{"id":6069,"date":"2026-07-02T10:09:26","date_gmt":"2026-07-02T08:09:26","guid":{"rendered":"https:\/\/propaccount.com\/?p=6069"},"modified":"2026-06-26T10:11:54","modified_gmt":"2026-06-26T08:11:54","slug":"prediction-markets-the-next-move-for-prop-firms","status":"publish","type":"post","link":"https:\/\/propaccount.com\/zh\/resources\/blog\/prediction-markets-the-next-move-for-prop-firms\/","title":{"rendered":"\u9884\u6d4b\u5e02\u573a\uff1a\u81ea\u8425\u4ea4\u6613\u516c\u53f8\u7684\u4e0b\u4e00\u6b65"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_88 ez-toc-wrap-left counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/propaccount.com\/zh\/resources\/blog\/prediction-markets-the-next-move-for-prop-firms\/#What_Are_Prediction_Markets\" >\u4ec0\u4e48\u662f\u9884\u6d4b\u5e02\u573a\uff1f<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/propaccount.com\/zh\/resources\/blog\/prediction-markets-the-next-move-for-prop-firms\/#What_You_Can_Actually_Trade_On\" >\u4f60\u53ef\u4ee5\u5b9e\u9645\u4ea4\u6613\u4ec0\u4e48<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/propaccount.com\/zh\/resources\/blog\/prediction-markets-the-next-move-for-prop-firms\/#The_Institutional_Signal\" >\u673a\u6784\u4fe1\u53f7<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/propaccount.com\/zh\/resources\/blog\/prediction-markets-the-next-move-for-prop-firms\/#Why_Prop_Firms_Are_the_Right_Entry_Point\" >\u4e3a\u4ec0\u4e48\u81ea\u8425\u4ea4\u6613\u516c\u53f8\u662f\u6b63\u786e\u7684\u5207\u5165\u70b9<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/propaccount.com\/zh\/resources\/blog\/prediction-markets-the-next-move-for-prop-firms\/#What_Operators_Need_to_Build_For\" >\u8fd0\u8425\u5546\u9700\u8981\u6784\u5efa\u4ec0\u4e48<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/propaccount.com\/zh\/resources\/blog\/prediction-markets-the-next-move-for-prop-firms\/#Frequently_Asked_Questions\" >\u5e38\u89c1\u95ee\u9898<\/a><\/li><\/ul><\/nav><\/div>\n<p><span style=\"font-weight: 400;\">2024\u5e749\u6708\uff0c\u4e00\u5bb6\u8054\u90a6\u5730\u533a\u6cd5\u9662\u88c1\u5b9aKalshi\u7684\u603b\u7edf\u9009\u4e3e\u5408\u7ea6\u7b26\u5408\u5408\u6cd5\u91d1\u878d\u5de5\u5177\u7684\u8d44\u683c\uff0c\u6839\u636e <\/span><a href=\"https:\/\/www.cnbc.com\/2024\/10\/09\/kalshi-expands-election-betting-options-cftc-complains.html\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">\u5546\u54c1\u4ea4\u6613\u6cd5<\/span><\/a><span style=\"font-weight: 400;\">, \uff0c\u5c06\u9884\u6d4b\u5e02\u573a\u91cd\u65b0\u5b9a\u4e49\u4e3a\u5408\u6cd5\u7684\u91d1\u878d\u5de5\u5177\uff0c\u5e76\u63a8\u7ffb\u4e86CFTC\u591a\u5e74\u6765\u4e00\u76f4\u963b\u6b62\u5b83\u4eec\u7684\u7981\u4ee4\u3002\u5f53\u4e0a\u8bc9\u6cd5\u9662\u4e8e2024\u5e7410\u6708\u7ef4\u6301\u8be5\u88c1\u51b3\u65f6\uff0c\u95f8\u95e8\u4fbf\u6253\u5f00\u4e86\u3002.