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Today on Chicks on the Right, we talk with Bulwark Capital Management about the rise of online betting platforms like Polymarket and Kalshi—and how people are literally making money betting on world events like war. Is it wildly unethical… or just the free market at work? Zach explains why prediction markets aren’t going anywhere, how investors may eventually use them to hedge massive financial risks, and why betting markets can sometimes be more accurate than pundits. Plus: the shady side of betting, crypto as a “bet” vs. an investment, and why understanding probabilities might actually make you smarter—even if you never place a wager.
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Amy Jo Clark
Miriam Weaver