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« Prediction markets aren’t new. Betting on papal conclaves was common in Italian city-states until Pope Gregory XIV banned the practice in 1591. (It continued underground.) In the 18th century, British gamblers wagered on whether the Tea Act would be repealed, and during World War II Londoners bet on how many German planes would be shot down. » https://www.bloomberg.com/features/2026-prediction-markets-polymarket-kalshi/
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