Through prediction markets people are betting big money on climate disasters
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 to gamble on the outcome of real-world events. These online platforms – led by the two biggest, Polymarket and Kalshi – have exploded in popularity over the past year.
- ▪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 to gamble on the outcome of real-world
- ▪These online platforms – led by the two biggest, Polymarket and Kalshi – have exploded in popularity over the past year.
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| Original publisher | The Globe and Mail |
| Canonical URL | https://www.theglobeandmail.com/life/article-through-prediction-markets-people-are-betting-big-money-on-climate/ |
| Publication time | Sun, 26 Jul 2026 16:43:34 +0000 |
| Retrieval time | 2026-07-26T16:48:12.499Z |
| Last seen | 2026-07-26T16:48:12.499Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | IuDTXj1zVSlr |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
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/ReutersShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountThe 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 to gamble on the outcome of real-world events.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.
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