Prediction markets offer the lure of fast money. Young men say they like their odds.

Raluca Maniță

Earlier this year, Thomas Christian Owens decided to try his hand at prediction market trading for the first time. He created a Kalshi account in January. Three months and a $500 deposit later, he started betting. "It was a little bit of a birthday gift to myself to throw some money in there and just have some fun," the 29-year-old manufacturing engineer told CBS News. Owens wasn't expecting to make a killing. He told CBS News that he wanted a little extra money in his pocket to support himself

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