Jan 29, 2023
The political gambling industry is in a state of regulatory limbo. PredictIt is fighting for its life in the Fifth Circuit. Kalshi awaits CFTC approval for its election markets. And Polymarket and Insight Prediction remain in offshore exile.
The good news is that prediction market veteran Flip Pidot has found a new way to keep the degeneracy going.
In this episode, Pratik and Flip do a deep dive into the American Civil Exchange's new platform to bet on politics. Based on over-the-counter swaps, there are minimal restrictions on market type and no limits. But there are strict eligibility requirements.