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">2024\u5e74\u603b\u7edf\u9009\u4e3e\u5728\u9884\u6d4b\u5e02\u573a\u4e0a\u5438\u5f15\u4e86\u6570\u5341\u4ebf\u7f8e\u5143\u7684\u4ea4\u6613\u91cf\uff0c\u8be5\u8d44\u4ea7\u7c7b\u522b\u767b\u4e0a\u4e86\u5168\u7403\u5404\u5927\u91d1\u878d\u51fa\u7248\u7269\u7684\u5934\u7248\u3002.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u52302025\u5e74\u5e95\uff0cPolymarket\u548cKalshi\u5408\u8ba1\u5904\u7406\u4e86\u8d85\u8fc7440\u4ebf\u7f8e\u5143\u7684\u603b\u4ea4\u6613\u91cf\uff0c\u800c\u51e0\u5e74\u524d\u51e0\u4e4e\u4e3a\u96f6\u3002\u4f2f\u6069\u65af\u5766\u5206\u6790\u5e08Gautam Chhugani\u9884\u6d4b\u8be5\u884c\u4e1a\u53ef\u80fd\u8fbe\u5230 <\/span><a href=\"https:\/\/www.cnbc.com\/2026\/04\/14\/prediction-markets-will-grow-to-1-trillion-by-2030-bernstein-says.html\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">1\u4e07\u4ebf\u7f8e\u5143<\/span><\/a><span style=\"font-weight: 400;\"> \u7684\u5e74\u4ea4\u6613\u91cf\u3002.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u81ea\u8425\u4ea4\u6613\u516c\u53f8\u5728\u5e02\u573a\u5927\u90e8\u5206\u53c2\u4e0e\u8005\u8d76\u4e0a\u4e4b\u524d\u5c31\u5df2\u7ecf\u5173\u6ce8\u4e86\u3002\u5c06\u9884\u6d4b\u5e02\u573a\u6dfb\u52a0\u4e3a\u53ef\u4ea4\u6613\u8d44\u4ea7\u7c7b\u522b\u7684\u4e3e\u52a8\u5e76\u975e\u8ffd\u9010\u6f6e\u6d41\u7684\u51b3\u5b9a\u3002\u5b83\u9884\u793a\u7740\u4ea4\u6613\u8005\u9700\u6c42\u7684\u8d70\u5411\uff0c\u800c\u8fd9\u4e00\u5224\u65ad\u80cc\u540e\u7684\u6570\u636e\u4e5f\u53d8\u5f97\u96be\u4ee5\u53cd\u9a73\u3002.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Prediction_Markets\"><\/span><span style=\"font-weight: 400;\">\u4ec0\u4e48\u662f\u9884\u6d4b\u5e02\u573a\uff1f<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">\u9884\u6d4b\u5e02\u573a\u662f\u4eba\u4eec\u6839\u636e\u672a\u6765\u4e8b\u4ef6\u7684\u7ed3\u679c\u4ea4\u6613\u975e\u91d1\u878d\u671f\u8d27\u5408\u7ea6\u7684\u5730\u65b9\u3002\u4f60\u4e0d\u662f\u8d2d\u4e70\u516c\u53f8\u7684\u80a1\u7968\u6216\u8d27\u5e01\u5bf9\uff0c\u800c\u662f\u5c31\u67d0\u4ef6\u7279\u5b9a\u4e8b\u60c5\u662f\u5426\u4f1a\u53d1\u751f\u8fdb\u884c\u5efa\u4ed3\u3002.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u6700\u5e38\u89c1\u7684\u5f62\u5f0f\u662f\u4e8c\u5143\u5408\u7ea6\uff1a\u4e00\u4e2a\u6709\u662f\u6216\u5426\u7b54\u6848\u7684\u95ee\u9898\uff0c\u5e76\u6709\u660e\u786e\u7684\u7ed3\u7b97\u65e5\u671f\u3002.