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Everything you need to know about W.E.T. and prediction markets.
W.E.T. (World Event Trading) is a media-powered data company and the sentiment intelligence layer for prediction markets — a newsroom, live dashboard, and professional circuit for traders, exchange-agnostic across Kalshi and Polymarket. We connect every story to the market that trades on its outcome. We don't run the markets; we run the room.
Prediction markets are platforms where people can trade on the outcomes of future events. Participants buy and sell contracts based on their beliefs about what will happen, with prices reflecting the crowd's collective probability estimate.
We currently cover Kalshi (a CFTC-regulated US exchange) and Polymarket (a crypto-based prediction market). We compare odds across both platforms to help traders identify divergences and opportunities.
When something is "priced in," it means the market has already incorporated that information or expectation into the current odds. If a piece of news doesn't move the market, it was likely already priced in.
A divergence occurs when the same event has different odds on different platforms (e.g., Kalshi shows 40% while Polymarket shows 35%). This could indicate an arbitrage opportunity or reflect platform-specific information or liquidity differences.
To trade on Kalshi, you need to create an account and verify your identity (US residents only). Polymarket uses cryptocurrency and is accessible to users in many jurisdictions. We recommend doing your own research on each platform's requirements and risks.
No. W.E.T. provides information and analysis for educational purposes only. We are not financial advisors, and nothing on this site should be construed as financial advice. Prediction market trading involves risk, and you should only trade with money you can afford to lose.
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You can reach us through our contact page or via social media. We welcome feedback, story tips, and partnership inquiries.
Yes! We have an active community on Discord where traders discuss markets, share insights, and get early access to new features. Subscribe to get access.
Often, yes — decades of research, including the Iowa Electronic Markets project, found market prices frequently competitive with or better than polls, because traders back their views with money and update continuously. They are not infallible: thin liquidity, longshot bias, and manipulation attempts can distort prices. Our blog covers the accuracy evidence in depth.
It depends on what you need. Kalshi is a CFTC-regulated US exchange funded in dollars; Polymarket is crypto-native, settled in USDC. Coverage, liquidity, and access differ by market — which is why W.E.T. tracks both side by side and flags divergences between them. See our full Kalshi vs Polymarket comparison on the blog.
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