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Natural disasters are fair game to bet on with Kalshi and Polymarket
Natural disasters are fair game to bet on with Kalshi and Polymarket

Natural disasters are fair game to bet on with Kalshi and Polymarket

This is Ask an Expert where every weekday at 9:20am on KCBS we're giving you direct access to top experts in various fields. Prediction markets are putting a price on natural disasters. Users can wager on hurricanes, earthquakes, and even wildfires on platforms like Kalshi and Polymarket. Now lawmakers are asking how far these markets should go. For more, KCBS' Steve Scott spoke with Jonathan Cohen, he leads gambling policy at the American Institute for Boys and Men.

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