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u6bd4\u7279\u5e01\u4f1a\u5728\u5e74\u5e95\u524d\u6536\u76d8\u4ef7\u9ad8\u4e8e\u67d0\u4e2a\u7279\u5b9a\u4ef7\u683c\u5417\uff1f\u4f60\u5efa\u7acb\u4e00\u4e2a\u5934\u5bf8\uff0c\u5408\u7ea6\u4f1a\u5b9e\u65f6\u4ea4\u6613\u76f4\u5230\u4e8b\u4ef6\u89e3\u51b3\u3002.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u5982\u679c\u4f60\u5bf9\u4e86\uff0c\u4f60\u5c31\u4f1a\u83b7\u5f97\u6536\u76ca\u3002\u5982\u679c\u4f60\u9519\u4e86\uff0c\u4f60\u5c31\u4f1a\u5931\u53bb\u4f60\u6240\u62bc\u6ce8\u7684\u3002\u4f46\u4f60\u4e0d\u4f1a\u88ab\u9501\u5b9a\u5728\u4efb\u4f55\u4e00\u79cd\u60c5\u51b5\u4e2d\u3002\u4f60\u53ef\u4ee5\u5728\u7ed3\u7b97\u524d\u7684\u4efb\u4f55\u65f6\u5019\u4e70\u5165\u6216\u5356\u51fa\u4f60\u7684\u5934\u5bf8\uff0c\u5982\u679c\u8d54\u7387\u5bf9\u4f60\u6709\u5229\uff0c\u5219\u83b7\u5229\u4e86\u7ed3\uff1b\u5982\u679c\u8d54\u7387\u5bf9\u4f60\u4e0d\u5229\uff0c\u5219\u6b62\u635f\u3002.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u5408\u7ea6\u4ef7\u683c\u5728\u96f6\u548c1\u7f8e\u5143\u4e4b\u95f4\u6ce2\u52a8\u3002\u4e00\u4efd\u5b9a\u4ef7\u4e3a0.65\u7f8e\u5143\u7684\u5408\u7ea6\u610f\u5473\u7740\u5e02\u573a\u8ba4\u4e3a\u8be5\u4e8b\u4ef6\u53d1\u751f\u7684\u53ef\u80fd\u6027\u4e3a65%\u3002\u968f\u7740\u66f4\u591a\u4ea4\u6613\u8005\u5efa\u7acb\u5934\u5bf8\u4ee5\u53ca\u65b0\u4fe1\u606f\u7684\u6d41\u5165\uff0c\u4ef7\u683c\u4f1a\u5b9e\u65f6\u53d8\u52a8\u3002\u7ed3\u679c\u662f\u4e00\u4e2a\u5b9e\u65f6\u7684\u3001\u4f17\u5305\u7684\u6982\u7387\u8861\u91cf\u5de5\u5177\uff0c\u7528\u4e8e\u5e02\u573a\u6b63\u5728\u8ffd\u8e2a\u7684\u4efb\u4f55\u95ee\u9898\u3002.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u4e09\u5927\u4e3b\u8981\u5408\u7ea6\u7c7b\u578b\u6b63\u5728\u5404\u5927\u5e73\u53f0\u4e0a\u4f7f\u7528\u4e2d\u3002.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u4e8c\u5143\u5408\u7ea6\u662f\u6700\u5e38\u89c1\u7684\u5f62\u5f0f\uff0c\u6b63\u786e\u7ed3\u679c\u652f\u4ed8\u4e00\u7f8e\u5143\uff0c\u9519\u8bef\u7ed3\u679c\u652f\u4ed8\u96f6\u7f8e\u5143\u3002.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u8fde\u7eed\u5408\u7ea6\u6839\u636e\u4e00\u7cfb\u5217\u7ed3\u679c\u800c\u975e\u5355\u4e00\u4e8c\u5143\u7ed3\u679c\u8fdb\u884c\u652f\u4ed8\uff0c\u7528\u4e8e\u4ef7\u683c\u6c34\u5e73\u6216\u6295\u7968\u4efd\u989d\u767e\u5206\u6bd4\u3002.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u6761\u4ef6\u5408\u7ea6\u5c06\u7ed3\u679c\u4e0e\u9996\u5148\u53d1\u751f\u7684\u53e6\u4e00\u4e2a\u4e8b\u4ef6\u8054\u7cfb\u8d77\u6765\uff0c\u4e3a\u5e02\u573a\u7ed3\u6784\u589e\u52a0\u4e86\u56e0\u679c\u5173\u7cfb\u5c42\u3002.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u5728\u8fd9\u4e09\u79cd\u7c7b\u578b\u4e2d\uff0c\u4ea4\u6613\u8005\u5728\u5165\u573a\u65f6\u4e0d\u4f1a\u88ab\u9501\u5b9a\u3002\u5934\u5bf8\u53ef\u4ee5\u5728\u7ed3\u7b97\u524d\u4e70\u5165\u6216\u5356\u51fa\uff0c\u4f7f\u4ea4\u6613\u8005\u80fd\u591f\u9501\u5b9a\u6536\u76ca\u6216\u6b62\u635f\uff0c\u968f\u7740\u65b0\u4fe1\u606f\u63a8\u52a8\u4ef7\u683c\u53d8\u52a8\u3002.