<description>&lt;p&gt;Right now, as you&amp;rsquo;re listening to this podcast, millions of people are earning money by gambling on war. Hedging their bets on when the next missile strike will happen, whether a ceasefire will hold, or whether a foreign government will fall. &lt;br&gt;&lt;br&gt;It&amp;rsquo;s called prediction markets&amp;hellip; and on today&amp;rsquo;s podcast we're explaining what they are, why they're booming, and why they're becoming one of the most controversial corners of the internet.&lt;br&gt;&lt;br&gt;Hosts: Elliot Lawry and Sam Koslowski&lt;br&gt;Producer: Rosa Bowden&lt;/p&gt; &lt;p&gt;Want to support The Daily Aus? That's so kind! The best way to do that is to click &amp;lsquo;follow&amp;rsquo; on Spotify or Apple and to leave us a five-star review. We would be so grateful.&lt;/p&gt; &lt;p&gt;The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent.&lt;/p&gt; &lt;p&gt;&lt;strong&gt;Want more from TDA?&lt;br&gt;&lt;/strong&gt;&lt;a href="https://thedailyaus.com.au/newsletter/"&gt;Subscribe to The Daily Aus newsletter&lt;/a&gt;&lt;br&gt;&lt;a href="https://www.youtube.com/@thedailyaus"&gt;Subscribe to The Daily Aus&amp;rsquo; YouTube Channel&lt;/a&gt;&lt;strong&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt;Have feedback for us?&lt;br&gt;&lt;/strong&gt;We&amp;rsquo;re always looking for new ways to improve what we do. If you&amp;rsquo;ve got feedback, we&amp;rsquo;re all ears.&amp;nbsp;&lt;a href="https://thedailyaus.typeform.com/to/D0EhJI4S"&gt;Tell us here&lt;/a&gt;.&lt;/p&gt;&lt;p&gt;See &lt;a href="https://omnystudio.com/listener"&gt;omnystudio.com/listener&lt;/a&gt; for privacy information.&lt;/p&gt;</description>

The Daily Aus

The Daily Aus

The rise of people betting on wars

APR 23, 202620 MIN
The Daily Aus

The rise of people betting on wars

APR 23, 202620 MIN

Description

Right now, as you’re listening to this podcast, millions of people are earning money by gambling on war. Hedging their bets on when the next missile strike will happen, whether a ceasefire will hold, or whether a foreign government will fall. It’s called prediction markets… and on today’s podcast we're explaining what they are, why they're booming, and why they're becoming one of the most controversial corners of the internet.Hosts: Elliot Lawry and Sam KoslowskiProducer: Rosa Bowden Want to support The Daily Aus? That's so kind! The best way to do that is to click ‘follow’ on Spotify or Apple and to leave us a five-star review. We would be so grateful. The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent. Want more from TDA?Subscribe to The Daily Aus newsletterSubscribe to The Daily Aus’ YouTube Channel Have feedback for us?We’re always looking for new ways to improve what we do. If you’ve got feedback, we’re all ears. Tell us here.See omnystudio.com/listener for privacy information.