The deal with "back door" betting

Wanna put a wager on, well, just about anything? Try a prediction market. Competing industry giants Kalshi and Polymarket both saw major investment this week, and for good reason. Though they don’t look it on paper, both function as (extremely lucrative) sports betting platforms but don't face the regulations of sports betting platforms. In this episode, we bet on where that legal loophole is headed. Plus: Expect car sales to sputter as the EV tax credit ends and tariffs drive up costs, and the case for replacing subsidized air travel with a more robust rural bus system.

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