Prediction Market Traders Deploy AI Bots Across 100,000 Markets, Chasing Edges Worth $250,000
Updated
Updated · CNBC · Aug 1
Prediction Market Traders Deploy AI Bots Across 100,000 Markets, Chasing Edges Worth $250,000
3 articles · Updated · CNBC · Aug 1
Summary
$250,000 in one month helped turn 26-year-old Logan Sudeith into a full-time trader, using tools like a TV antenna to beat streaming lag and trade Super Bowl ad contracts faster.
More than 100,000 active markets across Polymarket and Kalshi are pushing traders toward automation, with users relying on AI to scan news, court filings and chat servers for tradeable signals.
Steve Farmer said his Kalshi bot wins about 70% of the time on economic contracts, while Michael Boss delayed going full-time until February until his software could place constant trades across markets.
Kalshi this month launched its Pro terminal after testing with heavy users, and startup Kairos is pitching cross-exchange tools and real-time data to traders who lack the time or skill to build their own systems.
The shift suggests prediction markets are becoming a software arms race, with active traders arguing manual speculators will struggle to match automated strategies.