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_You_Can_Actually_Trade_On\"><\/span><span style=\"font-weight: 400;\">\u4f60\u53ef\u4ee5\u5b9e\u9645\u4ea4\u6613\u4ec0\u4e48<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">\u65e9\u671f\u7684\u9884\u6d4b\u5e02\u573a\u5e73\u53f0\u51e0\u4e4e\u5b8c\u5168\u4e13\u6ce8\u4e8e\u7f8e\u56fd\u653f\u6cbb\u3002\u5982\u4eca\uff0c\u4e3b\u8981\u5e73\u53f0\u6db5\u76d6\u4e86\u66f4\u5e7f\u6cdb\u7684\u7c7b\u522b\uff0c\u8fd9\u79cd\u591a\u6837\u5316\u662f\u7ef4\u6301\u9009\u4e3e\u5468\u671f\u4e4b\u5916\u4ea4\u6613\u91cf\u589e\u957f\u7684\u91cd\u8981\u539f\u56e0\u3002.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u6d3b\u8dc3\u5e02\u573a\u73b0\u5728\u5305\u62ec\u7f8e\u8054\u50a8\u5229\u7387\u51b3\u5b9a\u3001\u901a\u80c0\u6570\u636e\u53d1\u5e03\u3001GDP\u6570\u636e\u4ee5\u53ca\u4e3b\u8981\u6307\u6570\u6c34\u5e73\uff0c\u540c\u65f6\u8fd8\u6709\u52a0\u5bc6\u8d27\u5e01\u4ef7\u683c\u76ee\u6807\u3001\u4f53\u80b2\u8d5b\u4e8b\u51a0\u519b\u7ed3\u679c\u548c\u4e2a\u4eba\u8868\u73b0\u91cc\u7a0b\u7891\u3002\u79d1\u5b66\u6280\u672f\u5e02\u573a\u8ffd\u8e2aAI\u80fd\u529b\u57fa\u51c6\u548c\u6c14\u5019\u8bb0\u5f55\u3002\u53ef\u8f6c\u5316\u4e3a\u53ef\u4ea4\u6613\u5408\u7ea6\u7684\u8303\u56f4\u5df2\u663e\u8457\u6269\u5927\uff0c\u4ea4\u6613\u91cf\u4e5f\u968f\u4e4b\u589e\u957f<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u8fd9\u79cd\u5e7f\u5ea6\u5bf9\u81ea\u8425\u4ea4\u6613\u516c\u53f8\u5c24\u5176\u91cd\u8981\u3002\u4ed6\u4eec\u7684\u4ea4\u6613\u8005\u57fa\u7840\u6db5\u76d6\u5916\u6c47\u4e13\u5bb6\u3001\u5b8f\u89c2\u4ea4\u6613\u8005\u3001\u52a0\u5bc6\u8d27\u5e01\u53c2\u4e0e\u8005\u548c\u80a1\u7968\u5206\u6790\u5e08\u3002\u591a\u7c7b\u522b\u9884\u6d4b\u5e02\u573a\u4ea7\u54c1\u4e3a\u8fd9\u4e9b\u7fa4\u4f53\u4e2d\u7684\u6bcf\u4e00\u4e2a\u63d0\u4f9b\u4e86\u81ea\u7136\u7684\u5207\u5165\u70b9\uff0c\u800c\u65e0\u9700\u5168\u65b0\u7684\u6280\u80fd\u7ec4\u5408\u3002.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Institutional_Signal\"><\/span><span style=\"font-weight: 400;\">\u673a\u6784\u4fe1\u53f7<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">\u9884\u6d4b\u5e02\u573a\u5df2\u8de8\u8d8a\u95e8\u69db\u7684\u6700\u6e05\u6670\u4fe1\u53f7\u6765\u81ea\u4e8e\u4e13\u4e1a\u8d44\u672c\u7684\u6d41\u5411\u3002.<\/span> <span style=\"font-weight: 400;\">\u6839\u636e <\/span><a href=\"https:\/\/www.financemagnates.com\/institutional-forex\/prediction-markets-are-about-to-go-mainstream-and-prop-firms-know-it\/\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">\u7814\u7a76\u516c\u53f8Acuiti<\/span><\/a><span style=\"font-weight: 400;\">, \uff0c9%\u7684\u53d7\u8bbf\u884d\u751f\u54c1\u516c\u53f8\u5df2\u7ecf\u5f00\u59cb\u4ea4\u6613\u9884\u6d4b\u5e02\u573a\uff0c\u53e6\u670935%\u6b63\u5728\u8003\u8651\u8fdb\u5165\u3002.