How prediction market traders seek an edge

This article explores how traders in prediction markets, like Kalshi and Polymarket, go to great lengths to gain a competitive edge. For instance, 21-year-old Caden Booth traveled to the Bay Area to time the rehearsal of the national anthem at the Super Bowl, which netted him thousands of dollars. Other traders use TV antennas for a fraction-of-a-second advantage or dig for information on websites. While these tactics can lead to significant winnings, they also raise questions about the ethics of using nonpublic information for trading.