms and conditions apply.

0:40.8

Platforms like Callshe and PolyMarkets, there are a few others predicted using that for a while.

0:47.2

These platforms offer the ability to bet on political events, including presidential elections,

0:52.4

midterms, cabinet appointments, who's in, who's out, all that, Washington, D.C. gossip,

0:58.1

and not just for the United States, but worldwide as well. I've been doing this a bit myself,

1:02.5

initially out of research for my upcoming book. I was writing about prediction markets and

1:07.1

all the different ways that the economy has changed in recent years.

1:10.0

And so at first I was doing it for research and then just because I thought it was fun.

1:14.1

So a lot of people are doing this in different ways. Betting on political events and betting on

1:18.1

other events, sometimes you can bet on, well I was going to say sports, but that's been around for a while,

1:24.2

basically all kinds of things, celebrity dating, celebrity breakups, and so on. So today's

1:29.0

caller wants to know more about this. What are some tips for coming out ahead when using one of

1:33.6

these platforms? Good question. We'll talk about it in just 30 seconds. Stay tuned.

1:38.0

Hi there. This is Mitch from Towillis City. I've been enjoying the show and all the fun ideas.

1:53.4

Recently, I've been researching platforms like Colchee and Polymarket, where anyone can bet on

...

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