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u5176\u4e2d <\/span><a href=\"\/zh\/resources\/glossary\/what-is-proprietary-trading\/\"><span style=\"font-weight: 400;\">\u81ea\u8425\u4ea4\u6613<\/span><\/a><span style=\"font-weight: 400;\"> \u81ea\u8425\u4ea4\u6613\u516c\u53f8\uff0c\u8fd9\u4e9b\u6570\u5b57\u66f4\u9ad8\uff1a13%\u5df2\u7ecf\u6d3b\u8dc3\uff0c31%\u6b63\u5728\u6743\u8861\u53c2\u4e0e\u3002.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u8fd9\u4e0d\u662f\u4e00\u4e2a\u8fb9\u7f18\u4fe1\u53f7\u3002\u6d32\u9645\u4ea4\u6613\u6240\uff08\u7ebd\u7ea6\u8bc1\u5238\u4ea4\u6613\u6240\u7684\u6bcd\u516c\u53f8\uff09\u627f\u8bfa\u6295\u5165\u9ad8\u8fbe <\/span><a href=\"https:\/\/ir.theice.com\/press\/news-details\/2025\/ICE-Announces-Strategic-Investment-in-Polymarket\/default.aspx\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">20\u4ebf\u7f8e\u5143<\/span><\/a><span style=\"font-weight: 400;\"> \u7ed9Polymarket\u3002\u4e3b\u8981\u96f6\u552e\u7ecf\u7eaa\u516c\u53f8\u3001\u884d\u751f\u54c1\u4ea4\u6613\u6240\u548c\u4f53\u80b2\u8054\u76df\u90fd\u5df2\u5165\u573a\u3002\u8be5\u8d44\u4ea7\u7c7b\u522b\u4e0d\u518d\u662f\u6295\u673a\u6027\u7684\uff0c\u5c31\u672a\u7ecf\u8bc1\u5b9e\u800c\u8a00\u3002.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u540c\u6837\u7684Acuiti\u8c03\u67e5\u663e\u793a\uff0c\u6574\u4f53\u884d\u751f\u54c1\u884c\u4e1a\u7684\u4fe1\u5fc3\u5728\u4e94\u4e2a\u5b63\u5ea6\u5185\u8fbe\u5230\u6700\u9ad8\u6c34\u5e73\u3002\u9884\u6d4b\u5e02\u573a\u6b63\u503c\u4e00\u4e2a\u65f6\u523b\uff0c\u6b64\u65f6\u5168\u7403\u4e13\u4e1a\u4ea4\u6613\u53f0\u5bf9\u65b0\u578b\u5408\u7ea6\u7684\u9700\u6c42\u5df2\u7ecf\u5f88\u9ad8\u3002.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Prop_Firms_Are_the_Right_Entry_Point\"><\/span><span style=\"font-weight: 400;\">\u4e3a\u4ec0\u4e48\u81ea\u8425\u4ea4\u6613\u516c\u53f8\u662f\u6b63\u786e\u7684\u5207\u5165\u70b9<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">\u81ea\u8425\u4ea4\u6613\u516c\u53f8\u76ee\u524d\u5360\u636e\u7740\u4e00\u4e2a\u4e0d\u5bfb\u5e38\u7684\u4f4d\u7f6e\u3002\u4ed6\u4eec\u7684\u4ea4\u6613\u5458\u57fa\u7840\u5df2\u7ecf\u6d3b\u8dc3\u4e8e\u91d1\u878d\u9886\u57df\uff0c\u98ce\u9669\u610f\u8bc6\u5f3a\uff0c\u5e76\u4e60\u60ef\u4e8e\u7ed3\u6784\u5316\u7684\u8bc4\u4f30\u73af\u5883\u3002\u901a\u8fc7\u4e86\u8d44\u91d1\u8d26\u6237\u6311\u6218\u7684\u4ea4\u6613\u5458\u5df2\u7ecf\u8bc1\u660e\u4e86\u5728\u65e2\u5b9a\u53c2\u6570\u5185\u64cd\u4f5c\u7684\u80fd\u529b\uff0c\u5e76\u7cfb\u7edf\u5730\u7ba1\u7406\u4e0b\u884c\u98ce\u9669\u3002\u8fd9\u79cd\u7279\u5f81\u76f4\u63a5\u6620\u5c04\u5230\u9884\u6d4b\u5e02\u573a\u53c2\u4e0e\uff0c\u5728\u90a3\u91cc\uff0c\u7eaa\u5f8b\u6bd4\u6267\u884c\u901f\u5ea6\u66f4\u91cd\u8981\u3002.