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Side Hustle School

#2496 - Q&A: “How can you make money from prediction markets?”

Side Hustle School

Chris Guillebeau / Onward Project

Business, Entrepreneurship, Careers

4.83.3K Ratings

🗓️ 1 November 2023

⏱️ 6 minutes

🧾️ Download transcript

Summary

Ever thought of cashing in on your knack for predictions? Today we explore the world of prediction markets like Augur, Kalshi, and PredictIt. 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: [email protected] Be on the show: SideHustleSchool.com/questions Connect on Twitter: @chrisguillebeau Connect on Instagram: @193countries Visit Chris's main site: ChrisGuillebeau.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. 😎 🙏🏼 To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, guess what? Welcome to a new month. It is now the month of November 20, 23, episode

0:16.5

2,496 in just four days. We're going to hit 2,500 episodes of side hustle school. Thank

0:23.6

you so much for being out there. Thank you for being part of the community. Many listeners,

0:27.8

of course, have been with us for years. I am so honored. I just went on a big book tour. I went

0:33.2

to about 15 cities in August, September, some parts of October briefly. And I met some

0:40.4

many people who've been listening for a long time or have just recently discovered the

0:43.4

podcast. However, you fit into the timeline. Thanks for being out there. Excited for the next

0:48.0

two months of the year and much more to come. So let's see here. What do we got today? Well,

0:53.1

if you are the kind of person who's always correctly calling the outcome of political

0:56.6

elections or other notable events, could be world events, could be events in popular culture.

1:01.8

Today's episode might be for you. It might give you an idea. We're going to look at the world

1:06.5

of prediction markets. This is a relatively new arena that could allow you to monetize your

1:11.8

forecasting talents. In fact, lots of people are doing this. I wrote a whole chapter in Gonzo

1:16.2

Capitalism about prediction markets. And so we're going to hear from a listener who's wondering

1:20.4

some specifics. I'll see if I can give him some tips and maybe somebody else out there. Thanks

1:25.2

for being around a quick action packed episode. Hopefully a helpful answer for our caller

1:30.2

all coming up after the quick break.

1:33.8

Your kids mean everything to you and you do anything for them, especially if they're at

1:37.9

risk. So when it comes to type one diabetes, screen it like you mean it. Because if even

1:43.4

just one person in your family has type one, your child is up to 15 times more likely to

1:48.3

get it. But just one blood test can help you spot it early. So don't wait. Talk to your

1:53.6

doctor about screening. Tap now or visit screenfortypeone.com to get more info and screen it

...

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