Profoundly Pointless
Profoundly Pointless
Cloud10
How People are Manipulating Prediction Markets with Prediction Market Researcher Dr. Joshua Mitts
21 minutes Posted Sep 3, 2026 at 9:00 am.
Introducing Dr. Joshua Mitts
How Prediction Markets are Manipulated
The Cost of Prediction Market Manipulation
Where Prediction Market Manipulation Happens
Listener Submitted Questions
Protecting Yourself from Market Manipulation
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21:33
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Show notes
Sometimes it’s inside information, sometimes it’s changing perceptions with huge amounts of cash, sometimes it’s holding a hair dryer to a weather gage.
Prediction Market Researcher Dr. Joshua Mitts says these are just some of the ways Prediction Markets are being manipulated.
In this episode of Profoundly Pointless we explore how people are making millions manipulating Prediction Markets like Kalshi and Polymarket.
We talk the different ways Prediction Markets are being manipulated, why some market categories are easier to manipulate than others and why only a very small number of people are actually making money on Prediction Markets.
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Dr. Joshua Mitts
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