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u8fd9\u79cd\u91cd\u53e0\u66f4\u8fdb\u4e00\u6b65\u3002\u4e13\u6ce8\u4e8e\u52a0\u5bc6\u8d27\u5e01\u7684\u4ea4\u6613\u5458\u53ef\u4ee5\u4ea4\u6613\u52a0\u5bc6\u8d27\u5e01\u4ef7\u683c\u76ee\u6807\u5408\u7ea6\u3002\u4e13\u6ce8\u4e8e\u80a1\u7968\u7684\u53c2\u4e0e\u8005\u53ef\u4ee5\u4ea4\u6613\u6536\u76ca\u548c\u6307\u6570\u7ea7\u522b\u7684\u5e02\u573a\u3002\u6bcf\u79cd\u73b0\u6709\u4ea4\u6613\u5458\u7c7b\u578b\u90fd\u627e\u5230\u4e86\u4ed6\u4eec\u5df2\u7ecf\u505a\u7684\u4e8b\u60c5\u7684\u81ea\u7136\u5ef6\u4f38\u3002.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u8fd8\u6709\u4e00\u4e2a\u7559\u5b58\u7684\u8bba\u70b9\u3002\u5bf9\u65e5\u5185\u4ea4\u6613\u8bbe\u7f6e\u7684\u91cd\u590d\u8282\u594f\u611f\u5230\u538c\u5026\u7684\u4ea4\u6613\u5458\u5e38\u5e38\u5b8c\u5168\u79bb\u5f00\u8d44\u91d1\u5e73\u53f0\u3002\u9884\u6d4b\u5e02\u573a\u5f15\u5165\u4e86\u4e00\u79cd\u65b0\u578b\u7684\u53c2\u4e0e\u65b9\u5f0f\uff0c\u5b83\u5229\u7528\u4e86\u76f8\u540c\u7684\u5206\u6790\u6280\u80fd\uff0c\u800c\u4e0d\u9700\u8981\u76f8\u540c\u7684\u5c4f\u5e55\u65f6\u95f4\u548c\u6267\u884c\u7cbe\u5ea6\u3002.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Operators_Need_to_Build_For\"><\/span><span style=\"font-weight: 400;\">\u8fd0\u8425\u5546\u9700\u8981\u6784\u5efa\u4ec0\u4e48<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">\u5c06\u9884\u6d4b\u5e02\u573a\u6dfb\u52a0\u5230\u81ea\u8425\u4ea4\u6613\u516c\u53f8\u7684\u4ea7\u54c1\u4e2d\u5e76\u975e\u4e00\u4e2a\u7b80\u5355\u7684\u5f00\u5173\u3002\u4e3a\u5916\u6c47\u6216\u671f\u8d27\u6784\u5efa\u7684\u6311\u6218\u89c4\u5219\u3001\u652f\u4ed8\u7ed3\u6784\u548c\u98ce\u9669\u53c2\u6570\u4e0d\u80fd\u76f4\u63a5\u8f6c\u79fb\u5230\u57fa\u4e8e\u4e8b\u4ef6\u7684\u5408\u7ea6\u3002.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u5728\u8fd9\u91cc\uff0c\u900f\u660e\u5ea6\u6bd4\u4f20\u7edf\u8d44\u4ea7\u7c7b\u522b\u66f4\u91cd\u8981\u3002\u5728\u5f00\u653e\u9884\u6d4b\u5e02\u573a\u4e2d\u6301\u6709\u5934\u5bf8\u7684\u4ea4\u6613\u5458\u9762\u4e34\u7740\u4e00\u79cd\u4e0d\u540c\u4e8e\u6301\u6709\u8d27\u5e01\u5bf9\u7684\u4ea4\u6613\u5458\u7684\u4e0d\u786e\u5b9a\u6027\u3002\u5934\u5bf8\u4e0d\u4f1a\u6301\u7eed\u53d8\u52a8\u3002\u5b83\u4f1a\u4fdd\u6301\u5e02\u573a\u5206\u914d\u7684\u4efb\u4f55\u6982\u7387\uff0c\u76f4\u5230\u4e8b\u4ef6\u89e3\u51b3\u3002.