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On prediction markets, people are betting big money on climate disasters | Canada Voices

Open this photo in gallery:When heavy smoke from Ontario’s wildfires drifted down south people on Polymarket placed their bets on when New York’s dangerous air quality would improve, wagering nearly US$54,000 in three days.Eduardo Munoz/ReutersThe heavy smoke from Ontario wildfires drifted down to New York City last week and turned the sky a hazy orange. Pickup soccer games were cancelled. Public libraries and local police stations handed out face masks. And over on Polymarket, people placed their bets on when New York’s dangerous air quality would improve, wagering nearly US$54,000 in three days.Prediction markets make it exceptionally easy for users…

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