By Pratik Chougule Kalshi’s proposal to offer election contracts has not only been rejected by the CFTC, it has resulted in even stricter regulations against political betting. Kalshi’s decision to
Improving Forecasting through Political Betting Freedom
Mission
The Coalition for Political Forecasting aims to liberalize regulations on political betting in order to serve the public interest.
About CPF
The Coalition for Political Forecasting is a community of researchers, traders, and philanthropists that sees real-money prediction markets and other betting platforms as advanced forecasting tools that can help humanity navigate an uncertain future.
The Coalition seeks to advise the policymaking community on how betting on political events can improve democratic institutions, promote economic stability, and facilitate innovative research.
Who We Are
Pratik Chougule
Executive Director
Pratik Chougule has been involved with political betting for more than twenty years as a trader, political analyst, and content creator. He is the host of Star Spangled Gamblers, a podcast focused on political betting.
His commentary and analysis on political prediction markets has appeared in a variety of publications including Forbes, The Washington Post, and Vice News. Chougule graduated Phi Beta Kappa from Brown University and holds a J.D. from Yale Law School. He is an “oracle” on PredictIt, the highest echelon of trader on the site.
Board of Directors
Flip Pidot
Flip Pidot is a leader in the development, operation and study of event futures and political prediction markets, as head of the political swaps platform American Civics Exchange, producer of the prediction market content network OldBull.tv, and formerly market curator at leading political prediction market PredictIt. Flip is also founder and CIO of Sharp Square Capital, a CFTC-regulated fund manager specializing in event futures.
A graduate of Notre Dame and University of Virginia’s Darden School of Business, Flip also holds a Series 3 license and is a CFA Charterholder. He is chairman of the Finance Committee of the City of Glen Cove, NY, a former corporate fraud examiner, and was a 2016 Congressional candidate in New York’s 3rd District.
Solomon Sia
Solomon Sia is a prediction market user and enthusiast and an active participant in the Effective Altruism community. Sia holds a Masters in Management Science and Engineering from Stanford University and a bachelor’s degree in electrical engineering from Carnegie Mellon University.
Blog
How Public Citizen Outmaneuvered Kalshi
By Pratik Chougule The CFTC’s second public comment period on Kalshi’s proposed election contracts received seven times the number of comments it got during its first comment period back in
By Pratik Chougule During the second CFTC comment period on Kalshi’s proposed election contracts, the Center for American Progress (CAP) submitted a letter in opposition to the proposal. What’s significant
Coalition for Political Forecasting Referenced in AFP News Report on 2024 Election Betting
AFP News journalist Nick Roll interviewed Coalition for Political Forecasting executive director Pratik Chougule in his recent report on how Americans are betting on the 2024 U.S. elections. Below is