Is investing becoming more like gambling? Betting on the new trading craze.

March 4, 2025

Published: March 4, 2025 at 7:00 a.m. ET

There’s growing demand from retail investors for high-risk investment products. Photo: MarketWatch photo illustration/iStockphoto

Savvas Avramidis is worried about the price of eggs — but not because their increasing cost will make his grocery haul unaffordable. The 35-year-old from Chicago has made a bet on the Kalshi prediction market that the price of eggs will go down.

Will egg prices go up in Trump’s first month in office?” is one of the “markets” that people are putting money on at Kalshi, and Avramidis is betting $2,443 that the answer will be “no.” 

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Gordon Gottsegen

Intraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET. All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.

 

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