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u8fd9\u4e9b\u90fd\u662f\u53ef\u89e3\u51b3\u7684\u95ee\u9898\uff0c\u4f46\u5b83\u4eec\u9700\u8981\u771f\u6b63\u7684\u5e73\u53f0\u7075\u6d3b\u6027\u3002\u767d\u6807\u89e3\u51b3\u65b9\u6848\u63d0\u4f9b\u5546\uff0c\u4f8b\u5982 <\/span><a href=\"\/zh\/\"><span style=\"font-weight: 400;\">PropAccount.com<\/span><\/a><span style=\"font-weight: 400;\"> \u5df2\u7ecf\u91c7\u53d6\u884c\u52a8\u652f\u6301\u9884\u6d4b\u5e02\u573a\u4f5c\u4e3a\u4e00\u79cd\u53d7\u652f\u6301\u7684\u8d44\u4ea7\u7c7b\u522b\uff0c\u8d4b\u4e88\u8fd0\u8425\u5546\u6784\u5efa\u6311\u6218\u8ba1\u5212\u7684\u80fd\u529b\uff0c\u5305\u62ec\u57fa\u4e8e\u4e8b\u4ef6\u7684\u4ea4\u6613\uff0c\u800c\u65e0\u9700\u4ece\u5934\u5f00\u59cb\u91cd\u5efa\u4ed6\u4eec\u7684\u4ea7\u54c1\u3002.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u5bf9\u4e8e\u5173\u6ce8\u8be5\u9886\u57df\u6570\u636e\u548c\u4ea4\u6613\u91cf\u8f68\u8ff9\u7684\u8fd0\u8425\u5546\u800c\u8a00\uff0c\u8fd9\u79cd\u7075\u6d3b\u6027\u4e0d\u518d\u662f\u5dee\u5f02\u5316\u56e0\u7d20\u3002\u5b83\u662f\u4e00\u4e2a\u57fa\u7ebf\u3002.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><span style=\"font-weight: 400;\">\u5e38\u89c1\u95ee\u9898<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><b>\u95ee\uff1a\u4ec0\u4e48\u662f\u9884\u6d4b\u5e02\u573a\uff1f<\/b><\/p>\n<p><span style=\"font-weight: 400;\">\u4e00\u4e2a\u4f60\u53ef\u4ee5\u4ea4\u6613\u5408\u7ea6\u7684\u5e02\u573a\uff0c\u5173\u4e8e\u4e00\u4e2a\u771f\u5b9e\u4e16\u754c\u4e8b\u4ef6\u662f\u5426\u4f1a\u53d1\u751f\u3002\u4ef7\u683c\u53cd\u6620\u96c6\u4f53\u6982\u7387\uff1a\u6b63\u786e\u652f\u4ed81\u7f8e\u5143\uff0c\u4e0d\u6b63\u786e\u652f\u4ed80\u7f8e\u5143\uff0c\u4f60\u53ef\u4ee5\u5728\u7ed3\u7b97\u524d\u968f\u65f6\u9000\u51fa\u3002.<\/span><\/p>\n<p><b>\u95ee\uff1a\u9884\u6d4b\u5e02\u573a\u4e0e\u671f\u8d27\u6216\u671f\u6743\u6709\u4f55\u4e0d\u540c\uff1f<\/b><\/p>\n<p><span style=\"font-weight: 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400;\">\u8fd9\u53d6\u51b3\u4e8e\u8fd0\u8425\u5546\u3002\u4e00\u4e9b\u767d\u6807\u89e3\u51b3\u65b9\u6848\u63d0\u4f9b\u5546\u73b0\u5728\u652f\u6301\u9884\u6d4b\u5e02\u573a\uff0c\u4e0e\u5916\u6c47\u3001\u671f\u8d27\u3001\u52a0\u5bc6\u8d27\u5e01\u548c\u80a1\u7968\u4e00\u8d77\u3002\u5728\u4ea4\u6613\u524d\u68c0\u67e5\u60a8\u7684\u5e73\u53f0\u662f\u5426\u652f\u6301\u8be5\u8d44\u4ea7\u7c7b\u522b\u3002.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>In September 2024, a federal district court ruled that Kalshi&#8217;s presidential election contracts qualified as legitimate financial instruments under the [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":6070,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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