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On online prediction markets, people place bets on the outcomes of real-life wars

Online prediction markets are allowing people to place bets on the outcomes of real-life wars. NPR's Ayesha Rascoe talks to reporter Matthew Gault about the rise of the practice and its consequences.

Copyright 2025 NPR

Ayesha Rascoe is a White House correspondent for NPR. She is currently covering her third presidential administration. Rascoe's White House coverage has included a number of high profile foreign trips, including President Trump's 2019 summit with North Korean leader Kim Jong Un in Hanoi, Vietnam, and President Obama's final NATO summit in Warsaw, Poland in 2016. As a part of the White House team, she's also a regular on the NPR Politics Podcast.