Evan Semet

Evan Semet appears in Do prediction market bettors make anything better? as a Kalshi trader who says he was making close to $100,000 a month on the platform while also expressing doubts about the social value of many markets.

His role is important because he is not an outside critic. The episode uses him to show that successful traders can benefit from Prediction Market Trader Alpha while still seeing a darker side: if profits come from other users throwing money away, the Prediction Market Public-Good Claim becomes harder to defend as a general description of the product.

Connections

• Kalshi - platform where he trades.
• Prediction Market Trader Alpha - profit-side concept grounded by his case.
• Prediction Market Public-Good Claim, Prediction Market Ethics, and Prediction Market Legal Boundary - concepts his doubts complicate.