Free Webinar - Prediction Markets: What they are and What you Need to Know
Event date: -
Event location: Online
Event Link: https://ymcagta-org.zoom.us/webinar/register/WN_0Me4TRXLTm6kQCNcERQKAA
Event type: Single day (a day or less)
Prediction markets are changing the way people engage with current events, sports, politics and more. But what exactly are they, and how should we understand the risks they may present?
This free webinar will explore:
• How prediction markets work and how they compare with gambling and long-term investing
• The role of skill, information, chance and AI
• The Canadian & Ontario context
• The psychology of prediction, including uncertainty, overconfidence and the illusion of control
• Impact of social media and influencers on the normalization and promotion of prediction markets
• The risks associated with prediction markets, including insider trading, outcome manipulation and platform design features contributing to problematic engagement
Similar behaviours and potential harms can occur across activities described as gambling, investing, or prediction markets. We’ll focus on how people engage with these activities, how to recognize warning signs and emerging harms, and practical strategies and resources to reduce or prevent risk.