Tag: prediction markets Kenya
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Why Crowds Often Predict Better Than Experts
A funny thing happens every time the world becomes obsessed with predicting something. It could be a major election, a World Cup final, a central bank decision, or even whether a particular company will beat earnings expectations. Suddenly everyone has a forecast. Television panels fill up with experts. Newspapers publish opinion pieces. Social media becomes…
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How Probability Works in Prediction Markets
There’s a weird thing about probability. People use it constantly but pretend they don’t. Someone says, “There’s no way fuel prices stay this low next month.” Another person insists their team is definitely winning on Sunday. Your aunt somehow predicts rain better than weather apps just by looking outside for fifteen seconds from the balcony.…
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Prediction Markets vs Betting: What’s the Difference?
There’s a funny thing that happens whenever prediction markets come up in conversation in Kenya. Someone usually says, “So basically betting?” Then another person says something about Aviator or Premier League accumulators and the discussion drifts off into odds and last-minute goals. It happens a lot. Probably because both systems involve uncertainty, probabilities, and people…
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Are Prediction Markets Legal in Kenya? What You Need to Know
Are prediction markets legal in Kenya? Learn how they compare to betting laws, the legal grey areas, and what users should know before participating in prediction markets. As prediction markets start gaining attention globally, many Kenyans are asking one important question: Are prediction markets legal in Kenya? The answer is not completely straightforward. Prediction markets…
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